Vanguard Group Inc. Decreases Position in National Storage Affiliates Trust $NSA

Vanguard Group Inc. trimmed its holdings in shares of National Storage Affiliates Trust (NYSE:NSA) by 0.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,618,839 shares of the real estate investment trust’s stock after selling 29,010 shares during the period. Vanguard Group Inc. owned about 0.13% of National Storage Affiliates Trust worth $290,681,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. State of New Jersey Common Pension Fund D lifted its position in shares of National Storage Affiliates Trust by 22.9% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 68,460 shares of the real estate investment trust’s stock worth $2,069,000 after purchasing an additional 12,737 shares during the period. Aberdeen Group plc grew its holdings in shares of National Storage Affiliates Trust by 13.8% during the 3rd quarter. Aberdeen Group plc now owns 23,773 shares of the real estate investment trust’s stock worth $720,000 after acquiring an additional 2,889 shares during the period. Metis Global Partners LLC raised its position in shares of National Storage Affiliates Trust by 36.5% in the 3rd quarter. Metis Global Partners LLC now owns 15,865 shares of the real estate investment trust’s stock worth $479,000 after acquiring an additional 4,242 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in National Storage Affiliates Trust in the third quarter worth $687,000. Finally, Navellier & Associates Inc. grew its holdings in National Storage Affiliates Trust by 24.2% in the third quarter. Navellier & Associates Inc. now owns 15,087 shares of the real estate investment trust’s stock worth $456,000 after purchasing an additional 2,941 shares during the period. Hedge funds and other institutional investors own 99.97% of the company’s stock.

National Storage Affiliates Trust Price Performance

Shares of National Storage Affiliates Trust stock opened at $35.05 on Friday. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 2.74. National Storage Affiliates Trust has a 52 week low of $27.43 and a 52 week high of $40.62. The stock’s 50-day simple moving average is $31.82 and its 200-day simple moving average is $30.92. The company has a market capitalization of $2.70 billion, a price-to-earnings ratio of 50.80 and a beta of 1.19.

National Storage Affiliates Trust (NYSE:NSA) last posted its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. The business had revenue of $187.03 million during the quarter, compared to the consensus estimate of $187.24 million. National Storage Affiliates Trust had a return on equity of 5.69% and a net margin of 9.80%.The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.60 EPS. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. As a group, analysts expect that National Storage Affiliates Trust will post 2.4 earnings per share for the current fiscal year.

National Storage Affiliates Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, March 13th. National Storage Affiliates Trust’s dividend payout ratio is 330.43%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Wolfe Research raised National Storage Affiliates Trust from an “underperform” rating to a “peer perform” rating in a report on Monday, January 26th. UBS Group reduced their price objective on shares of National Storage Affiliates Trust from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. National Bank Financial set a $32.00 price target on shares of National Storage Affiliates Trust in a report on Friday, December 5th. Truist Financial upped their price objective on National Storage Affiliates Trust from $30.00 to $33.00 and gave the company a “hold” rating in a research report on Tuesday, January 20th. Finally, Wall Street Zen downgraded National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a research note on Saturday. Ten analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $32.30.

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.