Curbline Properties (NYSE:CURB) Director Sells $5,249,705.16 in Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 174,293 shares of Curbline Properties stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $30.12, for a total value of $5,249,705.16. Following the completion of the transaction, the director owned 7,057,394 shares in the company, valued at approximately $212,568,707.28. This represents a 2.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• 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 transaction of $4,068,967.56.
• 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 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 shares were 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.
• 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 transaction 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 transaction 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 transaction of $4,042,839.59.

Curbline Properties Stock Up 0.6%

Shares of CURB opened at $30.04 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 $3.46 billion, a price-to-earnings ratio of 111.26 and a beta of 0.51. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.63 and a current ratio of 0.63. The stock has a fifty day moving average of $30.48 and a 200-day moving average of $28.62.

Curbline Properties (NYSE:CURB) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.27. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The business had revenue of $63.30 million for the quarter, compared to analyst estimates of $57.25 million. During the same quarter in the previous year, the company posted $0.26 EPS. Curbline Properties’s quarterly 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. As a group, sell-side analysts anticipate that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Curbline Properties

Hedge funds have recently added to or reduced their stakes in the business. Amundi lifted its stake in Curbline Properties by 2.1% in the second quarter. Amundi now owns 53,080 shares of the company’s stock valued at $1,614,000 after buying an additional 1,113 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Curbline Properties during the 2nd quarter worth approximately $2,327,000. California State Teachers Retirement System grew its position in shares of Curbline Properties by 2,858.3% during the 2nd quarter. California State Teachers Retirement System now owns 3,412,917 shares of the company’s stock worth $112,267,000 after buying an additional 3,297,550 shares during the period. Greenland Capital Management LP increased its stake in shares of Curbline Properties by 611.5% in the 2nd quarter. Greenland Capital Management LP now owns 71,150 shares of the company’s stock valued at $2,163,000 after acquiring an additional 61,150 shares in the last quarter. Finally, Nykredit A S bought a new stake in shares of Curbline Properties in the 2nd quarter valued at $55,000.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on CURB. Morgan Stanley reissued an “equal weight” rating and issued a $30.00 price objective on shares of Curbline Properties in a research note on Thursday, June 18th. Piper Sandler lowered their target price on Curbline Properties from $40.00 to $39.00 and set an “overweight” rating for the company in a research report on Thursday. Jefferies Financial Group initiated coverage on Curbline Properties in a report on Tuesday. They set a “buy” rating and a $36.00 target price on the stock. Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 1st. Finally, Weiss Ratings raised Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $31.50.

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.