Curbline Properties Corp. (NYSE:CURB – Get Free Report) Director Alexander Otto sold 839 shares of the business’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $29.52, for a total transaction of $24,767.28. Following the completion of the transaction, the director directly owned 6,550,075 shares of the company’s stock, valued at $193,358,214. This trade represents a 0.01% decrease in their position. The sale 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 Thursday, September 10th, Alexander Otto sold 2,344 shares of Curbline Properties stock. The shares were sold at an average price of $29.51, for a total value of $69,171.44.
- On Wednesday, September 9th, Alexander Otto sold 33,112 shares of Curbline Properties stock. The stock was 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 shares were sold at an average price of $29.68, for a total value 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 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 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 shares were 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 Stock Down 1.8%
CURB stock traded down $0.53 during mid-day trading on Wednesday, reaching $28.71. The company had a trading volume of 1,102,900 shares, compared to its average volume of 1,045,379. The company has a market capitalization of $3.30 billion, a price-to-earnings ratio of 106.35 and a beta of 0.49. Curbline Properties Corp. has a 52 week low of $22.08 and a 52 week high of $32.15. The stock has a 50 day simple moving average of $30.17 and a two-hundred day simple moving average of $28.88. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.63 and a quick ratio of 0.63.
Analysts Set New Price Targets
CURB has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Curbline Properties from a “strong sell” rating to a “sell” rating in a report on Saturday, August 1st. Jefferies Financial Group initiated coverage on Curbline Properties in a research note on Tuesday, August 25th. They issued a “buy” rating and a $36.00 price objective on the stock. Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, August 12th. Piper Sandler dropped their price target on Curbline Properties from $40.00 to $39.00 and set an “overweight” rating on the stock in a research note on Thursday, August 27th. Finally, KeyCorp upped their price objective on shares of Curbline Properties from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Seven analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Curbline Properties has a consensus rating of “Moderate Buy” and an average target price of $32.22.
View Our Latest Stock Report on CURB
Hedge Funds Weigh In On Curbline Properties
Institutional investors and hedge funds have recently modified their holdings of the business. WINTON GROUP Ltd raised its stake in Curbline Properties by 1.9% in the 2nd quarter. WINTON GROUP Ltd now owns 219,012 shares of the company’s stock worth $6,658,000 after purchasing an additional 4,183 shares in the last quarter. Maven Securities LTD bought a new position in shares of Curbline Properties during the second quarter worth approximately $2,280,000. Squarepoint Ops LLC raised its position in shares of Curbline Properties by 422.2% in the second quarter. Squarepoint Ops LLC now owns 178,956 shares of the company’s stock valued at $5,440,000 after buying an additional 144,689 shares in the last quarter. Nykredit A S bought a new stake in shares of Curbline Properties in the second quarter valued at approximately $55,000. Finally, Amundi boosted its stake in shares of Curbline Properties by 2.1% in the second quarter. Amundi now owns 53,080 shares of the company’s stock valued at $1,614,000 after buying an additional 1,113 shares during the period.
About Curbline Properties
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.
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