Curbline Properties Corp. (NYSE:CURB - Get Free Report) Director Alexander Otto sold 9,173 shares of the business's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $30.04, for a total value of $275,556.92. Following the completion of the sale, the director directly owned 7,265,820 shares in the company, valued at $218,265,232.80. This trade represents a 0.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Alexander Otto also recently made the following trade(s):
- 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.
- 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 stock was 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 transaction 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 transaction 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 transaction of $4,042,839.59.
- On Tuesday, August 4th, Alexander Otto sold 38,788 shares of Curbline Properties stock. The stock was sold at an average price of $30.17, for a total transaction of $1,170,233.96.
Curbline Properties Trading Up 0.0%
NYSE:CURB opened at $30.00 on Wednesday. The company's 50 day moving average price is $30.53 and its 200-day moving average price is $28.36. Curbline Properties Corp. has a 52 week low of $21.93 and a 52 week high of $32.15. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 111.10 and a beta of 0.51.
Curbline Properties (NYSE:CURB - Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.27. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The company had revenue of $63.30 million during the quarter, compared to the consensus estimate of $57.25 million. During the same quarter last year, the firm earned $0.26 earnings per share. The firm's quarterly revenue 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. On average, equities research analysts forecast that Curbline Properties Corp. will post 1.26 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the company. KeyCorp upped their price target on Curbline Properties from $32.00 to $34.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Weiss Ratings raised Curbline Properties from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, August 12th. Piper Sandler upped their target price on shares of Curbline Properties from $39.00 to $40.00 and gave the company an "overweight" rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. raised their price target on shares of Curbline Properties from $30.00 to $31.00 and gave the company an "overweight" rating in a report on Monday, May 4th. Finally, Morgan Stanley reiterated an "equal weight" rating and issued a $30.00 price target on shares of Curbline Properties in a research note on Thursday, June 18th. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, Curbline Properties currently has a consensus rating of "Moderate Buy" and an average target price of $31.11.
Check Out Our Latest Research Report on CURB
Hedge Funds Weigh In On Curbline Properties
Institutional investors and hedge funds have recently modified their holdings of the company. Rockefeller Capital Management L.P. increased its position in Curbline Properties by 125.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company's stock valued at $27,000 after acquiring an additional 654 shares during the last quarter. Parallel Advisors LLC boosted its position in Curbline Properties by 393.7% in the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company's stock worth $45,000 after purchasing an additional 1,626 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in Curbline Properties by 33.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company's stock worth $64,000 after purchasing an additional 694 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its stake in shares of Curbline Properties by 25.9% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company's stock valued at $189,000 after purchasing an additional 1,672 shares during the period. Finally, BNP Paribas Financial Markets grew its stake in shares of Curbline Properties by 28.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company's stock valued at $215,000 after purchasing an additional 2,091 shares during the period.
About Curbline Properties
(
Get Free Report)
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.
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