307,500 Shares in National Storage Affiliates Trust $NSA Purchased by Lighthouse Investment Partners LLC

Lighthouse Investment Partners LLC acquired a new stake in National Storage Affiliates Trust (NYSE:NSA) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 307,500 shares of the real estate investment trust’s stock, valued at approximately $9,293,000. Lighthouse Investment Partners LLC owned approximately 0.40% of National Storage Affiliates Trust at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NSA. Balyasny Asset Management L.P. raised its stake in shares of National Storage Affiliates Trust by 172.0% during the 2nd quarter. Balyasny Asset Management L.P. now owns 3,146,936 shares of the real estate investment trust’s stock worth $100,670,000 after buying an additional 1,989,965 shares in the last quarter. Long Pond Capital LP acquired a new position in National Storage Affiliates Trust during the second quarter worth $79,936,000. Prudential Financial Inc. grew its holdings in National Storage Affiliates Trust by 50.0% during the second quarter. Prudential Financial Inc. now owns 2,089,543 shares of the real estate investment trust’s stock worth $66,844,000 after acquiring an additional 696,067 shares during the period. Geode Capital Management LLC raised its position in National Storage Affiliates Trust by 0.9% in the second quarter. Geode Capital Management LLC now owns 1,435,046 shares of the real estate investment trust’s stock worth $45,912,000 after acquiring an additional 12,737 shares in the last quarter. Finally, Bank of America Corp DE raised its position in National Storage Affiliates Trust by 159.2% in the third quarter. Bank of America Corp DE now owns 1,163,764 shares of the real estate investment trust’s stock worth $35,169,000 after acquiring an additional 714,840 shares in the last quarter. Institutional investors and hedge funds own 99.97% of the company’s stock.

National Storage Affiliates Trust Trading Down 0.0%

NYSE:NSA opened at $30.95 on Monday. National Storage Affiliates Trust has a 52-week low of $27.43 and a 52-week high of $39.73. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 2.86. The stock has a fifty day simple moving average of $32.88 and a 200-day simple moving average of $31.08. The company has a market capitalization of $2.39 billion, a PE ratio of 44.85 and a beta of 1.17.

National Storage Affiliates Trust (NYSE:NSA) last issued its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. National Storage Affiliates Trust had a net margin of 9.80% and a return on equity of 5.81%. The firm had revenue of $187.03 million for the quarter, compared to analysts’ expectations of $187.24 million. During the same period in the prior year, the company earned $0.60 EPS. The firm’s revenue was down 1.6% on a year-over-year basis. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. On average, equities research analysts expect that National Storage Affiliates Trust will post 2.4 earnings per share for the current fiscal year.

National Storage Affiliates Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a $0.57 dividend. The ex-dividend date is Friday, March 13th. This represents a $2.28 annualized dividend and a dividend yield of 7.4%. National Storage Affiliates Trust’s dividend payout ratio is currently 330.43%.

Analyst Ratings Changes

Several brokerages have commented on NSA. Barclays boosted their target price on shares of National Storage Affiliates Trust from $33.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 5th. Wall Street Zen downgraded shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Mizuho raised their price objective on shares of National Storage Affiliates Trust from $30.00 to $32.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Wells Fargo & Company decreased their price objective on shares of National Storage Affiliates Trust from $35.00 to $33.00 and set an “underweight” rating on the stock in a report on Thursday, February 5th. Finally, Wolfe Research upgraded shares of National Storage Affiliates Trust from an “underperform” rating to a “peer perform” rating in a research report on Monday, January 26th. Ten investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, National Storage Affiliates Trust currently has an average rating of “Reduce” and an average target price of $32.80.

National Storage Affiliates Trust Profile

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.