Shares of National Storage Affiliates (NYSE:NSA) were down 1.5% during trading on Wednesday . The company traded as low as $21.16 and last traded at $21.21, with a volume of 164,966 shares trading hands. The stock had previously closed at $21.53.

A number of analysts have commented on NSA shares. DA Davidson started coverage on shares of National Storage Affiliates in a research note on Friday, June 24th. They set a “buy” rating and a $25.00 price target for the company. FBR & Co restated a “marketperform” rating and set a $22.00 price target on shares of National Storage Affiliates in a research note on Wednesday, June 22nd. Jefferies Group boosted their price target on shares of National Storage Affiliates from $21.00 to $22.00 and gave the company a “hold” rating in a research note on Tuesday, May 31st. Zacks Investment Research upgraded shares of National Storage Affiliates from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research note on Friday. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $25.00 price objective (up from $24.00) on shares of National Storage Affiliates in a report on Wednesday, July 6th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. National Storage Affiliates presently has an average rating of “Buy” and an average target price of $22.36.

The stock has a 50-day moving average price of $21.57 and a 200-day moving average price of $19.97. The stock has a market cap of $455.25 million and a PE ratio of 37.06.

National Storage Affiliates (NYSE:NSA) last issued its quarterly earnings data on Monday, May 9th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.25. The company had revenue of $39.65 million for the quarter, compared to the consensus estimate of $40.35 million. On average, analysts anticipate that National Storage Affiliates will post $1.07 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in National Storage Affiliates stock. Principal Financial Group Inc. increased its stake in National Storage Affiliates (NYSE:NSA) by 299.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 434,959 shares of the real estate investment trust’s stock after buying an additional 325,959 shares during the period. Principal Financial Group Inc. owned approximately 1.89% of National Storage Affiliates worth $7,451,000 at the end of the most recent reporting period.

National Storage Affiliates Trust (NSA) is a real estate investment trust focused on the ownership, operation, and acquisition of self-storage properties located within the metropolitan statistical areas throughout the United States. It serves as the general partner of, and operates its business through its operating partnership subsidiary, NSA OP, LP.

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