2 weeks Ago By ABMN Staff
American Century Companies Inc. increased its stake in National Storage Affiliates Trust ( NYSE:NSA – Free Report ) by 8.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor owned 742,959 shares of the real estate investment trust’s stock after purchasing an additional 58,515 shares during the quarter. American Century Companies Inc. owned approximately 0.
97% of National Storage Affiliates Trust worth $28,166,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. FMR LLC boosted its holdings in shares of National Storage Affiliates Trust by 27.
5% in the third quarter. FMR LLC now owns 1,664,182 shares of the real estate investment trust’s stock worth $80,214,000 after buying an additional 358,449 shares during the period. Raymond James Financial Inc.
purchased a new stake in shares of National Storage Affiliates Trust in the 4th quarter valued at approximately $13,354,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in National Storage Affiliates Trust by 385.7% in the 3rd quarter.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 421,161 shares of the real estate investment trust’s stock worth $20,300,000 after purchasing an additional 334,445 shares during the period. TimesSquare Capital Management LLC grew its position in National Storage Affiliates Trust by 39.7% during the 4th quarter.
TimesSquare Capital Management LLC now owns 1,110,784 shares of the real estate investment trust’s stock worth $42,110,000 after purchasing an additional 315,474 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in National Storage Affiliates Trust by 1,354.0% during the 4th quarter.
SG Americas Securities LLC now owns 85,784 shares of the real estate investment trust’s stock valued at $3,252,000 after purchasing an additional 79,884 shares during the period. Institutional investors and hedge funds own 99.97% of the company’s stock.
National Storage Affiliates Trust Trading Up 1.2 % Shares of NYSE NSA opened at $38.73 on Friday.
The business has a 50 day simple moving average of $37.78 and a 200 day simple moving average of $41.03.
National Storage Affiliates Trust has a 52 week low of $34.59 and a 52 week high of $49.44.
The stock has a market cap of $2.96 billion, a price-to-earnings ratio of 22.65 and a beta of 1.
07. The company has a debt-to-equity ratio of 2.35, a quick ratio of 0.
72 and a current ratio of 0.72. National Storage Affiliates Trust Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st.
Shareholders of record on Friday, March 14th will be given a dividend of $0.57 per share. This represents a $2.
28 annualized dividend and a yield of 5.89%. The ex-dividend date is Friday, March 14th.
National Storage Affiliates Trust’s payout ratio is 200.00%. Analyst Ratings Changes Several analysts have recently commented on the company.
Barclays decreased their target price on National Storage Affiliates Trust from $42.00 to $41.00 and set an “equal weight” rating for the company in a research report on Wednesday, March 12th.
Wells Fargo & Company decreased their price objective on National Storage Affiliates Trust from $40.00 to $38.00 and set an “underweight” rating for the company in a research report on Friday, February 21st.
Deutsche Bank Aktiengesellschaft upgraded National Storage Affiliates Trust from a “sell” rating to a “hold” rating and dropped their target price for the company from $40.00 to $38.00 in a report on Friday, January 10th.
Finally, Robert W. Baird decreased their price target on shares of National Storage Affiliates Trust from $42.00 to $39.
00 and set a “neutral” rating for the company in a report on Thursday, March 13th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, National Storage Affiliates Trust has an average rating of “Hold” and an average target price of $42.
06. View Our Latest Analysis on NSA Insider Buying and Selling at National Storage Affiliates Trust In related news, Director Michael J. Schall purchased 4,000 shares of the stock in a transaction on Thursday, March 6th.
The shares were bought at an average price of $38.54 per share, for a total transaction of $154,160.00.
Following the completion of the acquisition, the director now directly owns 6,000 shares in the company, valued at approximately $231,240. This trade represents a 200.00 % increase in their position.
The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink . Corporate insiders own 13.00% of the company’s stock.
National Storage Affiliates Trust Company Profile ( Free Report ) 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.
Recommended Stories Want to see what other hedge funds are holding NSA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for National Storage Affiliates Trust ( NYSE:NSA – Free Report ). Receive News & Ratings for National Storage Affiliates Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Storage Affiliates Trust and related companies with MarketBeat.
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