Insider Selling: Curbline Properties (NYSE:CURB) Director Sells $988,468.54 in Stock

Curbline Properties Corp. (NYSE:CURBGet Free Report) Director Alexander Otto sold 32,927 shares of Curbline Properties stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $30.02, for a total transaction of $988,468.54. Following the completion of the sale, the director owned 7,232,893 shares of the company’s stock, valued at $217,131,447.86. This trade represents a 0.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed 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 shares were sold at an average price of $30.10, for a total value of $36,300.60.
  • 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 value 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 value of $4,120,836.50.
  • On Thursday, August 13th, Alexander Otto sold 135,612 shares of Curbline Properties stock. The stock was 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 shares were 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 shares were 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 stock was 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 stock was sold at an average price of $30.11, for a total value 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 value of $1,170,233.96.

Curbline Properties Stock Performance

NYSE CURB opened at $29.47 on Friday. The company has a market cap of $3.39 billion, a P/E ratio of 109.15 and a beta of 0.51. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a 50-day moving average of $30.49 and a two-hundred day moving average of $28.44. Curbline Properties Corp. has a 1-year low of $21.93 and a 1-year high of $32.15.

Curbline Properties (NYSE:CURBGet Free Report) last issued its quarterly earnings results 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. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The business had revenue of $63.30 million for the quarter, compared to analysts’ expectations of $57.25 million. During the same quarter in the prior year, the company earned $0.26 earnings per share. The business’s quarterly revenue was up 52.9% on a year-over-year basis. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, analysts anticipate that Curbline Properties Corp. will post 1.26 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. UBS Group AG raised its stake in Curbline Properties by 175.2% in the fourth quarter. UBS Group AG now owns 425,331 shares of the company’s stock valued at $9,872,000 after buying an additional 270,800 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Curbline Properties by 5.1% during 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 last quarter. Principal Financial Group Inc. lifted its holdings in Curbline Properties by 426.5% during the 4th quarter. Principal Financial Group Inc. now owns 2,461,156 shares of the company’s stock worth $57,123,000 after buying an additional 1,993,711 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its position in shares of Curbline Properties by 48.7% during the 4th quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company’s stock worth $4,118,000 after acquiring an additional 58,138 shares in the last quarter. Finally, First Trust Advisors LP boosted its position in shares of Curbline Properties by 410.6% during the 1st quarter. First Trust Advisors LP now owns 308,144 shares of the company’s stock worth $7,947,000 after acquiring an additional 247,797 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CURB. Weiss Ratings raised shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. KeyCorp increased their price objective on Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. JPMorgan Chase & Co. boosted their target price on Curbline Properties from $30.00 to $31.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Finally, Morgan Stanley restated an “equal weight” rating and set a $30.00 price target on shares of Curbline Properties in a report on Thursday, June 18th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $31.11.

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About Curbline Properties

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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.

Further Reading

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

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