Capital Fund Management S.A. Purchases Shares of 36,480 National Storage Affiliates Trust $NSA

Capital Fund Management S.A. acquired a new stake in National Storage Affiliates Trust (NYSE:NSA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 36,480 shares of the real estate investment trust’s stock, valued at approximately $1,167,000.

Several other institutional investors have also recently modified their holdings of the company. UniSuper Management Pty Ltd boosted its position in National Storage Affiliates Trust by 1.5% in the first quarter. UniSuper Management Pty Ltd now owns 19,700 shares of the real estate investment trust’s stock valued at $776,000 after buying an additional 300 shares during the last quarter. GAMMA Investing LLC raised its position in National Storage Affiliates Trust by 21.4% during the 2nd quarter. GAMMA Investing LLC now owns 1,748 shares of the real estate investment trust’s stock worth $56,000 after buying an additional 308 shares during the last quarter. UMB Bank n.a. lifted its stake in National Storage Affiliates Trust by 71.9% during the 2nd quarter. UMB Bank n.a. now owns 906 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 379 shares during the period. SPC Financial Inc. lifted its stake in National Storage Affiliates Trust by 6.4% during the 2nd quarter. SPC Financial Inc. now owns 8,300 shares of the real estate investment trust’s stock valued at $266,000 after acquiring an additional 500 shares during the period. Finally, Gilman Hill Asset Management LLC boosted its holdings in shares of National Storage Affiliates Trust by 5.2% in the 2nd quarter. Gilman Hill Asset Management LLC now owns 10,287 shares of the real estate investment trust’s stock valued at $329,000 after acquiring an additional 512 shares during the last quarter. 99.97% of the stock is currently owned by hedge funds and other institutional investors.

National Storage Affiliates Trust Stock Down 1.3%

NSA opened at $29.62 on Friday. The company has a fifty day moving average of $30.19 and a two-hundred day moving average of $31.41. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 48.55 and a beta of 1.19. National Storage Affiliates Trust has a fifty-two week low of $28.02 and a fifty-two week high of $43.88. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.25 and a current ratio of 0.25.

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

National Storage Affiliates Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a $0.57 dividend. The ex-dividend date is Monday, December 15th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 7.7%. National Storage Affiliates Trust’s payout ratio is 373.77%.

Wall Street Analysts Forecast Growth

NSA has been the subject of several recent research reports. Robert W. Baird reduced their target price on shares of National Storage Affiliates Trust from $39.00 to $34.00 and set a “neutral” rating for the company in a report on Tuesday, August 12th. Zacks Research downgraded National Storage Affiliates Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 15th. Weiss Ratings reiterated a “hold (c-)” rating on shares of National Storage Affiliates Trust in a research note on Wednesday, October 8th. Barclays decreased their price objective on National Storage Affiliates Trust from $41.00 to $36.00 and set an “equal weight” rating for the company in a report on Friday, August 8th. Finally, UBS Group dropped their target price on National Storage Affiliates Trust from $39.00 to $32.00 and set a “neutral” rating on the stock in a report on Tuesday, September 16th. Eight analysts have rated the stock with a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $33.64.

National Storage Affiliates Trust Profile

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.