Tamara D. Fischer Acquires 400 Shares of National Storage Affiliates Trust (NYSE:NSA) Stock

National Storage Affiliates Trust (NYSE:NSA) CFO Tamara D. Fischer acquired 400 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was bought at an average price of $33.00 per share, with a total value of $13,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

National Storage Affiliates Trust stock opened at $32.32 on Friday. The firm has a 50 day simple moving average of $33.94 and a 200-day simple moving average of $31.40. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.64 and a quick ratio of 0.37. The stock has a market capitalization of $1.95 billion, a PE ratio of 23.42, a price-to-earnings-growth ratio of 4.18 and a beta of 0.32. National Storage Affiliates Trust has a 12-month low of $25.11 and a 12-month high of $35.76.

National Storage Affiliates Trust (NYSE:NSA) last posted its quarterly earnings data on Thursday, October 31st. The real estate investment trust reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.59). National Storage Affiliates Trust had a negative net margin of 4.87% and a negative return on equity of 1.45%. The company had revenue of $101.34 million during the quarter, compared to the consensus estimate of $100.49 million. During the same quarter last year, the business earned $0.36 earnings per share. The company’s revenue was up 18.7% on a year-over-year basis. On average, analysts forecast that National Storage Affiliates Trust will post 1.53 earnings per share for the current fiscal year.

A number of hedge funds have recently added to or reduced their stakes in the stock. Forward Management LLC lifted its stake in National Storage Affiliates Trust by 7.5% during the third quarter. Forward Management LLC now owns 21,540 shares of the real estate investment trust’s stock valued at $718,000 after purchasing an additional 1,500 shares during the last quarter. TimesSquare Capital Management LLC lifted its stake in National Storage Affiliates Trust by 6.3% during the third quarter. TimesSquare Capital Management LLC now owns 730,095 shares of the real estate investment trust’s stock valued at $24,363,000 after purchasing an additional 43,000 shares during the last quarter. Boston Advisors LLC lifted its stake in National Storage Affiliates Trust by 33.0% during the third quarter. Boston Advisors LLC now owns 59,919 shares of the real estate investment trust’s stock valued at $1,999,000 after purchasing an additional 14,863 shares during the last quarter. Mason Street Advisors LLC lifted its stake in National Storage Affiliates Trust by 6.0% during the third quarter. Mason Street Advisors LLC now owns 20,134 shares of the real estate investment trust’s stock valued at $672,000 after purchasing an additional 1,147 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in National Storage Affiliates Trust by 70.2% during the third quarter. SG Americas Securities LLC now owns 9,638 shares of the real estate investment trust’s stock valued at $322,000 after purchasing an additional 3,974 shares during the last quarter. 93.20% of the stock is owned by institutional investors and hedge funds.

Several research firms have recently issued reports on NSA. Stifel Nicolaus began coverage on shares of National Storage Affiliates Trust in a report on Monday, August 19th. They issued a “buy” rating and a $36.00 price objective for the company. ValuEngine cut shares of National Storage Affiliates Trust from a “buy” rating to a “hold” rating in a report on Wednesday, September 4th. Wells Fargo & Co increased their price objective on shares of National Storage Affiliates Trust from $32.00 to $36.00 and gave the company an “outperform” rating in a report on Wednesday, August 21st. BMO Capital Markets reiterated a “hold” rating and issued a $26.00 price objective on shares of National Storage Affiliates Trust in a report on Thursday, October 31st. Finally, Morgan Stanley increased their price objective on shares of National Storage Affiliates Trust from $27.00 to $32.00 and gave the company an “equal weight” rating in a report on Monday, September 16th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $34.00.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. The Company currently holds ownership interests in and operates 709 self storage properties located in 35 states and Puerto Rico with approximately 44.9 million rentable square feet.

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