Curbline Properties (NYSE:CURB) Stock: Insider Christina Yarian Sells 5,000 Shares

Curbline Properties Corp. (NYSE:CURB) CAO Christina Yarian sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The shares were sold at an average price of $29.97, for a total value of $149,850.00. Following the completion of the sale, the chief accounting officer owned 18,697 shares of the company’s stock, valued at $560,349.09. This trade represents a 21.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Curbline Properties Price Performance

Shares of CURB traded down $0.19 during trading hours on Friday, hitting $29.34. 1,958,086 shares of the stock were exchanged, compared to its average volume of 1,133,413. The stock’s 50-day moving average price is $28.43 and its two-hundred day moving average price is $28.27. Curbline Properties Corp. has a 12-month low of $22.33 and a 12-month high of $32.15. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.51 and a current ratio of 0.51. The company has a market cap of $3.56 billion, a price-to-earnings ratio of 122.26 and a beta of 0.51.

Curbline Properties (NYSE:CURB) last announced its quarterly earnings data on Thursday, October 22nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Curbline Properties had a return on equity of 1.34% and a net margin of 11.13%. The company had revenue of $71.10 million for the quarter, compared to analysts’ expectations of $66.53 million. During the same quarter in the previous year, the business posted $0.09 EPS. The business’s quarterly revenue was up 46.3% compared to the same quarter last year. Research analysts expect that Curbline Properties Corp. will post 1.26 earnings per share for the current year.

Curbline Properties Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 29th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, September 29th. Curbline Properties’s dividend payout ratio (DPR) is 283.33%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Truist Financial boosted their price objective on Curbline Properties from $33.00 to $34.00 and gave the company a “buy” rating in a report on Monday. Piper Sandler lowered their target price on Curbline Properties from $39.00 to $38.00 and set an “overweight” rating for the company in a report on Monday, October 12th. Wall Street Zen cut Curbline Properties from a “sell” rating to a “strong sell” rating in a report on Saturday, October 24th. Jefferies Financial Group started coverage on Curbline Properties in a research report on Tuesday, August 25th. They issued a “buy” rating and a $36.00 target price for the company. Finally, Citigroup boosted their price target on shares of Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.44.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CURB. Rockefeller Capital Management L.P. grew its holdings in shares of Curbline Properties by 125.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock worth $27,000 after purchasing an additional 654 shares during the last quarter. Nykredit A S purchased a new stake in shares of Curbline Properties in the 2nd quarter valued at about $55,000. Sanctuary Advisors LLC purchased a new stake in shares of Curbline Properties in the 1st quarter valued at about $224,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Curbline Properties in the 1st quarter valued at about $243,000. Finally, ZWJ Investment Counsel Inc. boosted its position in shares of Curbline Properties by 25.7% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 8,750 shares of the company’s stock valued at $244,000 after purchasing an additional 1,787 shares during the period.

Curbline Properties Company Profile

Curbline Properties Corp. is a real estate investment trust focused on owning and operating convenience-oriented retail properties. Its portfolio is designed to serve everyday consumer needs and generally includes open-air shopping centers, neighborhood retail centers and other properties occupied by service providers, grocery-related businesses and other necessity-based tenants.

The company primarily targets well-located properties in suburban communities across the United States. Curbline emphasizes assets in high-traffic areas that are convenient for nearby residents and supported by recurring local demand.