Curbline Properties Corp. (NYSE:CURB - Get Free Report) Director Alexander Otto sold 110,144 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $30.11, for a total transaction of $3,316,435.84. Following the completion of the sale, the director owned 6,811,882 shares in the company, valued at $205,105,767.02. This represents a 1.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 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 value 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 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 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 value of $275,556.92.
- On Friday, August 14th, Alexander Otto sold 136,226 shares of Curbline Properties stock. The shares were 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 value 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.
Curbline Properties Price Performance
Curbline Properties stock opened at $29.65 on Wednesday. The stock has a market capitalization of $3.41 billion, a P/E ratio of 109.83 and a beta of 0.49. Curbline Properties Corp. has a 12-month low of $21.93 and a 12-month 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's 50-day moving average is $30.27 and its two-hundred day moving average is $28.82.
Curbline Properties (NYSE:CURB - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $63.30 million during the quarter, compared to analyst estimates of $57.25 million. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The company's revenue was up 52.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. Equities analysts predict that Curbline Properties Corp. will post 1.25 earnings per share for the current year.
Hedge Funds Weigh In On Curbline Properties
Hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada increased its position 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 position in Curbline Properties by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,529 shares of the company's stock valued at $1,367,000 after buying an additional 2,483 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Curbline Properties by 11.9% during the first quarter. Goldman Sachs Group Inc. now owns 727,420 shares of the company's stock valued at $17,596,000 after buying an additional 77,322 shares in the last quarter. Jane Street Group LLC purchased a new stake in Curbline Properties during the first quarter worth 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 worth $1,257,000 after buying an additional 19,204 shares during the period.
Analyst Upgrades and Downgrades
CURB has been the topic of a number of recent analyst reports. Wall Street Zen raised Curbline Properties from a "strong sell" rating to a "sell" rating in a research note on Saturday, August 1st. Piper Sandler lowered their price objective on Curbline Properties from $40.00 to $39.00 and set an "overweight" rating for the company in a research report on Thursday, August 27th. Jefferies Financial Group assumed coverage on Curbline Properties in a research report on Tuesday, August 25th. They set a "buy" rating and a $36.00 target price on the stock. Citigroup raised their price target on Curbline Properties from $33.00 to $36.00 and gave the stock a "buy" rating in a research note on Monday, August 3rd. Finally, Weiss Ratings upgraded Curbline Properties from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, August 12th. Seven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $32.22.
Check Out Our Latest Analysis on CURB
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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