Curbline Properties (NYSE:CURB) Director Alexander Otto Sells 174,293 Shares of Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 174,293 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $30.12, for a total transaction 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 trade represents a 2.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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 value of $4,068,967.56.
• On Wednesday, August 19th, Alexander Otto sold 1,206 shares of Curbline Properties stock. The stock was 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 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 stock was 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 value of $609,336.00.
• On Thursday, August 6th, Alexander Otto sold 109,366 shares of Curbline Properties stock. The shares were 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.

Curbline Properties Price Performance

Curbline Properties stock opened at $29.90 on Friday. The stock’s fifty day moving average price is $30.47 and its two-hundred day moving average price is $28.61. Curbline Properties Corp. has a one year low of $21.93 and a one year high of $32.15. 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 firm has a market cap of $3.44 billion, a PE ratio of 110.75 and a beta of 0.51.

Curbline Properties (NYSE:CURB) last released its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.27. The firm had revenue of $63.30 million during the quarter, compared to the consensus estimate of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The company’s revenue was up 52.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, research analysts expect that Curbline Properties Corp. will post 1.26 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CURB has been the subject of several recent analyst reports. Wolfe Research cut Curbline Properties from an “outperform” rating to a “peer perform” rating in a research note on Monday, June 15th. Jefferies Financial Group started coverage on shares of Curbline Properties in a research report on Tuesday. They set a “buy” rating and a $36.00 price objective for the company. Wall Street Zen upgraded shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 1st. Citigroup boosted their target price 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. Finally, Piper Sandler lowered their price target on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating for the company in a report on Thursday. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $31.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CURB. BlackRock Inc. acquired a new stake in Curbline Properties during the 2nd quarter worth approximately $531,338,000. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Curbline Properties by 21.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 13,342,821 shares of the company’s stock worth $309,687,000 after purchasing an additional 2,365,894 shares during the period. State Street Corp lifted its holdings in shares of Curbline Properties by 1.9% during the second quarter. State Street Corp now owns 5,515,437 shares of the company’s stock worth $126,772,000 after purchasing an additional 101,813 shares during the period. Principal Financial Group Inc. grew its stake in shares of Curbline Properties by 110.3% in the first quarter. Principal Financial Group Inc. now owns 5,176,015 shares of the company’s stock worth $133,489,000 after purchasing an additional 2,714,859 shares during the last quarter. Finally, Alyeska Investment Group L.P. grew its stake in shares of Curbline Properties by 50.2% in the second quarter. Alyeska Investment Group L.P. now owns 3,457,221 shares of the company’s stock worth $105,100,000 after purchasing an additional 1,155,731 shares during the last quarter.

Curbline Properties News Roundup

Here are the key news stories impacting Curbline Properties this week:

• Positive Sentiment: Piper Sandler maintained an “overweight” rating while trimming its price target from $40 to $39. The new target still implies approximately 30% upside from the referenced $29.90 share price. Piper Sandler price target update
• Positive Sentiment: Jefferies initiated coverage with a “buy” rating and a $36 price target, implying roughly 20% upside. New analyst coverage can improve visibility and reinforce the investment case. Jefferies coverage initiation
• Positive Sentiment: Curbline was upgraded to Zacks Rank #2 (Buy), reflecting greater optimism about its earnings outlook. The company’s latest reported quarter also showed revenue growth of 52.9% year over year and earnings well above consensus. Zacks Curbline rating upgrade
• Neutral Sentiment: Brokerage data places Curbline’s average price target at $31.11, modestly above the referenced trading level, indicating some potential upside but less bullishness than the newest individual analyst targets. Curbline average price target
• Negative Sentiment: Director Alexander Otto sold 134,868 shares for approximately $4.07 million on August 26, following a sale of 174,293 shares worth about $5.25 million on August 25. The combined sale of 309,161 shares reduced his holdings by roughly 4.3%, although he still owns about 6.9 million shares. SEC insider ownership filing

Curbline Properties Company Profile

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.