Exchange Traded Concepts LLC Has $5.23 Million Stock Holdings in National Storage Affiliates Trust $NSA

Exchange Traded Concepts LLC boosted its position in National Storage Affiliates Trust (NYSE:NSA) by 664.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 185,423 shares of the real estate investment trust’s stock after acquiring an additional 161,179 shares during the period. Exchange Traded Concepts LLC owned 0.24% of National Storage Affiliates Trust worth $5,231,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NSA. Peak Financial Advisors LLC lifted its position in National Storage Affiliates Trust by 3.0% during the 3rd quarter. Peak Financial Advisors LLC now owns 13,272 shares of the real estate investment trust’s stock valued at $401,000 after purchasing an additional 382 shares during the period. California State Teachers Retirement System grew its position in shares of National Storage Affiliates Trust by 0.6% during the 2nd quarter. California State Teachers Retirement System now owns 66,648 shares of the real estate investment trust’s stock worth $2,132,000 after buying an additional 392 shares during the period. Parallel Advisors LLC raised its stake in shares of National Storage Affiliates Trust by 42.5% during the third quarter. Parallel Advisors LLC now owns 1,421 shares of the real estate investment trust’s stock worth $43,000 after buying an additional 424 shares during the last quarter. Osaic Holdings Inc. raised its stake in shares of National Storage Affiliates Trust by 43.5% during the second quarter. Osaic Holdings Inc. now owns 1,786 shares of the real estate investment trust’s stock worth $61,000 after buying an additional 541 shares during the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in National Storage Affiliates Trust by 72.1% in the second quarter. Advisors Asset Management Inc. now owns 1,387 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 581 shares during the period. 99.97% of the stock is currently owned by institutional investors and hedge funds.

National Storage Affiliates Trust Stock Down 0.2%

National Storage Affiliates Trust stock opened at $37.00 on Tuesday. The firm has a market capitalization of $2.85 billion, a price-to-earnings ratio of 53.63 and a beta of 1.17. The company’s 50 day simple moving average is $34.32 and its 200 day simple moving average is $31.52. The company has a debt-to-equity ratio of 2.86, a current ratio of 0.25 and a quick ratio of 0.25. National Storage Affiliates Trust has a fifty-two week low of $27.43 and a fifty-two week high of $41.37.

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, beating the consensus estimate of $0.55 by $0.02. The firm had revenue of $187.03 million during the quarter, compared to the consensus estimate of $187.24 million. National Storage Affiliates Trust had a net margin of 9.80% and a return on equity of 5.81%. The business’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 earnings per share. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. As a group, sell-side analysts anticipate that National Storage Affiliates Trust will post 2.4 EPS for the current year.

National Storage Affiliates Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors 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 6.2%. National Storage Affiliates Trust’s dividend payout ratio is currently 330.43%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. BNP Paribas Exane raised shares of National Storage Affiliates Trust from an “underperform” rating to a “neutral” rating and set a $41.00 target price for the company in a report on Monday, March 16th. Weiss Ratings reissued a “hold (c-)” rating on shares of National Storage Affiliates Trust in a research note on Thursday, January 22nd. Zacks Research upgraded National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Truist Financial lifted their price objective on National Storage Affiliates Trust from $30.00 to $33.00 and gave the stock a “hold” rating in a research note on Tuesday, January 20th. Finally, National Bank Financial set a $32.00 price objective on National Storage Affiliates Trust in a report on Friday, December 5th. Twelve analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $33.60.

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.