UBS Asset Management Americas Inc. boosted its position in shares of National Storage Affiliates Trust (NYSE:NSA) by 560.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 63,394 shares of the real estate investment trust’s stock after buying an additional 53,794 shares during the period. UBS Asset Management Americas Inc. owned approximately 0.15% of National Storage Affiliates Trust worth $1,515,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in NSA. Teachers Advisors LLC increased its stake in shares of National Storage Affiliates Trust by 43.1% in the fourth quarter. Teachers Advisors LLC now owns 1,044,453 shares of the real estate investment trust’s stock worth $23,051,000 after buying an additional 314,357 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of National Storage Affiliates Trust by 76.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 262,006 shares of the real estate investment trust’s stock worth $5,782,000 after buying an additional 113,617 shares in the last quarter. State Street Corp increased its position in shares of National Storage Affiliates Trust by 9.2% in the fourth quarter. State Street Corp now owns 1,097,920 shares of the real estate investment trust’s stock worth $24,232,000 after buying an additional 92,326 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of National Storage Affiliates Trust by 19.7% in the first quarter. Bank of New York Mellon Corp now owns 329,457 shares of the real estate investment trust’s stock worth $7,874,000 after buying an additional 54,238 shares in the last quarter. Finally, Norges Bank acquired a new position in shares of National Storage Affiliates Trust during the fourth quarter worth about $1,104,000. 91.51% of the stock is currently owned by institutional investors and hedge funds.

National Storage Affiliates Trust (NSA) traded up 0.36% during midday trading on Monday, hitting $22.21. The company had a trading volume of 201,221 shares. The stock’s 50-day moving average price is $22.57 and its 200-day moving average price is $23.50. The stock has a market cap of $982.17 million, a PE ratio of 84.45 and a beta of 0.74. National Storage Affiliates Trust has a 52-week low of $18.81 and a 52-week high of $26.15.

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A number of brokerages have issued reports on NSA. BidaskClub upgraded National Storage Affiliates Trust from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 28th. Jefferies Group LLC reissued a “buy” rating and set a $28.00 target price on shares of National Storage Affiliates Trust in a report on Monday, May 22nd. FBR & Co reissued a “hold” rating and set a $23.00 target price on shares of National Storage Affiliates Trust in a report on Monday, May 15th. Finally, Zacks Investment Research cut National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $25.20.

National Storage Affiliates Trust Company Profile

National Storage Affiliates Trust is an integrated, self-administered and self-managed real estate investment trust. The Company is focused on the ownership, operation and acquisition of self-storage properties located within various metropolitan statistical areas (MSAs) across the United States. The Company’s operating partnership subsidiary is NSA OP, LP.

Institutional Ownership by Quarter for National Storage Affiliates Trust (NYSE:NSA)

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