Insider Selling: Curbline Properties (NYSE:CURB) Director Sells $3,316,435.84 in Stock

Curbline Properties Corp. (NYSE:CURBGet Free Report) Director Alexander Otto sold 110,144 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $30.11, for a total value of $3,316,435.84. Following the transaction, the director directly owned 6,811,882 shares of the company’s stock, valued at approximately $205,105,767.02. The trade was a 1.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

  • 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 Wednesday, August 26th, Alexander Otto sold 134,868 shares of Curbline Properties stock. The stock was 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 value of $36,300.60.
  • On Tuesday, August 18th, Alexander Otto sold 32,927 shares of Curbline Properties stock. The shares were 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.
  • On Thursday, August 13th, Alexander Otto sold 135,612 shares of Curbline Properties stock. The shares were sold at an average price of $30.15, for a total transaction of $4,088,701.80.
  • On Wednesday, August 12th, Alexander Otto sold 96,331 shares of Curbline Properties stock. The shares were sold at an average price of $30.06, for a total transaction of $2,895,709.86.

Curbline Properties Stock Performance

Shares of NYSE:CURB opened at $29.46 on Friday. Curbline Properties Corp. has a 52 week low of $21.93 and a 52 week high of $32.15. The stock has a market capitalization of $3.39 billion, a P/E ratio of 109.10 and a beta of 0.49. The firm has a fifty day simple moving average of $30.24 and a two-hundred day simple moving average of $28.85. 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 (NYSE:CURBGet Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.27. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The firm had revenue of $63.30 million for the quarter, compared to analysts’ expectations of $57.25 million. During the same period in the prior year, the company earned $0.26 EPS. The business’s revenue was up 52.9% compared to the same quarter last year. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, analysts expect that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CURB. UBS Group AG increased its holdings in Curbline Properties by 175.2% during the 4th quarter. UBS Group AG now owns 425,331 shares of the company’s stock worth $9,872,000 after purchasing an additional 270,800 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Curbline Properties by 5.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock worth $35,355,000 after buying an additional 74,477 shares during the period. Diamond Hill Capital Management Inc. lifted its holdings in shares of Curbline Properties by 48.7% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company’s stock worth $4,118,000 after buying an additional 58,138 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Curbline Properties during the 2nd quarter worth $2,550,000. Finally, Deutsche Bank AG bought a new position in shares of Curbline Properties during the 2nd quarter worth $62,145,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CURB shares. Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 1st. Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Citigroup increased their price target on Curbline Properties from $33.00 to $36.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Morgan Stanley restated an “equal weight” rating and issued a $30.00 price target on shares of Curbline Properties in a research report on Thursday, June 18th. Finally, Jefferies Financial Group assumed coverage on shares of Curbline Properties in a research note on Tuesday, August 25th. They set a “buy” rating and a $36.00 price objective for the company. Seven investment 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 stock presently has an average rating of “Moderate Buy” and an average target price of $32.22.

Read Our Latest Stock Report on Curbline Properties

About Curbline Properties

(Get Free Report)

Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.

See Also

Insider Buying and Selling by Quarter for Curbline Properties (NYSE:CURB)

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