According to the Public Employees Retirement System of Ohio’s most recent 13F filing with the Securities and Exchange Commission, the organization decreased the amount of money it had invested in National Storage Affiliates Trust (NYSE: NSA) by 3.4% during the third quarter.
This information was gleaned from the filing that was made.
The institutional investor now has a total of 177,154 shares of the stock of the real estate investment trust in their possession after selling 6,187 shares during the quarter.
This brings the investor’s total number of shares owned in the REIT to 177,154.
According to the most recent SEC filing that the Public Employees Retirement System of Ohio made, the PERS held approximately 0.19% of the National Storage Affiliates Trust, which currently has a market value of $7,366,000.
The National Security Agency has been the focus of much research conducted by analysts. Citigroup stated its intention to reduce its National Storage Affiliates Trust price target from $56.50 to $41.00 in a research note published on December 14th. On January 17th, Wolfe Research published a note announcing that it would begin covering National Storage Affiliates Trust shares.
This news was released on Tuesday.
Their report rated the stock as “peer perform,” which indicates that it is performing similarly to other stocks.
In a research report released on December 7th, Capital One Financial reaffirmed its recommendation of “overweight” on National Storage Affiliates Trust shares.
The rating that StockNews.com had previously assigned to National Storage Affiliates Trust shares was changed from a “sell” rating to a “hold” one in a research note published on February 28th. StockNews.com made this adjustment.
In the end, Robert W.
Baird lowered their price target on National Storage Affiliates Trust from $62.00 to $45.00 in a research note published on Friday, December 2nd.
Additionally, they moved the stock rating from “outperform” to “neutral,” reflecting their lack of optimism regarding its future performance. Seven market analysts have recommended that investors “hold” their current position in the stock, while four have recommended that investors “buy” the security.
The company’s stock currently carries the rating of “Hold,” The price target has been established at $47.89, as indicated by information made available by Bloomberg.
The number of hedge funds has increased or decreased their stakes in the company over the past few months.
During the third quarter, Algert Global LLC increased its shares in National Storage Affiliates Trust by 11.9%.
Algert Global LLC now has 72,966 real estate investment trust shares, valued at $3,034,000, thanks to purchasing an additional 7,735 shares during the most recent quarter.
To bring its total investment in National Storage Affiliates Trust up to approximately $2,012,000, Castellan Group made an additional investment during the third quarter of approximately $2,012,000, bringing its total investment amount to approximately $2,012,000.
During the third quarter, Thrivent Financial for Lutherans increased the percentage of National Storage Affiliates Trust in which it was invested by 6.6%.
Thrivent Financial for Lutherans now has 2,039,540 real estate investment trust shares following an additional purchase of 126,706 shares during the most recent quarter.
The shares have a total value of $84,804,000 because the company has a total of 2,039,540.
During the third quarter, Two Sigma Advisers LP increased the number of shares it owned in National Storage Affiliates Trust by 3.2%.
Two Sigma Advisers LP now has 588,200 real estate investment trust shares following the purchase of an additional 18,300 shares during the most recent quarter.
The value of the firm’s complete holdings in the REIT comes to a total of $24,457,000.
Last but not least, Price T. Rowe Associates INC (MD) increased the percentage of National Storage Affiliates Trust shares it owned by 8.9% during the third quarter.
This is not to say that this is the least important thing during this period.
After purchasing 3,784 additional shares during the most recent fiscal quarter, Price T. Rowe Associates INC, MD, now holds 46,517 real estate investment trust shares.
The total value of these shares brings the company’s holdings to $1,935,000.
There is currently, 85.26 percent of the company’s stock held by institutional investors and investors from hedge funds.
NSA shares were priced at $41.24 each when trading started on Tuesday.
The company has a price-to-earnings ratio of 41.24, a price-to-earnings-to-growth ratio of 2.07, and a beta value of 0.72.
Its market capitalization is $3.71 billion, and its price-to-earnings ratio is 2.07.
The company’s moving average over the past 50 days is $40.34, and the moving average over the past 200 days is $41.06.
The share price of National Storage Affiliates Trust dropped to a 52-week low of $34.90, while it reached a 52-week high of $67.44 during the same period.
The debt-to-equity ratio is 1.64, the quick ratio is 0.53, and the current and quick ratios are also 0.53.
The percentage difference between each of the three ratios is the same.
The most recent quarterly results report that National Storage Affiliates Trust (NYSE: NSA) has made public was published on February 28th.
Earnings of $0.31 per share (EPS) were reported by the real estate investment trust (REIT) for the quarter, which fell short of the predictions made by industry analysts, which were $0.71 per share.
The sales for the company during the quarter came in significantly higher than the predictions of $204.82 million that were made by the analysts, coming in instead at $208.72 million. While National Storage Affiliates Trust had an equity return of 4.64%, the company’s net margin came in at 12.94%.
The company’s revenue for the period in question rose by 20.2% when measured against the same period in the prior year.
The company reported a profit of $0.64 per share for the same period in the prior year’s financial statements.
According to financial experts’ forecasts, the current fiscal year of National Storage Affiliates Trust is expected to result in earnings of 2.85 cents per share.
In addition, the company has announced a quarterly dividend, which will be distributed on the 30th of this month and every three months after that. On March 15th, the dividend payment of $0.55 will be distributed to stockholders currently on record.
This dividend’s “ex-dividend” status will be applied as of March 14th, a Tuesday.
This equates to a dividend payment of $2.20 per year and a dividend yield of 5.33 percent if we look at things annually.
This brings National Storage Affiliates Trust’s dividend payout ratio (DPR) up to 220.00%.
