National Storage Affiliates Trust $NSA Shares Sold by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd reduced its stake in shares of National Storage Affiliates Trust (NYSE:NSA) by 10.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 109,601 shares of the real estate investment trust’s stock after selling 13,173 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in National Storage Affiliates Trust were worth $3,092,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NSA. Royal Bank of Canada increased its holdings in National Storage Affiliates Trust by 0.8% during the 1st quarter. Royal Bank of Canada now owns 110,289 shares of the real estate investment trust’s stock valued at $4,345,000 after acquiring an additional 898 shares in the last quarter. Advisors Asset Management Inc. acquired a new stake in shares of National Storage Affiliates Trust in the first quarter valued at approximately $32,000. Jones Financial Companies Lllp grew its position in shares of 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 purchasing an additional 821 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in National Storage Affiliates Trust by 42.5% during the first quarter. Goldman Sachs Group Inc. now owns 92,309 shares of the real estate investment trust’s stock worth $3,637,000 after acquiring an additional 27,546 shares during the last quarter. Finally, Empowered Funds LLC boosted its position in National Storage Affiliates Trust by 2.0% during the first quarter. Empowered Funds LLC now owns 61,409 shares of the real estate investment trust’s stock worth $2,420,000 after acquiring an additional 1,209 shares during the last quarter. 99.97% of the stock is currently owned by institutional investors and hedge funds.

National Storage Affiliates Trust Stock Down 1.7%

Shares of NSA opened at $42.48 on Thursday. The firm has a market cap of $3.28 billion, a PE ratio of 61.56 and a beta of 1.08. The company’s fifty day moving average is $37.21 and its two-hundred day moving average is $32.78. National Storage Affiliates Trust has a fifty-two week low of $27.43 and a fifty-two week high of $44.01. 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 (NYSE:NSA) last announced its quarterly earnings results on Wednesday, February 25th. The real estate investment trust reported $0.57 earnings per share 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 analyst estimates 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 revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the business earned $0.60 EPS. National Storage Affiliates Trust has set its FY 2026 guidance at 2.130-2.250 EPS. Analysts forecast that National Storage Affiliates Trust will post 2.2 earnings per share for the current year.

National Storage Affiliates Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date was Friday, March 13th. National Storage Affiliates Trust’s dividend payout ratio (DPR) is 330.43%.

Analyst Upgrades and Downgrades

NSA has been the topic of a number of analyst reports. Wolfe Research upgraded shares of National Storage Affiliates Trust from an “underperform” rating to a “peer perform” rating in a research report on Monday, January 26th. Weiss Ratings restated a “hold (c-)” rating on shares of National Storage Affiliates Trust in a research report on Thursday, January 22nd. Evercore upgraded shares of National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a report on Tuesday, March 17th. BNP Paribas Exane upgraded shares of National Storage Affiliates Trust from an “underperform” rating to a “neutral” rating and set a $41.00 price target on the stock in a report on Monday, March 16th. Finally, Mizuho lifted their price target 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. Twelve investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, National Storage Affiliates Trust has a consensus rating of “Reduce” and a consensus target price of $33.90.

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.