Crawford Investment Counsel Inc. Sells 18,415 Shares of National Storage Affiliates Trust $NSA

Crawford Investment Counsel Inc. trimmed its position in National Storage Affiliates Trust (NYSE:NSA) by 11.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 148,768 shares of the real estate investment trust’s stock after selling 18,415 shares during the period. Crawford Investment Counsel Inc.’s holdings in National Storage Affiliates Trust were worth $4,496,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Advisors Asset Management Inc. bought a new position in shares of National Storage Affiliates Trust during the first quarter valued at $32,000. Farther Finance Advisors LLC boosted its holdings in National Storage Affiliates Trust by 339.6% in the third quarter. Farther Finance Advisors LLC now owns 822 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 635 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in National Storage Affiliates Trust by 207.3% in 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 last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in National Storage Affiliates Trust during the 3rd quarter valued at approximately $41,000. Finally, Parallel Advisors LLC increased its position in 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 valued at $43,000 after purchasing an additional 424 shares during the period. Institutional investors own 99.97% of the company’s stock.

National Storage Affiliates Trust Stock Performance

Shares of NSA stock opened at $30.95 on Monday. The firm has a 50 day moving average of $32.88 and a 200-day moving average of $31.08. The company has a market cap of $2.39 billion, a price-to-earnings ratio of 44.85 and a beta of 1.17. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 2.86. National Storage Affiliates Trust has a 52 week low of $27.43 and a 52 week high of $39.73.

National Storage Affiliates Trust (NYSE:NSA) last released its earnings results 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 company had revenue of $187.03 million for the quarter, compared to the consensus estimate of $187.24 million. National Storage Affiliates Trust had a net margin of 9.80% and a return on equity of 5.81%. National Storage Affiliates Trust’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.60 EPS. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. On average, equities analysts forecast that National Storage Affiliates Trust will post 2.4 earnings per share for the current year.

National Storage Affiliates Trust Announces Dividend

The business 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. The ex-dividend date is Friday, March 13th. This represents a $2.28 annualized dividend and a dividend yield of 7.4%. National Storage Affiliates Trust’s dividend payout ratio is currently 330.43%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on NSA shares. National Bank Financial set a $32.00 price target on shares of National Storage Affiliates Trust in a research report on Friday, December 5th. 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. Wolfe Research raised shares of National Storage Affiliates Trust from an “underperform” rating to a “peer perform” rating in a research note on Monday, January 26th. Mizuho boosted their target price on shares of National Storage Affiliates Trust from $30.00 to $32.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Finally, Zacks Research raised shares of National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Ten analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, National Storage Affiliates Trust currently has a consensus rating of “Reduce” and an average price target of $32.80.

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.