B. Riley restated their neutral rating on shares of National Storage Affiliates Trust (NYSE:NSA) in a research note issued to investors on Tuesday. The firm currently has a $23.00 price target on the real estate investment trust’s stock. B. Riley also issued estimates for National Storage Affiliates Trust’s FY2017 earnings at $1.24 EPS, Q2 2018 earnings at $0.35 EPS, Q4 2018 earnings at $0.34 EPS, FY2018 earnings at $1.37 EPS and FY2019 earnings at $1.42 EPS.

Other research analysts have also issued reports about the stock. Jefferies Group LLC lowered their target price on shares of National Storage Affiliates Trust from $28.00 to $27.00 and set a buy rating on the stock in a research report on Friday, August 18th. Robert W. Baird restated a buy rating and set a $27.00 target price on shares of National Storage Affiliates Trust in a research report on Wednesday, October 4th. FBR & Co set a $23.00 target price on shares of National Storage Affiliates Trust and gave the stock a hold rating in a research report on Wednesday, October 4th. KeyCorp restated a hold rating on shares of National Storage Affiliates Trust in a research report on Friday, August 25th. Finally, BidaskClub upgraded shares of National Storage Affiliates Trust from a strong sell rating to a sell rating in a research report on Friday, August 25th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $24.40.

Shares of National Storage Affiliates Trust (NYSE NSA) traded down $0.01 on Tuesday, reaching $25.85. 313,972 shares of the company’s stock traded hands, compared to its average volume of 304,155. The company has a quick ratio of 1.31, a current ratio of 0.66 and a debt-to-equity ratio of 1.12. National Storage Affiliates Trust has a one year low of $19.13 and a one year high of $26.50. The firm has a market capitalization of $1,150.00 and a price-to-earnings ratio of 21.14.

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Hedge funds have recently added to or reduced their stakes in the company. Nationwide Fund Advisors grew its position in shares of National Storage Affiliates Trust by 16.8% in the second quarter. Nationwide Fund Advisors now owns 52,892 shares of the real estate investment trust’s stock valued at $1,222,000 after purchasing an additional 7,592 shares during the last quarter. Northern Trust Corp grew its position in shares of National Storage Affiliates Trust by 12.5% in the second quarter. Northern Trust Corp now owns 742,941 shares of the real estate investment trust’s stock valued at $17,170,000 after purchasing an additional 82,530 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of National Storage Affiliates Trust by 15.5% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 126,655 shares of the real estate investment trust’s stock valued at $2,927,000 after purchasing an additional 17,030 shares during the last quarter. Numeric Investors LLC acquired a new stake in shares of National Storage Affiliates Trust in the second quarter valued at approximately $1,195,000. Finally, Vanguard Group Inc. grew its position in shares of National Storage Affiliates Trust by 7.0% in the second quarter. Vanguard Group Inc. now owns 5,417,433 shares of the real estate investment trust’s stock valued at $125,198,000 after purchasing an additional 352,766 shares during the last quarter. Institutional investors and hedge funds own 97.82% of the company’s stock.

National Storage Affiliates Trust Company 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.

Analyst Recommendations for National Storage Affiliates Trust (NYSE:NSA)

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