CubeSmart $CUBE Shares Acquired by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC lifted its stake in shares of CubeSmart (NYSE:CUBE) by 11.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 153,550 shares of the real estate investment trust’s stock after buying an additional 15,442 shares during the quarter. New Age Alpha Advisors LLC owned approximately 0.07% of CubeSmart worth $5,535,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wiser Advisor Group LLC acquired a new position in shares of CubeSmart during the third quarter worth about $28,000. Geneos Wealth Management Inc. grew its position in shares of CubeSmart by 174.8% during the second quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock worth $38,000 after buying an additional 568 shares in the last quarter. Huntington National Bank raised its holdings in shares of CubeSmart by 43.3% in the 3rd quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 295 shares in the last quarter. Global Retirement Partners LLC raised its holdings in shares of CubeSmart by 95.0% in the 4th quarter. Global Retirement Partners LLC now owns 1,213 shares of the real estate investment trust’s stock valued at $44,000 after purchasing an additional 591 shares in the last quarter. Finally, Avalon Trust Co acquired a new stake in shares of CubeSmart in the 3rd quarter valued at $51,000. 97.61% of the stock is owned by institutional investors and hedge funds.

CubeSmart Price Performance

CUBE stock opened at $40.09 on Monday. The business has a 50 day moving average price of $38.70 and a 200 day moving average price of $38.02. The stock has a market cap of $9.08 billion, a price-to-earnings ratio of 28.23, a PEG ratio of 6.94 and a beta of 1.11. CubeSmart has a fifty-two week low of $35.09 and a fifty-two week high of $44.13. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 1.29.

CubeSmart (NYSE:CUBE) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.02. The firm had revenue of $281.93 million during the quarter, compared to analysts’ expectations of $275.25 million. CubeSmart had a return on equity of 11.84% and a net margin of 28.93%.The firm’s revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.64 earnings per share. CubeSmart has set its FY 2026 guidance at 2.520-2.600 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. Equities research analysts anticipate that CubeSmart will post 2.57 earnings per share for the current fiscal year.

CubeSmart Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.53 per share. The ex-dividend date is Wednesday, July 1st. This represents a $2.12 annualized dividend and a yield of 5.3%. CubeSmart’s payout ratio is presently 149.30%.

Insiders Place Their Bets

In related news, insider Jeffrey P. Foster sold 23,148 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $41.02, for a total transaction of $949,530.96. Following the completion of the sale, the insider owned 205,057 shares in the company, valued at $8,411,438.14. The trade was a 10.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.76% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CUBE has been the subject of a number of analyst reports. Barclays boosted their target price on shares of CubeSmart from $43.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 5th. Wall Street Zen raised CubeSmart from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Wolfe Research lowered CubeSmart from an “outperform” rating to a “peer perform” rating in a report on Monday, January 26th. UBS Group increased their target price on CubeSmart from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Monday, May 18th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $46.00 target price on shares of CubeSmart in a report on Monday, May 4th. Five analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $43.00.

About CubeSmart

CubeSmart (NYSE: CUBE) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and management of self-storage facilities across the United States. The company’s portfolio comprises properties in primary and secondary markets, catering to both individual and business customers seeking flexible, short-term and long-term storage solutions. CubeSmart’s facilities feature a range of unit sizes, climate-controlled options and advanced security features, supported by on-site managers and centralized customer service operations.

In addition to traditional self-storage units, CubeSmart offers specialty services such as vehicle and boat storage, retail sales of packing and moving supplies, and tenant insurance programs.