Xponance Inc. Has $393,000 Holdings in National Storage Affiliates Trust (NYSE:NSA)

Xponance Inc. lowered its position in National Storage Affiliates Trust (NYSE:NSA) by 4.8% during the fourth quarter, Holdings Channel reports. The firm owned 9,473 shares of the real estate investment trust’s stock after selling 482 shares during the period. Xponance Inc.’s holdings in National Storage Affiliates Trust were worth $393,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of NSA. CWM LLC raised its stake in National Storage Affiliates Trust by 100.9% during the third quarter. CWM LLC now owns 2,248 shares of the real estate investment trust’s stock worth $71,000 after buying an additional 1,129 shares during the last quarter. Hunter Perkins Capital Management LLC raised its position in shares of National Storage Affiliates Trust by 30.3% in the 3rd quarter. Hunter Perkins Capital Management LLC now owns 11,275 shares of the real estate investment trust’s stock worth $358,000 after acquiring an additional 2,625 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of National Storage Affiliates Trust in the 3rd quarter valued at about $383,000. Cambridge Investment Research Advisors Inc. boosted its position in shares of National Storage Affiliates Trust by 49.7% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 19,675 shares of the real estate investment trust’s stock valued at $624,000 after purchasing an additional 6,533 shares in the last quarter. Finally, Raymond James & Associates grew its stake in National Storage Affiliates Trust by 5.7% during the third quarter. Raymond James & Associates now owns 205,068 shares of the real estate investment trust’s stock worth $6,509,000 after purchasing an additional 11,121 shares during the period. 99.97% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft started coverage on National Storage Affiliates Trust in a report on Tuesday, January 30th. They set a “sell” rating and a $33.00 price target on the stock. KeyCorp upgraded shares of National Storage Affiliates Trust from a “sector weight” rating to an “overweight” rating and set a $45.00 target price on the stock in a research report on Friday, January 5th. Finally, Barclays began coverage on shares of National Storage Affiliates Trust in a research report on Wednesday, March 27th. They set an “equal weight” rating and a $39.00 target price on the stock. Four research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, National Storage Affiliates Trust currently has a consensus rating of “Hold” and an average price target of $36.60.

National Storage Affiliates Trust Trading Down 0.7 %

NSA opened at $34.92 on Friday. The firm has a market capitalization of $2.79 billion, a PE ratio of 23.28 and a beta of 0.85. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.95 and a quick ratio of 0.95. National Storage Affiliates Trust has a fifty-two week low of $27.86 and a fifty-two week high of $42.54. The company’s 50-day moving average is $36.90 and its 200 day moving average is $36.02.

National Storage Affiliates Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 6.41%. The ex-dividend date of this dividend was Thursday, March 14th. National Storage Affiliates Trust’s dividend payout ratio (DPR) is presently 149.33%.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of December 31, 2023, the Company held ownership interests in and operated 1,050 self storage properties, located in 42 states and Puerto Rico with approximately 68.6 million rentable square feet, which excludes 39 self storage properties classified as held for sale to be sold to a third party.