BNP Paribas Arbitrage SA lifted its holdings in shares of National Storage Affiliates Trust (NYSE:NSA) by 32.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,642 shares of the real estate investment trust’s stock after acquiring an additional 8,991 shares during the quarter. BNP Paribas Arbitrage SA owned approximately 0.08% of National Storage Affiliates Trust worth $888,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Nationwide Fund Advisors raised its holdings in shares of National Storage Affiliates Trust by 16.8% during the second quarter. Nationwide Fund Advisors now owns 52,892 shares of the real estate investment trust’s stock valued at $1,222,000 after acquiring an additional 7,592 shares in the last quarter. Northern Trust Corp raised its holdings in shares of National Storage Affiliates Trust by 12.5% during the second quarter. Northern Trust Corp now owns 742,941 shares of the real estate investment trust’s stock valued at $17,170,000 after acquiring an additional 82,530 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of National Storage Affiliates Trust by 15.5% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 126,655 shares of the real estate investment trust’s stock valued at $2,927,000 after acquiring an additional 17,030 shares in the last quarter. Numeric Investors LLC bought a new position in shares of National Storage Affiliates Trust during the second quarter valued at approximately $1,195,000. Finally, Vanguard Group Inc. raised its holdings in shares of National Storage Affiliates Trust by 7.0% during the second quarter. Vanguard Group Inc. now owns 5,417,433 shares of the real estate investment trust’s stock valued at $125,198,000 after acquiring an additional 352,766 shares in the last quarter. Institutional investors own 93.41% of the company’s stock.

National Storage Affiliates Trust (NYSE:NSA) remained flat at $$26.64 on Friday. The company’s stock had a trading volume of 182,125 shares, compared to its average volume of 377,758. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 1.12. The firm has a market cap of $1,184.76, a P/E ratio of 21.66, a P/E/G ratio of 2.85 and a beta of 0.80. National Storage Affiliates Trust has a 1 year low of $19.80 and a 1 year high of $26.83.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a $0.28 dividend. This is an increase from National Storage Affiliates Trust’s previous quarterly dividend of $0.26. The ex-dividend date is Thursday, December 14th. This represents a $1.12 dividend on an annualized basis and a yield of 4.20%. National Storage Affiliates Trust’s dividend payout ratio is 650.04%.

NSA has been the subject of a number of recent analyst reports. Jefferies Group decreased their target price on National Storage Affiliates Trust from $28.00 to $27.00 and set a “buy” rating for the company in a report on Friday, August 18th. KeyCorp restated a “hold” rating on shares of National Storage Affiliates Trust in a report on Friday, August 25th. BidaskClub upgraded National Storage Affiliates Trust from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. Robert W. Baird restated a “buy” rating and set a $27.00 target price on shares of National Storage Affiliates Trust in a report on Wednesday, October 4th. Finally, FBR & Co set a $23.00 target price on National Storage Affiliates Trust and gave the company a “hold” rating in a report on Wednesday, October 4th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. National Storage Affiliates Trust has a consensus rating of “Hold” and a consensus target price of $26.00.

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About National Storage Affiliates Trust

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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