Insider Selling: Curbline Properties (NYSE:CURB) Director Sells $4,120,836.50 in Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 136,226 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $30.25, for a total transaction of $4,120,836.50. Following the sale, the director owned 7,274,993 shares of the company’s stock, valued at $220,068,538.25. The trade was a 1.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Wednesday, August 19th, Alexander Otto sold 1,206 shares of Curbline Properties stock. The stock was 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 value of $988,468.54.
• On Monday, August 17th, Alexander Otto sold 9,173 shares of Curbline Properties stock. The shares were sold at an average price of $30.04, for a total value of $275,556.92.
• 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 value of $4,088,701.80.
• On Wednesday, August 12th, Alexander Otto sold 96,331 shares of Curbline Properties stock. The stock was sold at an average price of $30.06, for a total value of $2,895,709.86.
• On Friday, August 7th, Alexander Otto sold 20,475 shares of Curbline Properties stock. The stock was sold at an average price of $29.76, for a total value of $609,336.00.
• On Thursday, August 6th, Alexander Otto sold 109,366 shares of Curbline Properties stock. The shares were sold at an average price of $29.79, for a total value of $3,258,013.14.
• On Wednesday, August 5th, Alexander Otto sold 134,269 shares of Curbline Properties stock. The shares were sold at an average price of $30.11, for a total transaction of $4,042,839.59.
• On Tuesday, August 4th, Alexander Otto sold 38,788 shares of Curbline Properties stock. The shares were sold at an average price of $30.17, for a total transaction of $1,170,233.96.

Curbline Properties Stock Down 1.6%

Curbline Properties stock opened at $29.50 on Friday. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of 109.26 and a beta of 0.51. The company’s 50 day simple moving average is $30.52 and its 200 day simple moving average is $28.44. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63. Curbline Properties Corp. has a fifty-two week low of $21.93 and a fifty-two week high of $32.15.

Curbline Properties (NYSE:CURB) last issued its earnings results on Tuesday, July 28th. The company reported $0.31 EPS for the quarter, beating 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 net margin of 13.10% and a return on equity of 1.50%. The business’s quarterly revenue was up 52.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, sell-side analysts anticipate that Curbline Properties Corp. will post 1.26 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Wolfe Research downgraded Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. KeyCorp lifted their target price on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Piper Sandler boosted their target price on Curbline Properties from $39.00 to $40.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Citigroup increased their price target on Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Finally, Weiss Ratings raised Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Curbline Properties has an average rating of “Moderate Buy” and an average price target of $31.11.

Institutional Investors Weigh In On Curbline Properties

Several large investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in Curbline Properties in the 2nd quarter valued at $531,338,000. T. Rowe Price Investment Management Inc. raised its stake in shares of Curbline Properties by 21.6% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock valued at $309,687,000 after purchasing an additional 2,365,894 shares during the period. State Street Corp raised its stake in shares of Curbline Properties by 1.9% in the 2nd quarter. State Street Corp now owns 5,515,437 shares of the company’s stock valued at $126,772,000 after purchasing an additional 101,813 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of 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 purchasing an additional 2,714,859 shares in the last quarter. Finally, Alyeska Investment Group L.P. lifted its holdings in shares of 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 purchasing an additional 1,155,731 shares in the last quarter.

About Curbline Properties

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.