Fisher Asset Management LLC Has $3.30 Million Holdings in National Storage Affiliates Trust (NYSE:NSA)

Fisher Asset Management LLC raised its stake in shares of National Storage Affiliates Trust (NYSE:NSA) by 9.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,211 shares of the real estate investment trust’s stock after buying an additional 12,040 shares during the quarter. Fisher Asset Management LLC owned about 0.31% of National Storage Affiliates Trust worth $3,302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Phocas Financial Corp. boosted its stake in National Storage Affiliates Trust by 4.5% during the second quarter. Phocas Financial Corp. now owns 482,991 shares of the real estate investment trust’s stock worth $11,162,000 after buying an additional 20,925 shares during the period. Public Employees Retirement System of Ohio boosted its stake in National Storage Affiliates Trust by 3.4% during the second quarter. Public Employees Retirement System of Ohio now owns 48,940 shares of the real estate investment trust’s stock worth $1,131,000 after buying an additional 1,624 shares during the period. Piedmont Investment Advisors LLC purchased a new position in National Storage Affiliates Trust during the second quarter worth $221,000. The Manufacturers Life Insurance Company lifted its position in shares of National Storage Affiliates Trust by 21.3% during the second quarter. The Manufacturers Life Insurance Company now owns 33,934 shares of the real estate investment trust’s stock worth $785,000 after purchasing an additional 5,953 shares during the last quarter. Finally, Cubist Systematic Strategies LLC lifted its position in shares of National Storage Affiliates Trust by 290.3% during the second quarter. Cubist Systematic Strategies LLC now owns 40,440 shares of the real estate investment trust’s stock worth $935,000 after purchasing an additional 30,078 shares during the last quarter. 96.99% of the stock is owned by institutional investors and hedge funds.

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Shares of National Storage Affiliates Trust (NYSE:NSA) traded up $0.28 during midday trading on Tuesday, reaching $26.13. The company had a trading volume of 467,800 shares, compared to its average volume of 404,407. National Storage Affiliates Trust has a 52-week low of $19.37 and a 52-week high of $26.50. The stock has a market capitalization of $1,160.00 and a price-to-earnings ratio of 21.02. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 1.12.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 4.29%. This is an increase from National Storage Affiliates Trust’s previous quarterly dividend of $0.26. The ex-dividend date is Thursday, December 14th. National Storage Affiliates Trust’s dividend payout ratio is presently 547.37%.

Several analysts have recently weighed in on NSA shares. B. Riley reiterated a “neutral” rating and set a $23.00 target price on shares of National Storage Affiliates Trust in a research report on Tuesday, November 7th. Jefferies Group LLC decreased their price objective on National Storage Affiliates Trust from $28.00 to $27.00 and set a “buy” rating for the company in a report on Friday, August 18th. FBR & Co set a $23.00 price objective on National Storage Affiliates Trust and gave the company a “hold” rating in a report on Wednesday, October 4th. Zacks Investment Research downgraded shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Finally, KeyCorp reiterated a “hold” rating on shares of National Storage Affiliates Trust in a report on Friday, August 25th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. National Storage Affiliates Trust has a consensus rating of “Hold” and an average target price of $24.40.

National Storage Affiliates Trust Profile

National Storage Affiliates Trust is an integrated, self-administered and self-managed real estate investment trust. The Company is focused on the ownership, operation and acquisition of self-storage properties located within various metropolitan statistical areas (MSAs) across the United States. The Company’s operating partnership subsidiary is NSA OP, LP.

Institutional Ownership by Quarter for National Storage Affiliates Trust (NYSE:NSA)

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