LS Investment Advisors LLC purchased a new position in shares of National Storage Affiliates Trust (NYSE:NSA) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,620 shares of the real estate investment trust’s stock, valued at approximately $107,000.

Other large investors have also recently added to or reduced their stakes in the company. Creative Planning boosted its stake in National Storage Affiliates Trust by 0.8% in the first quarter. Creative Planning now owns 13,854 shares of the real estate investment trust’s stock worth $331,000 after buying an additional 104 shares during the period. Nomura Asset Management Co. Ltd. boosted its stake in National Storage Affiliates Trust by 0.7% in the first quarter. Nomura Asset Management Co. Ltd. now owns 27,740 shares of the real estate investment trust’s stock worth $663,000 after buying an additional 200 shares during the period. Opus Capital Group LLC boosted its stake in National Storage Affiliates Trust by 1.4% in the first quarter. Opus Capital Group LLC now owns 16,046 shares of the real estate investment trust’s stock worth $383,000 after buying an additional 220 shares during the period. James Investment Research Inc. boosted its stake in National Storage Affiliates Trust by 0.5% in the first quarter. James Investment Research Inc. now owns 55,130 shares of the real estate investment trust’s stock worth $1,318,000 after buying an additional 280 shares during the period. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in National Storage Affiliates Trust by 9.3% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,087 shares of the real estate investment trust’s stock worth $145,000 after buying an additional 520 shares during the period. Institutional investors own 91.51% of the company’s stock.

Shares of National Storage Affiliates Trust (NYSE:NSA) traded down 0.32% on Friday, hitting $22.00. 324,710 shares of the stock were exchanged. The firm has a market capitalization of $972.88 million, a PE ratio of 84.29 and a beta of 0.74. National Storage Affiliates Trust has a one year low of $18.81 and a one year high of $26.15. The company has a 50-day moving average price of $22.53 and a 200-day moving average price of $23.47.

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A number of equities research analysts have issued reports on the stock. BidaskClub cut shares of National Storage Affiliates Trust from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 11th. Jefferies Group LLC restated a “buy” rating and set a $28.00 price target on shares of National Storage Affiliates Trust in a report on Monday, May 22nd. Zacks Investment Research cut shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Finally, FBR & Co restated a “hold” rating and set a $23.00 price target on shares of National Storage Affiliates Trust in a report on Monday, May 15th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $25.20.

In related news, CEO Arlen Dale Nordhagen sold 30,000 shares of National Storage Affiliates Trust stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $22.06, for a total transaction of $661,800.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 17.70% of the company’s stock.

About National Storage Affiliates Trust

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.

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

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