Alexander Otto Sells 839 Shares of Curbline Properties (NYSE:CURB) Stock

Key Points

  • Director Alexander Otto sold 839 Curbline Properties shares at an average price of $29.52, generating $24,767.28. He retained 6,550,075 shares valued at approximately $193.4 million.
  • Otto has made several additional sales in recent weeks, including 221,812 shares on September 8 and 33,112 shares on September 9, representing millions of dollars in total proceeds.
  • Curbline reported quarterly EPS of $0.31, exceeding the $0.04 analyst consensus, while revenue rose 52.9% year over year to $63.3 million. Analysts maintain a “Moderate Buy” consensus with an average price target of $32.22, and the company declared a quarterly dividend of $0.17 per share.

Curbline Properties Corp. (NYSE:CURB - Get Free Report) Director Alexander Otto sold 839 shares of the company's stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $29.52, for a total value of $24,767.28. Following the sale, the director 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 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 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 transaction 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 transaction of $979,784.08.
  • 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 shares were 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 shares were 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 stock was 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 shares were 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 shares were sold at an average price of $30.25, for a total value of $4,120,836.50.

Curbline Properties Stock Performance




NYSE CURB opened at $28.71 on Thursday. The business's 50-day moving average price is $30.13 and its 200 day moving average price is $28.88. 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 twelve month low of $22.08 and a twelve month high of $32.15. The company has a market capitalization of $3.30 billion, a PE ratio of 106.35 and a beta of 0.49.

Curbline Properties (NYSE:CURB - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.27. The company had revenue of $63.30 million during the quarter, compared to the consensus estimate of $57.25 million. Curbline Properties had a net margin of 13.10% and a return on equity of 1.50%. The company's quarterly revenue was up 52.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.26 EPS. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, research analysts predict that Curbline Properties Corp. will post 1.25 earnings per share for the current year.

Curbline Properties Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Tuesday, September 29th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 29th. Curbline Properties's payout ratio is 251.85%.

Institutional Investors Weigh In On Curbline Properties

Several institutional investors have recently bought and sold shares of the stock. Nissay Asset Management Corp Japan raised its holdings in Curbline Properties by 2.9% in the second quarter. Nissay Asset Management Corp Japan now owns 15,466 shares of the company's stock worth $470,000 after purchasing an additional 433 shares during the period. ProShare Advisors LLC grew its holdings in shares of Curbline Properties by 3.2% in the 4th quarter. ProShare Advisors LLC now owns 18,930 shares of the company's stock valued at $439,000 after buying an additional 592 shares during the period. Rockefeller Capital Management L.P. grew its holdings in shares of Curbline Properties by 125.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company's stock valued at $27,000 after buying an additional 654 shares during the period. GSI Capital Advisors LLC grew its holdings in shares of Curbline Properties by 0.5% in the 4th quarter. GSI Capital Advisors LLC now owns 158,081 shares of the company's stock valued at $3,669,000 after buying an additional 750 shares during the period. Finally, Amundi increased its position in shares of Curbline Properties by 2.1% in the 2nd quarter. Amundi now owns 53,080 shares of the company's stock valued at $1,614,000 after buying an additional 1,113 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on CURB shares. Jefferies Financial Group began coverage on shares of Curbline Properties in a report on Tuesday, August 25th. They set a "buy" rating and a $36.00 target price on the stock. KeyCorp increased 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. Wolfe Research lowered Curbline Properties from an "outperform" rating to a "peer perform" rating in a research report on Monday, June 15th. Citigroup boosted their price objective 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, Wall Street Zen raised Curbline Properties from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 1st. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $32.22.

View Our Latest Research Report on CURB

About Curbline Properties

(Get Free Report)

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.

See Also

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