KLP Kapitalforvaltning AS Purchases New Stake in National Storage Affiliates Trust (NYSE:NSA)

KLP Kapitalforvaltning AS acquired a new position in shares of National Storage Affiliates Trust ( NYSE:NSA – Free Report ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,400 shares of the real estate investment trust’s stock, valued at approximately $546,000. Other large investors have also recently made changes to their positions in the company.

SPC Financial Inc. raised its position in National Storage Affiliates Trust by 4.6% in the 4th quarter.



SPC Financial Inc. now owns 6,800 shares of the real estate investment trust’s stock valued at $258,000 after buying an additional 300 shares during the last quarter. Retirement Systems of Alabama grew its stake in shares of National Storage Affiliates Trust by 0.

5% in the 4th quarter. Retirement Systems of Alabama now owns 85,289 shares of the real estate investment trust’s stock worth $3,233,000 after acquiring an additional 412 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of National Storage Affiliates Trust by 2.

1% in the fourth quarter. Arizona State Retirement System now owns 20,944 shares of the real estate investment trust’s stock valued at $794,000 after purchasing an additional 437 shares during the last quarter. 1620 Investment Advisors Inc.

lifted its position in shares of National Storage Affiliates Trust by 3.5% during the fourth quarter. 1620 Investment Advisors Inc.

now owns 13,904 shares of the real estate investment trust’s stock valued at $527,000 after purchasing an additional 475 shares in the last quarter. Finally, Xponance Inc. boosted its holdings in National Storage Affiliates Trust by 6.

3% during the fourth quarter. Xponance Inc. now owns 8,051 shares of the real estate investment trust’s stock worth $305,000 after purchasing an additional 475 shares during the last quarter.

99.97% of the stock is owned by institutional investors. Analyst Ratings Changes Several equities research analysts have recently issued reports 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.

Robert W. Baird dropped their target price on shares of National Storage Affiliates Trust from $42.00 to $39.

00 and set a “neutral” rating on the stock in a research note on Thursday, March 13th. Wells Fargo & Company decreased their price target on shares of National Storage Affiliates Trust from $40.00 to $38.

00 and set an “underweight” rating for the company in a research note on Friday, February 21st. Finally, Deutsche Bank Aktiengesellschaft upgraded National Storage Affiliates Trust from a “sell” rating to a “hold” rating and dropped their price objective for the company from $40.00 to $38.

00 in a research note on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $42.

06. Insider Buying and Selling at National Storage Affiliates Trust In related news, Director Michael J. Schall acquired 4,000 shares of National Storage Affiliates Trust stock in a transaction on Thursday, March 6th.

The shares were acquired at an average cost of $38.54 per share, with a total value of $154,160.00.

Following the transaction, the director now owns 6,000 shares in the company, valued at $231,240. This trade represents a 200.00 % increase in their ownership of the stock.

The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link . Corporate insiders own 13.00% of the company’s stock.

National Storage Affiliates Trust Stock Down 4.1 % Shares of NYSE NSA opened at $37.45 on Friday.

The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 2.

35. The business has a 50-day moving average of $37.96 and a 200-day moving average of $40.

83. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 21.

90 and a beta of 1.07. National Storage Affiliates Trust has a 12 month low of $34.

59 and a 12 month high of $49.44. National Storage Affiliates Trust ( NYSE:NSA – Get Free Report ) last released its earnings results on Wednesday, February 26th.

The real estate investment trust reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.

41. The business had revenue of $190.12 million for the quarter, compared to analysts’ expectations of $185.

37 million. National Storage Affiliates Trust had a return on equity of 10.35% and a net margin of 20.

59%. Sell-side analysts expect that National Storage Affiliates Trust will post 2.4 earnings per share for the current fiscal year.

National Storage Affiliates Trust Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a dividend of $0.57 per share.

The ex-dividend date was Friday, March 14th. This represents a $2.28 annualized dividend and a yield of 6.

09%. National Storage Affiliates Trust’s payout ratio is currently 200.00%.

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.

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