Pacer Advisors Inc. Has $4.99 Million Position in CubeSmart $CUBE

Pacer Advisors Inc. cut its holdings in shares of CubeSmart (NYSE:CUBE) by 12.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 138,343 shares of the real estate investment trust’s stock after selling 20,440 shares during the quarter. Pacer Advisors Inc. owned about 0.06% of CubeSmart worth $4,987,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Wiser Advisor Group LLC acquired a new position in CubeSmart in the 3rd quarter valued at $28,000. Geneos Wealth Management Inc. grew its holdings in CubeSmart by 174.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 568 shares in the last quarter. Huntington National Bank grew its holdings in CubeSmart by 43.3% in the 3rd quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 295 shares in the last quarter. Avalon Trust Co acquired a new position in CubeSmart in the 3rd quarter valued at $51,000. Finally, Syntax Research Inc. acquired a new position in CubeSmart in the 3rd quarter valued at $71,000. 97.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

CUBE has been the topic of a number of research reports. Wall Street Zen raised CubeSmart from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Wells Fargo & Company decreased their price objective on CubeSmart from $40.00 to $39.00 and set an “equal weight” rating on the stock in a report on Thursday, April 16th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $46.00 price objective on shares of CubeSmart in a report on Monday, May 4th. Barclays upped their price objective on CubeSmart from $43.00 to $45.00 and gave the company an “equal weight” rating in a report on Thursday, March 5th. Finally, Wolfe Research lowered CubeSmart from an “outperform” rating to a “peer perform” rating in a report on Monday, January 26th. Five analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $43.08.

CubeSmart Stock Performance

NYSE:CUBE opened at $39.85 on Thursday. The stock has a fifty day moving average price of $38.82 and a 200-day moving average price of $38.04. The company has a market cap of $9.02 billion, a price-to-earnings ratio of 28.07, a PEG ratio of 7.09 and a beta of 1.11. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.04 and a current ratio of 0.04. CubeSmart has a fifty-two week low of $35.09 and a fifty-two week high of $44.13.

CubeSmart (NYSE:CUBE) last released its earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.02. The firm had revenue of $281.93 million during the quarter, compared to the consensus estimate of $275.25 million. CubeSmart had a return on equity of 11.84% and a net margin of 28.93%.The company’s revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.64 EPS. CubeSmart has set its FY 2026 guidance at 2.520-2.600 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. As a group, equities analysts anticipate that CubeSmart will post 2.57 EPS for the current fiscal year.

CubeSmart Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Wednesday, April 1st. CubeSmart’s dividend payout ratio is presently 149.30%.

Insider Buying and Selling at CubeSmart

In other news, insider Jeffrey P. Foster sold 23,148 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $41.02, for a total transaction of $949,530.96. Following the completion of the sale, the insider directly owned 205,057 shares in the company, valued at approximately $8,411,438.14. This represents a 10.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.76% of the company’s stock.

CubeSmart Company Profile

CubeSmart (NYSE: CUBE) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and management of self-storage facilities across the United States. The company’s portfolio comprises properties in primary and secondary markets, catering to both individual and business customers seeking flexible, short-term and long-term storage solutions. CubeSmart’s facilities feature a range of unit sizes, climate-controlled options and advanced security features, supported by on-site managers and centralized customer service operations.

In addition to traditional self-storage units, CubeSmart offers specialty services such as vehicle and boat storage, retail sales of packing and moving supplies, and tenant insurance programs.