Algert Global LLC Invests $9.19 Million in National Storage Affiliates Trust $NSA

Algert Global LLC purchased a new position in shares of National Storage Affiliates Trust (NYSE:NSA) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 303,960 shares of the real estate investment trust’s stock, valued at approximately $9,186,000. Algert Global LLC owned approximately 0.39% of National Storage Affiliates Trust at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in NSA. Royal Bank of Canada grew its stake in National Storage Affiliates Trust by 0.8% during the 1st quarter. Royal Bank of Canada now owns 110,289 shares of the real estate investment trust’s stock worth $4,345,000 after buying an additional 898 shares during the last quarter. Advisors Asset Management Inc. purchased a new stake in National Storage Affiliates Trust in the first quarter valued at about $32,000. Jones Financial Companies Lllp boosted its holdings in 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 worth $48,000 after acquiring an additional 821 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of National Storage Affiliates Trust by 42.5% during the first quarter. Goldman Sachs Group Inc. now owns 92,309 shares of the real estate investment trust’s stock worth $3,637,000 after acquiring an additional 27,546 shares during the last quarter. Finally, Empowered Funds LLC grew its position in National Storage Affiliates Trust by 2.0% during the 1st quarter. Empowered Funds LLC now owns 61,409 shares of the real estate investment trust’s stock worth $2,420,000 after purchasing an additional 1,209 shares during the last quarter. Hedge funds and other institutional investors own 99.97% of the company’s stock.

National Storage Affiliates Trust Stock Performance

NYSE NSA opened at $40.22 on Tuesday. The firm has a market capitalization of $3.10 billion, a P/E ratio of 58.29 and a beta of 1.17. The stock has a 50-day simple moving average of $33.12 and a two-hundred day simple moving average of $31.14. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.25 and a current ratio of 0.25. National Storage Affiliates Trust has a fifty-two week low of $27.43 and a fifty-two week high of $40.95.

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

National Storage Affiliates Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders 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 dividend on an annualized basis and a dividend yield of 5.7%. National Storage Affiliates Trust’s dividend payout ratio is 330.43%.

More National Storage Affiliates Trust News

Here are the key news stories impacting National Storage Affiliates Trust this week:

• Positive Sentiment: Public Storage agreed to acquire NSA in an all-stock transaction; Proactive reports an exchange ratio of 0.14 PSA per NSA share (implying ~$41.68 per NSA share), which investors see as a takeover premium. Article Title
• Positive Sentiment: Market reaction: NSA shares rose sharply on very high volume as traders bought the takeover story; multiple outlets list NSA among the top movers today. Article Title
• Neutral Sentiment: Analyst note: BNP Paribas Exane upgraded NSA from underperform to neutral and set a $41 price target, which roughly lines up with the implied deal value and provides additional support for the new trading range. Article Title
• Neutral Sentiment: Media reports show inconsistent aggregate deal values (some outlets cite roughly $5.6B, others $10.5B), reflecting different reporting methods (equity value vs. enterprise value or combined-company headlines) — investors should read the definitive merger statement for exact terms. Article Title
• Negative Sentiment: Shareholder actions: Halper Sadeh LLC is investigating whether NSA’s board obtained a fair price for shareholders, which could lead to litigation or pressure to renegotiate deal terms. Article Title
• Negative Sentiment: Another law firm, Ademi LLP, has opened an inquiry into possible fiduciary breaches related to the transaction; multiple shareholder investigations increase regulatory and legal risk around closing. Article Title

Analysts Set New Price Targets

A number of research firms have issued reports on NSA. Wall Street Zen cut shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Barclays upped their target price on National Storage Affiliates Trust from $33.00 to $38.00 and gave the company an “equal weight” rating in a research report on Thursday, March 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of National Storage Affiliates Trust in a research report on Thursday, January 22nd. UBS Group dropped their target price on National Storage Affiliates Trust from $30.00 to $29.00 and set a “neutral” rating on the stock in a research report on Thursday, January 8th. Finally, Wolfe Research upgraded shares of National Storage Affiliates Trust from an “underperform” rating to a “peer perform” rating in a report on Monday, January 26th. Eleven investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $33.60.

About National Storage Affiliates Trust

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.