Tudor Investment Corp ET AL Has $10.36 Million Stake in National Storage Affiliates Trust $NSA

Tudor Investment Corp ET AL reduced its position in shares of National Storage Affiliates Trust (NYSE:NSA) by 13.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 342,684 shares of the real estate investment trust’s stock after selling 55,357 shares during the quarter. Tudor Investment Corp ET AL’s holdings in National Storage Affiliates Trust were worth $10,356,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of NSA. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of National Storage Affiliates Trust by 258.0% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 118,476 shares of the real estate investment trust’s stock worth $3,580,000 after purchasing an additional 85,382 shares in the last quarter. Citigroup Inc. grew its holdings in shares of National Storage Affiliates Trust by 19.2% in the 3rd quarter. Citigroup Inc. now owns 253,962 shares of the real estate investment trust’s stock valued at $7,675,000 after acquiring an additional 40,871 shares in the last quarter. Capital Fund Management S.A. bought a new position in shares of National Storage Affiliates Trust in the 2nd quarter valued at about $1,167,000. Norges Bank acquired a new stake in shares of National Storage Affiliates Trust in the second quarter valued at about $21,991,000. Finally, Lighthouse Investment Partners LLC bought a new stake in National Storage Affiliates Trust during the third quarter worth about $9,293,000. Institutional investors and hedge funds own 99.97% of the company’s stock.

Analysts Set New Price Targets

NSA has been the subject of a number of analyst reports. Barclays raised their price target on National Storage Affiliates Trust from $33.00 to $38.00 and gave the company an “equal weight” rating in a research note on Thursday, March 5th. UBS Group dropped their price target on shares of National Storage Affiliates Trust from $30.00 to $29.00 and set a “neutral” rating on the stock in a research report on Thursday, January 8th. Evercore upgraded shares of National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 17th. BNP Paribas Exane upgraded shares of National Storage Affiliates Trust from an “underperform” rating to a “neutral” rating and set a $41.00 target price for the company in a research note on Monday, March 16th. Finally, Wall Street Zen cut National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a report on Saturday, February 28th. Twelve investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $33.60.

National Storage Affiliates Trust Price Performance

Shares of NYSE:NSA opened at $37.08 on Monday. The firm has a 50 day moving average of $33.80 and a 200-day moving average of $31.32. National Storage Affiliates Trust has a 12 month low of $27.43 and a 12 month high of $41.37. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 2.86. The stock has a market capitalization of $2.86 billion, a PE ratio of 53.74 and a beta of 1.17.

National Storage Affiliates Trust (NYSE:NSA) last announced its quarterly earnings data on Wednesday, February 25th. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. The business had revenue of $187.03 million for the quarter, compared to analysts’ expectations of $187.24 million. National Storage Affiliates Trust had a net margin of 9.80% and a return on equity of 5.81%. The firm’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period last year, the firm posted $0.60 earnings per share. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. On average, equities research analysts predict that National Storage Affiliates Trust will post 2.4 EPS for the current fiscal year.

National Storage Affiliates Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Friday, March 13th. National Storage Affiliates Trust’s payout ratio is presently 330.43%.

National Storage Affiliates Trust Company Profile

National Storage Affiliates Trust is a publicly traded real estate investment trust (REIT) focused on the ownership and operation of self-storage properties in the United States. Since its initial public offering in August 2015, NSA has pursued a growth strategy built on strategic acquisitions and partnerships, establishing a diversified portfolio of assets backed by a centralized support platform. The Trust’s model combines the scalability of a national REIT with the local expertise of affiliate operators.

The company’s core business involves providing flexible storage solutions to both individual and commercial customers.