Key Points
- Director Alexander Otto sold 32,927 Curbline Properties shares at an average price of $30.02, generating approximately $988,469. He still directly owns 7.23 million shares valued at about $217.1 million, following a broader series of recent sales.
- Curbline Properties shares opened at $29.50, down 1.6%, with a $3.39 billion market capitalization. The stock has traded between $21.93 and $32.15 over the past year.
- The company beat quarterly earnings and revenue expectations, reporting $0.31 in EPS and $63.3 million in revenue, while analysts maintain a “Moderate Buy” consensus with an average price target of $31.11.
Curbline Properties Corp. (NYSE:CURB - Get Free Report) Director Alexander Otto sold 1,206 shares of the business's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $30.10, for a total transaction of $36,300.60. Following the sale, the director directly owned 7,231,687 shares in the company, valued at approximately $217,673,778.70. The trade was a 0.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Alexander Otto also recently made the following trade(s):
- On Tuesday, August 18th, Alexander Otto sold 32,927 shares of Curbline Properties stock. The shares were sold at an average price of $30.02, for a total value 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 transaction of $2,895,709.86.
- On Friday, August 7th, Alexander Otto sold 20,475 shares of Curbline Properties stock. The stock was 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 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.
- On Tuesday, August 4th, Alexander Otto sold 38,788 shares of Curbline Properties stock. The shares were sold at an average price of $30.17, for a total transaction of $1,170,233.96.
Curbline Properties Trading Down 1.6%
NYSE:CURB opened at $29.50 on Friday. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 109.26 and a beta of 0.51. The firm has a fifty day simple moving average of $30.52 and a two-hundred day simple moving average of $28.44. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.17. Curbline Properties Corp. has a 12 month low of $21.93 and a 12 month high of $32.15.
Curbline Properties (NYSE:CURB - Get Free Report) last issued its earnings results on Tuesday, July 28th. The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.27. The business had revenue of $63.30 million during the quarter, compared to analyst estimates of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The firm's revenue was up 52.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. 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 a number of analyst reports. Citigroup lifted their price objective on shares of Curbline Properties from $33.00 to $36.00 and gave the company a "buy" rating in a report on Monday, August 3rd. Wolfe Research cut Curbline Properties from an "outperform" rating to a "peer perform" rating in a research report on Monday, June 15th. JPMorgan Chase & Co. raised their price objective on Curbline Properties from $30.00 to $31.00 and gave the company an "overweight" rating in a research note on Monday, May 4th. Piper Sandler raised their price target on shares of Curbline Properties from $39.00 to $40.00 and gave the company an "overweight" rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings raised shares of Curbline Properties from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, August 12th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $31.11.
View Our Latest Research Report on Curbline Properties
Institutional Investors Weigh In On Curbline Properties
Hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in Curbline Properties by 43.7% during the 1st quarter. Royal Bank of Canada now owns 17,595 shares of the company's stock worth $425,000 after purchasing an additional 5,351 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Curbline Properties by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,529 shares of the company's stock worth $1,367,000 after buying an additional 2,483 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Curbline Properties by 11.9% in the first quarter. Goldman Sachs Group Inc. now owns 727,420 shares of the company's stock valued at $17,596,000 after acquiring an additional 77,322 shares during the period. Jane Street Group LLC bought a new position in shares of Curbline Properties in the first quarter valued at approximately $4,025,000. Finally, Intech Investment Management LLC grew its stake in Curbline Properties by 58.6% during the first quarter. Intech Investment Management LLC now owns 51,984 shares of the company's stock valued at $1,257,000 after acquiring an additional 19,204 shares in the last quarter.
Curbline Properties Company Profile
(
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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