Insider Selling: Curbline Properties (NYSE:CURB) Director Sells $69,171.44 in Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 2,344 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $29.51, for a total transaction of $69,171.44. Following the completion of the transaction, the director owned 6,550,914 shares in the company, valued at approximately $193,317,472.14. The trade was a 0.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

• On Monday, September 14th, Alexander Otto sold 839 shares of Curbline Properties stock. The shares were sold at an average price of $29.52, for a total transaction of $24,767.28.
• 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 transaction 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 transaction of $6,583,380.16.
• On Friday, August 28th, Alexander Otto sold 110,144 shares of Curbline Properties stock. The stock was sold at an average price of $30.11, for a total transaction of $3,316,435.84.
• On Wednesday, August 26th, Alexander Otto sold 134,868 shares of Curbline Properties stock. The shares were 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 shares were 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 stock was 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 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.

Curbline Properties Trading Down 1.8%

NYSE:CURB opened at $28.71 on Thursday. Curbline Properties Corp. has a 12-month low of $22.08 and a 12-month high of $32.15. The firm has a market capitalization of $3.30 billion, a P/E ratio of 106.35 and a beta of 0.49. 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 business has a 50 day simple moving average of $30.13 and a 200 day simple moving average of $28.88.

Curbline Properties (NYSE:CURB) last issued its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.27. The firm had revenue of $63.30 million for the quarter, compared to analyst estimates of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The firm’s revenue for the quarter was up 52.9% on a year-over-year basis. During the same period last year, the company earned $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Equities research analysts predict that Curbline Properties Corp. will post 1.25 EPS for the current year.

Curbline Properties Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Tuesday, September 29th will be issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 29th. Curbline Properties’s dividend payout ratio (DPR) is 251.85%.

Hedge Funds Weigh In On Curbline Properties

Several large investors have recently bought and sold shares of the stock. HBK Investments L P bought a new stake in shares of Curbline Properties during the 2nd quarter worth about $1,520,000. WINTON GROUP Ltd boosted its holdings in shares of Curbline Properties by 1.9% in the second quarter. WINTON GROUP Ltd now owns 219,012 shares of the company’s stock valued at $6,658,000 after acquiring an additional 4,183 shares in the last quarter. Maven Securities LTD acquired a new position in shares of Curbline Properties during the second quarter valued at approximately $2,280,000. Squarepoint Ops LLC increased its stake in shares of Curbline Properties by 422.2% during the second quarter. Squarepoint Ops LLC now owns 178,956 shares of the company’s stock valued at $5,440,000 after acquiring an additional 144,689 shares during the period. Finally, Nykredit A S bought a new stake in Curbline Properties during the second quarter worth approximately $55,000.

Wall Street Analysts Forecast Growth

Several research analysts have commented on CURB shares. Morgan Stanley restated an “equal weight” rating and issued a $30.00 target price on shares of Curbline Properties in a research report on Thursday, June 18th. Wall Street Zen upgraded Curbline Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 1st. KeyCorp increased their price objective on Curbline Properties from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 12th. Finally, Wolfe Research downgraded Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Seven research 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 company has an average rating of “Moderate Buy” and an average price target of $32.22.

Curbline Properties Company Profile

Curbline Properties Corporation (NYSE: CURB) is a self-managed real estate investment trust focused on owning and operating convenience-oriented retail properties. Its portfolio primarily consists of open-air shopping centers designed to serve everyday consumer needs and support services in established communities.

The company’s properties are generally occupied by tenants such as grocery stores, restaurants, healthcare providers, fitness operators, personal-service businesses and other necessity- and service-oriented retailers.