Universal Beteiligungs und Servicegesellschaft mbH Increases Stake in National Storage Affiliates Trust $NSA

Universal Beteiligungs und Servicegesellschaft mbH raised its stake in National Storage Affiliates Trust (NYSE:NSAFree Report) by 20.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 203,794 shares of the real estate investment trust’s stock after purchasing an additional 34,514 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned 0.27% of National Storage Affiliates Trust worth $6,159,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in NSA. Farther Finance Advisors LLC increased its stake in shares of National Storage Affiliates Trust by 339.6% in the third quarter. Farther Finance Advisors LLC now owns 822 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 635 shares during the period. Advisors Asset Management Inc. bought a new stake in National Storage Affiliates Trust in the 1st quarter worth $32,000. Jones Financial Companies Lllp increased its position in shares of National Storage Affiliates Trust by 207.3% in the first quarter. Jones Financial Companies Lllp now owns 1,217 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 821 shares during the period. GAMMA Investing LLC raised its stake in shares of National Storage Affiliates Trust by 21.4% during the second quarter. GAMMA Investing LLC now owns 1,748 shares of the real estate investment trust’s stock valued at $56,000 after acquiring an additional 308 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in shares of National Storage Affiliates Trust by 43.5% during the second quarter. Osaic Holdings Inc. now owns 1,786 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 541 shares during the period. Institutional investors own 99.97% of the company’s stock.

National Storage Affiliates Trust Price Performance

Shares of NSA stock opened at $31.78 on Tuesday. The business’s fifty day moving average is $29.82 and its 200 day moving average is $30.52. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 2.74. The stock has a market cap of $2.45 billion, a price-to-earnings ratio of 52.10 and a beta of 1.18. National Storage Affiliates Trust has a twelve month low of $27.43 and a twelve month high of $40.62.

National Storage Affiliates Trust (NYSE:NSAGet Free Report) last announced its quarterly earnings data on Monday, November 3rd. The real estate investment trust reported $0.57 EPS for the quarter, beating the consensus estimate of $0.56 by $0.01. The business had revenue of $188.70 million during the quarter, compared to analyst estimates of $184.04 million. National Storage Affiliates Trust had a return on equity of 5.09% and a net margin of 8.94%.The company’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 earnings per share. National Storage Affiliates Trust has set its FY 2025 guidance at 2.170-2.230 EPS. Research analysts expect that National Storage Affiliates Trust will post 2.4 EPS for the current fiscal year.

National Storage Affiliates Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 7.2%. The ex-dividend date was Monday, December 15th. National Storage Affiliates Trust’s dividend payout ratio is 373.77%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Morgan Stanley upgraded National Storage Affiliates Trust from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $30.00 to $32.00 in a report on Friday, December 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of National Storage Affiliates Trust in a research report on Thursday. Wall Street Zen downgraded National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. Zacks Research raised National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Finally, KeyCorp reissued a “sector weight” rating on shares of National Storage Affiliates Trust in a research report on Tuesday, November 4th. Ten equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, National Storage Affiliates Trust currently has a consensus rating of “Reduce” and a consensus price target of $32.50.

View Our Latest Research Report on National Storage Affiliates Trust

National Storage Affiliates Trust Profile

(Free Report)

National Storage Affiliates Trust is a publicly traded real estate investment trust (REIT) focused on the ownership and operation of self-storage properties in the United States. Since its initial public offering in August 2015, NSA has pursued a growth strategy built on strategic acquisitions and partnerships, establishing a diversified portfolio of assets backed by a centralized support platform. The Trust’s model combines the scalability of a national REIT with the local expertise of affiliate operators.

The company’s core business involves providing flexible storage solutions to both individual and commercial customers.

See Also

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

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