Curbline Properties Corp. (NYSE:CURB – Get 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.
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
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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