XML Financial LLC Has $632,000 Stock Position in National Storage Affiliates Trust $NSA

XML Financial LLC trimmed its stake in shares of National Storage Affiliates Trust (NYSE:NSA) by 40.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,400 shares of the real estate investment trust’s stock after selling 15,400 shares during the quarter. XML Financial LLC’s holdings in National Storage Affiliates Trust were worth $632,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. California State Teachers Retirement System boosted its holdings in National Storage Affiliates Trust by 0.6% during the second quarter. California State Teachers Retirement System now owns 66,648 shares of the real estate investment trust’s stock valued at $2,132,000 after purchasing an additional 392 shares in the last quarter. Parallel Advisors LLC increased its position in shares of National Storage Affiliates Trust by 42.5% during the 3rd quarter. Parallel Advisors LLC now owns 1,421 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 424 shares in the last quarter. IFP Advisors Inc increased its position in shares of National Storage Affiliates Trust by 12.7% during the 4th quarter. IFP Advisors Inc now owns 4,531 shares of the real estate investment trust’s stock worth $128,000 after purchasing an additional 511 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of National Storage Affiliates Trust by 33.9% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,131 shares of the real estate investment trust’s stock worth $60,000 after purchasing an additional 539 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of National Storage Affiliates Trust by 43.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,786 shares of the real estate investment trust’s stock worth $61,000 after purchasing an additional 541 shares in the last quarter. 99.97% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NSA has been the subject of a number of recent analyst reports. Evercore upgraded shares of National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a research report on Tuesday, March 17th. Barclays increased their target price on shares of National Storage Affiliates Trust from $38.00 to $41.00 and gave the stock an “equal weight” rating in a research report on Monday, April 20th. 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 report on Monday, March 16th. Weiss Ratings upgraded shares of National Storage Affiliates Trust from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, May 1st. Finally, Wall Street Zen cut shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 28th. Thirteen investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $35.97.

National Storage Affiliates Trust Trading Up 0.0%

NSA opened at $43.44 on Monday. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 3.02. The stock has a market capitalization of $3.35 billion, a PE ratio of 57.93 and a beta of 1.05. National Storage Affiliates Trust has a 1-year low of $27.43 and a 1-year high of $44.01. The firm has a 50-day moving average price of $41.74 and a two-hundred day moving average price of $35.34.

National Storage Affiliates Trust (NYSE:NSA) last issued its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.38). The business had revenue of $185.40 million during the quarter, compared to the consensus estimate of $181.69 million. National Storage Affiliates Trust had a net margin of 10.48% and a return on equity of 6.46%. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period last year, the business posted $0.54 EPS. As a group, equities analysts anticipate that National Storage Affiliates Trust will post 2.22 earnings per share for the current fiscal year.

National Storage Affiliates Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend is Monday, June 15th. National Storage Affiliates Trust’s dividend payout ratio (DPR) is 304.00%.

National Storage Affiliates Trust 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.