8,219 Shares in National Storage Affiliates Trust (NYSE:NSA) Bought by Rothschild Investment Corp IL

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Rothschild Investment Corp IL bought a new position in shares of National Storage Affiliates Trust (NYSE:NSA) during the fourth quarter, Holdings Channel reports. The fund bought 8,219 shares of the real estate investment trust’s stock, valued at approximately $276,000.

Several other institutional investors also recently made changes to their positions in NSA. Pictet Asset Management Ltd. lifted its holdings in shares of National Storage Affiliates Trust by 17.8% in the third quarter. Pictet Asset Management Ltd. now owns 11,900 shares of the real estate investment trust’s stock valued at $397,000 after purchasing an additional 1,800 shares in the last quarter. California State Teachers Retirement System increased its holdings in shares of National Storage Affiliates Trust by 5.5% during the 3rd quarter. California State Teachers Retirement System now owns 92,486 shares of the real estate investment trust’s stock valued at $3,086,000 after acquiring an additional 4,825 shares during the last quarter. New York State Teachers Retirement System raised its stake in shares of National Storage Affiliates Trust by 23.6% in the 3rd quarter. New York State Teachers Retirement System now owns 48,692 shares of the real estate investment trust’s stock valued at $1,625,000 after acquiring an additional 9,300 shares in the last quarter. Forward Management LLC raised its stake in shares of National Storage Affiliates Trust by 7.5% in the 3rd quarter. Forward Management LLC now owns 21,540 shares of the real estate investment trust’s stock valued at $718,000 after acquiring an additional 1,500 shares in the last quarter. Finally, Barclays PLC raised its stake in shares of National Storage Affiliates Trust by 14.6% in the 3rd quarter. Barclays PLC now owns 220,894 shares of the real estate investment trust’s stock valued at $7,371,000 after acquiring an additional 28,200 shares in the last quarter. 92.91% of the stock is currently owned by institutional investors.

NSA has been the subject of a number of recent analyst reports. Wells Fargo & Co reaffirmed a “buy” rating on shares of National Storage Affiliates Trust in a research report on Monday, December 9th. BMO Capital Markets reissued a “hold” rating and issued a $26.00 price target on shares of National Storage Affiliates Trust in a research report on Thursday, October 31st. SunTrust Banks cut shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating and set a $30.00 price objective for the company. in a research note on Wednesday, January 15th. Finally, Zacks Investment Research cut shares of National Storage Affiliates Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. National Storage Affiliates Trust presently has an average rating of “Hold” and a consensus price target of $33.29.

National Storage Affiliates Trust stock opened at $35.00 on Friday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.64 and a current ratio of 0.64. The business’s 50-day simple moving average is $33.70 and its 200-day simple moving average is $32.88. The firm has a market capitalization of $2.08 billion, a PE ratio of -74.47, a PEG ratio of 4.21 and a beta of 0.29. National Storage Affiliates Trust has a 52 week low of $26.30 and a 52 week high of $35.76.

National Storage Affiliates Trust (NYSE:NSA) last posted its quarterly earnings data on Thursday, October 31st. The real estate investment trust reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.59). National Storage Affiliates Trust had a negative return on equity of 1.45% and a negative net margin of 4.87%. The business had revenue of $101.34 million for the quarter, compared to analyst estimates of $100.49 million. During the same period in the prior year, the firm posted $0.36 EPS. National Storage Affiliates Trust’s revenue for the quarter was up 18.7% on a year-over-year basis. Research analysts forecast that National Storage Affiliates Trust will post 1.53 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.33 dividend. This is an increase from National Storage Affiliates Trust’s previous quarterly dividend of $0.32. This represents a $1.32 annualized dividend and a yield of 3.77%. The ex-dividend date was Thursday, December 12th. National Storage Affiliates Trust’s payout ratio is currently 95.65%.

National Storage Affiliates Trust Company Profile

National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. The Company currently holds ownership interests in and operates 709 self storage properties located in 35 states and Puerto Rico with approximately 44.9 million rentable square feet.

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

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