Key Points
- Director Alexander Otto sold 221,812 Curbline Properties shares at an average price of $29.68, generating $6.58 million and reducing his ownership by 3.26% to 6.59 million shares.
- Otto has made multiple additional sales since mid-August, indicating a broader pattern of insider selling; the latest transaction was disclosed in an SEC filing.
- Curbline shares opened at $29.46, while analysts maintain a “Moderate Buy” consensus with an average price target of $32.22. The company recently beat quarterly earnings and revenue estimates and reported 52.9% year-over-year revenue growth.
Curbline Properties Corp. (NYSE:CURB - Get Free Report) Director Alexander Otto sold 33,112 shares of the stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $29.59, for a total value of $979,784.08. Following the completion of the sale, the director owned 6,553,258 shares of the company's stock, valued at $193,910,904.22. This trade represents a 0.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
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 value 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 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 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 shares were sold at an average price of $30.06, for a total value of $2,895,709.86.
Curbline Properties Trading Up 0.5%
NYSE CURB opened at $29.46 on Friday. Curbline Properties Corp. has a 52 week low of $21.93 and a 52 week high of $32.15. 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 stock's 50 day moving average price is $30.24 and its two-hundred day moving average price is $28.85. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 109.10 and a beta of 0.49.
Curbline Properties (NYSE:CURB - Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.27. The company had revenue of $63.30 million during the quarter, compared to analysts' expectations of $57.25 million. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The business's quarterly revenue was up 52.9% on a year-over-year basis. During the same period last year, the business earned $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. As a group, analysts anticipate that Curbline Properties Corp. will post 1.25 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of research analysts recently weighed in on CURB shares. Wall Street Zen raised shares of Curbline Properties from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 1st. Piper Sandler cut their price target 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. Wolfe Research downgraded shares of Curbline Properties from an "outperform" rating to a "peer perform" rating in a research note on Monday, June 15th. KeyCorp increased their price objective on shares of Curbline Properties from $32.00 to $34.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 29th. Finally, Citigroup raised their price objective on Curbline Properties from $33.00 to $36.00 and gave the company a "buy" rating in a report on Monday, August 3rd. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Curbline Properties currently has a consensus rating of "Moderate Buy" and an average price target of $32.22.
View Our Latest Report on CURB
Institutional Investors Weigh In On Curbline Properties
Several large investors have recently made changes to their positions in CURB. WINTON GROUP Ltd grew its stake in shares of Curbline Properties by 1.9% in the second quarter. WINTON GROUP Ltd now owns 219,012 shares of the company's stock valued at $6,658,000 after buying an additional 4,183 shares in the last quarter. Maven Securities LTD acquired a new position in Curbline Properties during the second quarter worth $2,280,000. Squarepoint Ops LLC raised its position in Curbline Properties by 422.2% during the second quarter. Squarepoint Ops LLC now owns 178,956 shares of the company's stock worth $5,440,000 after acquiring an additional 144,689 shares in the last quarter. Nykredit A S bought a new stake in Curbline Properties during the second quarter worth $55,000. Finally, Amundi raised its position in Curbline Properties by 2.1% during the second quarter. Amundi now owns 53,080 shares of the company's stock worth $1,614,000 after acquiring an additional 1,113 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.
Further Reading
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