CubeSmart $CUBE Stock Position Raised by Vestcor Inc

Posted by on Jun 7th, 2026

Vestcor Inc boosted its stake in CubeSmart (NYSE:CUBE – Free Report) by 90.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 104,288 shares of the real estate investment trust’s stock after acquiring an additional 49,646 shares during the quarter. Vestcor Inc’s holdings in CubeSmart were worth $3,760,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cetera Investment Advisers lifted its position in CubeSmart by 1.6% in the 2nd quarter. Cetera Investment Advisers now owns 17,212 shares of the real estate investment trust’s stock worth $731,000 after buying an additional 265 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in CubeSmart by 1.8% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 16,357 shares of the real estate investment trust’s stock worth $665,000 after buying an additional 282 shares in the last quarter. Huntington National Bank lifted its position in CubeSmart by 43.3% in the 3rd quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock worth $40,000 after buying an additional 295 shares in the last quarter. Pacific Sun Financial Corp lifted its position in CubeSmart by 6.6% in the 3rd quarter. Pacific Sun Financial Corp now owns 5,022 shares of the real estate investment trust’s stock worth $204,000 after buying an additional 310 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in CubeSmart by 16.9% in the 4th quarter. Fifth Third Bancorp now owns 2,319 shares of the real estate investment trust’s stock worth $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.

CubeSmart Stock Up 1.1%

CubeSmart stock opened at $40.43 on Friday. The company has a market capitalization of $9.15 billion, a P/E ratio of 28.47, a P/E/G ratio of 6.97 and a beta of 1.09. The firm’s fifty day simple moving average is $39.13 and its 200-day simple moving average is $38.21. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 1.29. CubeSmart has a 1-year low of $35.09 and a 1-year high of $44.13.

CubeSmart (NYSE:CUBE – Get Free Report) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.02. CubeSmart had a net margin of 28.93% and a return on equity of 11.84%. The business had revenue of $281.93 million for the quarter, compared to analyst estimates of $275.25 million. During the same period last year, the business posted $0.64 EPS. CubeSmart’s revenue was up 3.3% compared to the same quarter last year. CubeSmart has set its FY 2026 guidance at 2.520-2.600 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. Sell-side analysts forecast that CubeSmart will post 2.58 earnings per share for the current fiscal year.

CubeSmart Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be paid a $0.53 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $2.12 dividend on an annualized basis and a yield of 5.2%. CubeSmart’s dividend payout ratio (DPR) is presently 149.30%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. UBS Group increased their target price on shares of CubeSmart from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. Wall Street Zen upgraded shares of CubeSmart from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $46.00 target price on shares of CubeSmart in a research report on Monday, May 4th. Barclays raised their price target on shares of CubeSmart from $43.00 to $45.00 and gave the company an “equal weight” rating in a report on Thursday, March 5th. Finally, Scotiabank upgraded shares of CubeSmart to a “hold” rating in a report on Thursday, March 19th. Five investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $43.42.

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CubeSmart Company 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.

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Institutional Ownership by Quarter for CubeSmart (NYSE:CUBE)

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