Curbline Properties Corp. (NYSE:CURB – Get 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.
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.
Get Our Latest Stock Report on Curbline Properties
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.
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