Sound Income Strategies LLC Has $5.06 Million Stock Holdings in National Storage Affiliates Trust $NSA

Sound Income Strategies LLC lessened its position in shares of National Storage Affiliates Trust (NYSE:NSA) by 15.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 179,472 shares of the real estate investment trust’s stock after selling 32,118 shares during the quarter. Sound Income Strategies LLC’s holdings in National Storage Affiliates Trust were worth $5,063,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in NSA. Royal Bank of Canada lifted its stake in shares of National Storage Affiliates Trust by 0.8% during the first quarter. Royal Bank of Canada now owns 110,289 shares of the real estate investment trust’s stock valued at $4,345,000 after acquiring an additional 898 shares during the period. Advisors Asset Management Inc. acquired a new position in shares of National Storage Affiliates Trust during the first quarter valued at $32,000. Jones Financial Companies Lllp lifted its stake in shares of National Storage Affiliates Trust by 207.3% during the first quarter. Jones Financial Companies Lllp now owns 1,217 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 821 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of National Storage Affiliates Trust by 42.5% during the first quarter. Goldman Sachs Group Inc. now owns 92,309 shares of the real estate investment trust’s stock valued at $3,637,000 after acquiring an additional 27,546 shares during the period. Finally, Empowered Funds LLC lifted its stake in shares of National Storage Affiliates Trust by 2.0% during the first quarter. Empowered Funds LLC now owns 61,409 shares of the real estate investment trust’s stock valued at $2,420,000 after acquiring an additional 1,209 shares during the period. Institutional investors and hedge funds own 99.97% of the company’s stock.

National Storage Affiliates Trust Trading Up 0.5%

NYSE NSA opened at $39.32 on Tuesday. The firm has a market cap of $3.03 billion, a P/E ratio of 56.98 and a beta of 1.08. The company has a debt-to-equity ratio of 2.86, a current ratio of 0.25 and a quick ratio of 0.25. The stock’s 50-day moving average is $34.92 and its 200-day moving average is $31.80. National Storage Affiliates Trust has a one year low of $27.43 and a one year high of $41.37.

National Storage Affiliates Trust (NYSE:NSA) last released its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The company had revenue of $187.03 million for the quarter, compared to analyst estimates of $187.24 million. National Storage Affiliates Trust had a return on equity of 5.81% and a net margin of 9.80%.National Storage Affiliates Trust’s revenue was down 1.6% compared to the same quarter last year. During the same quarter 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. Sell-side analysts anticipate that National Storage Affiliates Trust will post 2.4 earnings per share for the current fiscal year.

National Storage Affiliates Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were issued a dividend of $0.57 per share. The ex-dividend date was Friday, March 13th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.8%. National Storage Affiliates Trust’s dividend payout ratio (DPR) is presently 330.43%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Evercore raised National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a research note on Tuesday, March 17th. Mizuho upped their price target on National Storage Affiliates Trust from $30.00 to $32.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. UBS Group cut their target price on National Storage Affiliates Trust from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Zacks Research raised National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Barclays increased their target price 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. Twelve analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $33.60.

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.