Hsbc Holdings PLC Boosts Stake in CubeSmart $CUBE

Posted by George Bondi on Jun 23rd, 2026

Hsbc Holdings PLC lifted its position in CubeSmart (NYSE:CUBE – Free Report) by 73.6% in the 4th quarter, Holdings Channel reports. The fund owned 1,726,419 shares of the real estate investment trust’s stock after acquiring an additional 731,883 shares during the quarter. Hsbc Holdings PLC’s holdings in CubeSmart were worth $62,260,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in CUBE. Cetera Investment Advisers boosted its position in shares of CubeSmart by 1.6% during the second quarter. Cetera Investment Advisers now owns 17,212 shares of the real estate investment trust’s stock valued at $731,000 after purchasing an additional 265 shares in the last quarter. Crossmark Global Holdings Inc. raised its holdings in CubeSmart by 1.8% in the third quarter. Crossmark Global Holdings Inc. now owns 16,357 shares of the real estate investment trust’s stock worth $665,000 after purchasing an additional 282 shares in the last quarter. Huntington National Bank lifted its position in CubeSmart by 43.3% during the third 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 during the period. Pacific Sun Financial Corp lifted its position in CubeSmart by 6.6% during the third quarter. Pacific Sun Financial Corp now owns 5,022 shares of the real estate investment trust’s stock valued at $204,000 after buying an additional 310 shares during the period. Finally, Fifth Third Bancorp boosted its holdings in shares of CubeSmart by 16.9% during the 4th quarter. Fifth Third Bancorp now owns 2,319 shares of the real estate investment trust’s stock valued at $84,000 after buying an additional 335 shares in the last quarter. Hedge funds and other institutional investors own 97.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CUBE shares. Wells Fargo & Company upped their target price on shares of CubeSmart from $39.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. UBS Group lifted their price target on shares of CubeSmart from $37.00 to $41.00 and gave the company a “neutral” rating in a research report on Monday, May 18th. Royal Bank Of Canada reissued an “outperform” rating and set a $46.00 price objective on shares of CubeSmart in a research note on Monday, May 4th. Truist Financial upped their price objective on shares of CubeSmart from $41.00 to $43.00 and gave the stock a “buy” rating in a report on Wednesday, June 17th. Finally, Barclays raised their target price on shares of CubeSmart from $43.00 to $45.00 and gave the company an “equal weight” rating in a research note on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $43.00.

View Our Latest Stock Analysis on CubeSmart

CubeSmart Trading Down 0.4%

CubeSmart stock opened at $40.46 on Tuesday. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 1.29. The business’s fifty day simple moving average is $40.00 and its two-hundred day simple moving average is $38.56. CubeSmart has a 12 month low of $35.09 and a 12 month high of $43.63. The company has a market capitalization of $9.16 billion, a price-to-earnings ratio of 28.50, a price-to-earnings-growth ratio of 7.01 and a beta of 1.09.

CubeSmart (NYSE:CUBE – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.02. CubeSmart had a return on equity of 11.84% and a net margin of 28.93%.The firm had revenue of $281.93 million during the quarter, compared to the consensus estimate of $275.25 million. During the same period last year, the company earned $0.64 earnings per share. The company’s revenue was up 3.3% on a year-over-year basis. 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 predict that CubeSmart will post 2.58 earnings per share for the current fiscal year.

CubeSmart Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Wednesday, July 1st. CubeSmart’s dividend payout ratio is 149.30%.

CubeSmart Profile

(Free Report)

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.