Teachers Advisors LLC increased its stake in shares of National Storage Affiliates Trust (NYSE:NSA) by 0.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,066,323 shares of the real estate investment trust’s stock after buying an additional 9,479 shares during the period. Teachers Advisors LLC owned about 2.41% of National Storage Affiliates Trust worth $24,643,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in National Storage Affiliates Trust by 16.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,384 shares of the real estate investment trust’s stock worth $101,000 after buying an additional 614 shares in the last quarter. LS Investment Advisors LLC purchased a new stake in National Storage Affiliates Trust during the second quarter worth about $107,000. ProShare Advisors LLC purchased a new stake in National Storage Affiliates Trust during the first quarter worth about $115,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its holdings in National Storage Affiliates Trust by 5.6% during the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,426 shares of the real estate investment trust’s stock worth $149,000 after buying an additional 339 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in National Storage Affiliates Trust during the second quarter worth about $155,000. 97.38% of the stock is currently owned by hedge funds and other institutional investors.

Shares of National Storage Affiliates Trust (NSA) opened at 24.06 on Friday. The stock has a market cap of $1.06 billion, a P/E ratio of 92.18 and a beta of 0.76. The firm has a 50 day moving average of $23.60 and a 200 day moving average of $23.60. National Storage Affiliates Trust has a one year low of $18.91 and a one year high of $24.86.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.04 annualized dividend and a dividend yield of 4.32%. National Storage Affiliates Trust’s dividend payout ratio is currently 800.06%.

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In other news, CEO Arlen Dale Nordhagen sold 30,000 shares of National Storage Affiliates Trust stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $22.06, for a total value of $661,800.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 17.70% of the company’s stock.

A number of analysts recently commented on NSA shares. BidaskClub downgraded shares of National Storage Affiliates Trust from a “sell” rating to a “strong sell” rating in a report on Friday, June 9th. Zacks Investment Research downgraded shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. KeyCorp reissued a “hold” rating on shares of National Storage Affiliates Trust in a report on Friday, August 25th. Finally, Jefferies Group LLC reduced their price target on shares of National Storage Affiliates Trust from $28.00 to $27.00 and set a “buy” rating on the stock in a report on Friday, August 18th. Two analysts have rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $24.75.

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.

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

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