Capitolis Liquid Global Markets LLC Takes $20.34 Million Position in National Storage Affiliates Trust $NSA

Capitolis Liquid Global Markets LLC purchased a new stake in National Storage Affiliates Trust (NYSE:NSA) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 721,000 shares of the real estate investment trust’s stock, valued at approximately $20,339,000.

Other large investors have also modified their holdings of the company. Advisors Asset Management Inc. bought a new stake in shares of National Storage Affiliates Trust in the 1st quarter valued at about $32,000. UMB Bank n.a. raised its holdings in shares of National Storage Affiliates Trust by 650.0% in the 4th quarter. UMB Bank n.a. now owns 1,125 shares of the real estate investment trust’s stock valued at $32,000 after purchasing an additional 975 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of National Storage Affiliates Trust by 81.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,302 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 586 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of National Storage Affiliates Trust by 42.5% in the 3rd quarter. Parallel Advisors LLC now owns 1,421 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 424 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in shares of National Storage Affiliates Trust by 247.5% during the 4th quarter. Global Retirement Partners LLC now owns 1,828 shares of the real estate investment trust’s stock worth $52,000 after acquiring an additional 1,302 shares in the last quarter. Institutional investors own 99.97% of the company’s stock.

National Storage Affiliates Trust Stock Down 2.3%

NSA stock opened at $43.64 on Thursday. The firm’s fifty day simple moving average is $42.81 and its 200-day simple moving average is $36.24. The company has a market capitalization of $3.37 billion, a P/E ratio of 58.19 and a beta of 1.05. The company has a debt-to-equity ratio of 3.02, a current ratio of 0.29 and a quick ratio of 0.29. National Storage Affiliates Trust has a 12 month low of $27.43 and a 12 month high of $46.47.

National Storage Affiliates Trust (NYSE:NSA) last released its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.16 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 analysts’ expectations 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 was down 1.6% on a year-over-year basis. During the same period last year, the company earned $0.54 earnings per share. As a group, equities research analysts forecast that National Storage Affiliates Trust will post 2.22 earnings per share for the current year.

National Storage Affiliates Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.57 per share. The ex-dividend date is Monday, June 15th. This represents a $2.28 dividend on an annualized basis and a yield of 5.2%. National Storage Affiliates Trust’s dividend payout ratio is currently 304.00%.

Wall Street Analyst Weigh In

NSA has been the subject of several recent analyst reports. Citigroup boosted their price objective on shares of National Storage Affiliates Trust from $33.50 to $43.62 and gave the stock a “neutral” rating in a research note on Tuesday, May 12th. Barclays boosted their price objective on shares of National Storage Affiliates Trust from $38.00 to $41.00 and gave the stock an “equal weight” rating in a research note on Monday, April 20th. Wall Street Zen lowered shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. BNP Paribas Exane upgraded shares of National Storage Affiliates Trust from an “underperform” rating to a “neutral” rating and set a $41.00 price objective for the company in a research note on Monday, March 16th. Finally, UBS Group boosted their price objective on shares of National Storage Affiliates Trust from $29.00 to $42.00 and gave the stock a “neutral” rating in a research note on Monday, May 18th. Thirteen research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $35.97.

About National Storage Affiliates Trust

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.