Alexander Otto Sells 33,112 Shares of Curbline Properties (NYSE:CURB) Stock

Curbline Properties Corp. (NYSE:CURB) Director Alexander Otto sold 33,112 shares of Curbline Properties stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $29.59, for a total transaction of $979,784.08. Following the completion of the transaction, the director directly owned 6,553,258 shares of the company’s stock, valued at approximately $193,910,904.22. This represents a 0.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• 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 stock was sold at an average price of $30.17, for a total transaction 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 transaction 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 transaction 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 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 value 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 value of $2,895,709.86.

Curbline Properties Stock Performance

Shares of Curbline Properties stock traded up $0.15 on Thursday, reaching $29.46. 1,359,761 shares of the company were exchanged, compared to its average volume of 1,039,859. 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 company’s 50-day moving average is $30.26 and its two-hundred day moving average is $28.84. The firm has a market cap of $3.39 billion, a price-to-earnings ratio of 109.10 and a beta of 0.49. Curbline Properties Corp. has a 1-year low of $21.93 and a 1-year high of $32.15.

Curbline Properties (NYSE:CURB) last released its quarterly earnings data on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $57.25 million. During the same quarter in the previous year, the firm posted $0.26 EPS. The business’s revenue for the quarter 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, research analysts expect that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on CURB shares. Weiss Ratings raised shares of Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, August 12th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $30.00 price objective on shares of Curbline Properties in a report on Thursday, June 18th. Piper Sandler cut their price objective on shares of Curbline Properties from $40.00 to $39.00 and set an “overweight” rating on the stock in a research report on Thursday, August 27th. Citigroup upped their target price on shares of Curbline Properties from $33.00 to $36.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Finally, 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. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $32.22.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. UBS Group AG increased its position in shares of Curbline Properties by 175.2% during the 4th quarter. UBS Group AG now owns 425,331 shares of the company’s stock valued at $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 fourth quarter. Charles Schwab Investment Management Inc. now owns 1,523,270 shares of the company’s stock valued at $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 fourth quarter. Diamond Hill Capital Management Inc. now owns 177,437 shares of the company’s stock valued at $4,118,000 after buying an additional 58,138 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Curbline Properties during the second quarter valued at about $2,550,000. Finally, Deutsche Bank AG bought a new position in Curbline Properties during the second quarter valued at about $62,145,000.

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.