Curbline Properties (NYSE:CURB) Director Alexander Otto Sells 839 Shares

Key Points

• Director Alexander Otto sold 839 Curbline Properties shares at an average price of $29.52, generating $24,767.28. He retained 6,550,075 shares after the transaction.
• Otto has conducted multiple additional sales since mid-August, including more than 221,000 shares on September 8, indicating substantial recent insider selling.
• Curbline shares fell 1.8% to $28.71, while the company reported quarterly revenue growth of 52.9% and earnings that exceeded analyst expectations. Analysts maintain a “Moderate Buy” consensus with an average price target of $32.22.

Curbline Properties Corp. (NYSE:CURB - Get Free Report) Director Alexander Otto sold 839 shares of the business's stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $29.52, for a total transaction of $24,767.28. Following the completion of the sale, the director owned 6,550,075 shares in the company, valued at $193,358,214. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Alexander Otto also recently made the following trade(s):

• On Thursday, September 10th, Alexander Otto sold 2,344 shares of Curbline Properties stock. The stock was sold at an average price of $29.51, for a total transaction of $69,171.44.
• On Wednesday, September 9th, Alexander Otto sold 33,112 shares of Curbline Properties stock. The shares were sold at an average price of $29.59, for a total value of $979,784.08.
• On Tuesday, September 8th, Alexander Otto sold 221,812 shares of Curbline Properties stock. The stock was sold at an average price of $29.68, for a total value of $6,583,380.16.
• On Friday, August 28th, Alexander Otto sold 110,144 shares of Curbline Properties stock. The shares were sold at an average price of $30.11, for a total value of $3,316,435.84.
• On Wednesday, August 26th, Alexander Otto sold 134,868 shares of Curbline Properties stock. The shares were sold at an average price of $30.17, for a total value of $4,068,967.56.
• On Tuesday, August 25th, Alexander Otto sold 174,293 shares of Curbline Properties stock. The stock was sold at an average price of $30.12, for a total value of $5,249,705.16.
• On Wednesday, August 19th, Alexander Otto sold 1,206 shares of Curbline Properties stock. The shares were sold at an average price of $30.10, for a total transaction of $36,300.60.
• On Tuesday, August 18th, Alexander Otto sold 32,927 shares of Curbline Properties stock. The stock was sold at an average price of $30.02, for a total transaction of $988,468.54.
• On Monday, August 17th, Alexander Otto sold 9,173 shares of Curbline Properties stock. The stock was sold at an average price of $30.04, for a total transaction of $275,556.92.
• On Friday, August 14th, Alexander Otto sold 136,226 shares of Curbline Properties stock. The stock was sold at an average price of $30.25, for a total transaction of $4,120,836.50.

Curbline Properties Stock Down 1.8%

Shares of CURB traded down $0.53 during mid-day trading on Wednesday, reaching $28.71. The company's stock had a trading volume of 1,102,900 shares, compared to its average volume of 1,045,379. The company has a market cap of $3.30 billion, a price-to-earnings ratio of 106.35 and a beta of 0.49. The business has a fifty day moving average of $30.17 and a 200 day moving average of $28.88. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. Curbline Properties Corp. has a 1 year low of $22.08 and a 1 year high of $32.15.

Curbline Properties (NYSE:CURB - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.27. The firm had revenue of $63.30 million during the quarter, compared to the consensus estimate of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The business's revenue for the quarter was up 52.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, analysts forecast that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Wall Street Zen raised Curbline Properties from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 1st. Morgan Stanley reiterated an "equal weight" rating and set a $30.00 target price on shares of Curbline Properties in a research note on Thursday, June 18th. Piper Sandler decreased their price target on shares of Curbline Properties from $40.00 to $39.00 and set an "overweight" rating on the stock in a research report on Thursday, August 27th. Jefferies Financial Group initiated coverage on Curbline Properties in a report on Tuesday, August 25th. They set a "buy" rating and a $36.00 price objective on the stock. Finally, Weiss Ratings raised shares of Curbline Properties from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, August 12th. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $32.22.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CURB. BlackRock Inc. acquired a new stake in shares of Curbline Properties during the second quarter worth $531,338,000. Principal Financial Group Inc. lifted its stake in Curbline Properties by 110.3% in the first quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company's stock valued at $133,489,000 after buying an additional 2,714,859 shares during the period. Alyeska Investment Group L.P. lifted its stake in Curbline Properties by 50.2% in the second quarter. Alyeska Investment Group L.P. now owns 3,457,221 shares of the company's stock valued at $105,100,000 after buying an additional 1,155,731 shares during the period. Deutsche Bank AG acquired a new position in shares of Curbline Properties during the 2nd quarter worth about $62,145,000. Finally, Wellington Management Group LLP increased its stake in shares of Curbline Properties by 138.3% in the 2nd quarter. Wellington Management Group LLP now owns 1,987,340 shares of the company's stock valued at $60,415,000 after acquiring an additional 1,153,326 shares during the last quarter.

Curbline Properties Company Profile

Curbline Properties Corporation NYSE: CURB is a self-managed real estate investment trust focused on owning and operating convenience-oriented retail properties. Its portfolio primarily consists of open-air shopping centers designed to serve everyday consumer needs and support services in established communities.

The company's properties are generally occupied by tenants such as grocery stores, restaurants, healthcare providers, fitness operators, personal-service businesses and other necessity- and service-oriented retailers.

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