National Storage Affiliates Trust (NYSE:NSA) CFO Tamara D. Fischer purchased 1,200 shares of the company’s stock in a transaction dated Friday, November 30th. The shares were purchased at an average cost of $23.80 per share, for a total transaction of $28,560.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of NSA opened at $29.63 on Friday. The stock has a market cap of $1.58 billion, a P/E ratio of 23.90, a P/E/G ratio of 2.57 and a beta of 0.36. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.55 and a current ratio of 0.55. National Storage Affiliates Trust has a 52-week low of $23.10 and a 52-week high of $32.28.

National Storage Affiliates Trust (NYSE:NSA) last issued its quarterly earnings data on Friday, November 2nd. The real estate investment trust reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.31). The company had revenue of $85.38 million for the quarter, compared to analysts’ expectations of $86.37 million. National Storage Affiliates Trust had a return on equity of 1.48% and a net margin of 5.37%. The business’s revenue for the quarter was up 24.0% on a year-over-year basis. During the same period last year, the company posted $0.33 EPS. As a group, research analysts expect that National Storage Affiliates Trust will post 1.36 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 31st. Investors of record on Friday, December 14th will be issued a dividend of $0.30 per share. This is a boost from National Storage Affiliates Trust’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Thursday, December 13th. This represents a $1.20 dividend on an annualized basis and a yield of 4.05%. National Storage Affiliates Trust’s dividend payout ratio is 93.55%.

A number of research analysts have recently commented on the company. ValuEngine raised National Storage Affiliates Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, November 20th. Zacks Investment Research cut National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, September 19th. Citigroup dropped their price target on National Storage Affiliates Trust from $30.00 to $26.00 and set a “hold” rating on the stock in a research report on Friday, October 5th. Finally, Jefferies Financial Group raised National Storage Affiliates Trust from a “hold” rating to a “buy” rating and upped their price target for the company from $30.00 to $31.00 in a research report on Thursday, October 4th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. National Storage Affiliates Trust has a consensus rating of “Hold” and a consensus price target of $29.00.

A number of institutional investors and hedge funds have recently modified their holdings of NSA. Advisors Preferred LLC lifted its holdings in National Storage Affiliates Trust by 105.7% during the 2nd quarter. Advisors Preferred LLC now owns 3,548 shares of the real estate investment trust’s stock worth $109,000 after purchasing an additional 1,823 shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in National Storage Affiliates Trust during the 3rd quarter worth about $159,000. Quantbot Technologies LP purchased a new stake in National Storage Affiliates Trust during the 3rd quarter worth about $163,000. Neuburgh Advisers LLC lifted its holdings in National Storage Affiliates Trust by 43.2% during the 2nd quarter. Neuburgh Advisers LLC now owns 5,984 shares of the real estate investment trust’s stock worth $184,000 after purchasing an additional 1,804 shares in the last quarter. Finally, Riverhead Capital Management LLC lifted its holdings in National Storage Affiliates Trust by 44.7% during the 2nd quarter. Riverhead Capital Management LLC now owns 6,800 shares of the real estate investment trust’s stock worth $210,000 after purchasing an additional 2,100 shares in the last quarter. 92.54% of the stock is currently owned by institutional investors and hedge funds.

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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 533 self storage properties located in 29 states with approximately 33 million rentable square feet.

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