Hsbc Holdings PLC acquires 43,684 National Storage Affiliates Trust shares (NYSE:NSA)

February 28, 2023

According to the most recent SEC filing that the company has made, during the third quarter of 2018, HSBC Holdings PLC increased the percentage of its holdings in National Storage Affiliates Trust (NYSE: NSA) by 155.5%.

As a result of the purchase of an additional 43,684 shares of the real estate investment trust over the quarter, the company now has 71,775 shares of the REIT in its possession.

According to the most recent filing that Hsbc Holdings PLC submitted to the SEC, the company owned approximately 0.08% of National Storage Affiliates Trust, which had a value of $2,980,000 at the time of the filing.

The amount of the company’s stock that hedge funds and other institutional investors held in their portfolios was recently adjusted due to recent market events. Vanguard Group INC increased the amount of National Storage Affiliates Trust stock that is owned by 1.4% over the first three months of 2018.

There are currently 13,004,835 shares of the real estate investment trust owned by Vanguard Group INC These shares have a value of $816,183,000.

This objective was accomplished during the most recent quarter by purchasing 179,504 additional shares in the company.

The value of State Street Corporation’s holdings in National Storage Affiliates Trust increased by 14.1% during the first three months of 2018. State Street Corporation now holds 4,844,317 shares of the real estate investment trust following the purchase of an additional 598,640 shares during the most recent quarter.

The value of these shares has increased to $304,029,000 due to this increase.

During the first three months of 2018, Invesco Ltd increased the number of shares it held in National Storage Affiliates Trust by 4.9%, bringing the total number of shares it held to 1.

Invesco Ltd now has 2,638,737 real estate investment trust shares following the purchase of an additional 122,899 shares during the most recent quarter.

The shares have a total value of $165,608,000 due to the total amount they are worth.
During the second quarter, Thrivent Financial for Lutherans increased the proportion of its holdings in National Storage Affiliates Trust by 1.6%.

Thrivent Financial for Lutherans now has 1,912,834 real estate investment trust shares thanks to purchasing an additional 29,968 shares during the most recent quarter.

The value of Thrivent Financial’s holdings in the REIT for Lutherans is $95,776,000.

Last but not least, during the first three months of this year, Charles Schwab Investment Management INC saw an increase of 3.3% in its ownership stake in National Storage Affiliates Trust. Charles Schwab Investment Management INC now has 1,348,731 real estate investment trust shares.

The value of these shares is $84,647,000 after Charles Schwab Investment Management INC purchased an additional 42,770 shares during the most recent quarter.

The majority of the shares in the company are owned by institutional investors and hedge funds, which account for 85.26 percent of the total.
In other news about the company, company director Chad Leroy Meisinger purchased 30,000 shares of the company’s stock on December 12. When the stock was purchased for a total of $1,158,300, the price that determined to be the average cost per share was determined to be $38.61.

Because of the recent acquisition that was completed, the director now has direct control over 70,750 shares of the company’s stock.

These shares currently have a market value of approximately $2,731,657.50.

A copy of the official paperwork used to disclose the acquisition can be found on the Securities and Exchange Commission (SEC) website.

In other news about the company, company director Chad Leroy Meisinger purchased 30,000 shares of the company’s stock on December 12.

It costs $1,158,300.00 to buy the shares, which works out to an average price of $38.61 per share when divided among all the shares.

The director is now the owner of 70,750 shares of the company, and the total value of those shares is $2,731,657.50 thanks to the acquisition.

Access to the legal file that details the transaction’s disclosure can be gained through the Securities and Exchange Commission’s (SEC) website.

This file can be found on the website.

Arlen Dale Nordhagen, currently serving as the chairman of the company, purchased an additional 21,500 shares of the company’s stock on Friday, December 16.

The price paid for each share throughout the acquisition was an average of $36.77, bringing the total cost to $790,555.00.

As a result of the acquisition, the company’s chairman now has direct ownership of 4,086,351 shares.

Each of these shares has a market value of approximately $150,255,126.27. You should be able to locate the disclosure concerning this transaction in the following location: The company’s current and former employees hold an 11.80% stake in the company’s equity.
On Monday, NSA stock began trading for $41.41, which remained unchanged throughout the day.

There is a debt-to-equity ratio of 1.58, a quick ratio of 0.40, and a current ratio of 0.40.

Each of these ratios is also equal to the other. Over the past year, the price of National Storage Affiliates Trust has ranged from a historic low of $34.90 to a historical high of $67.44.

The company has seen a moving average of $42.20 over the past 200 days, while the moving average over the last fifty days has been $38.93.

The company’s price-to-earnings ratio is currently 44.05, and its market capitalization is $3.76 billion at present.

It has a beta value of 0.73, and its price-to-earnings-growth ratio is 2.10, which measures the rate of earnings expansion.

In addition, the corporation has decided to start paying out a quarterly dividend, which is scheduled for the 30th of this month.

Investors will start receiving a dividend payment on March 15, equivalent to $0.55 per share they own.

This translates to a yield of 5.31 percent and an annual dividend payment of $2.20. On March 14, shareholders are no longer entitled to dividend payments.

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