16,172 Shares in CubeSmart $CUBE Purchased by West Family Investments Inc.

Posted by on Sep 8th, 2026

West Family Investments Inc. purchased a new position in CubeSmart (NYSE:CUBE – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 16,172 shares of the real estate investment trust’s stock, valued at approximately $643,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Ieq Capital LLC acquired a new stake in shares of CubeSmart during the 2nd quarter valued at $9,966,000. Legal & General Group Plc increased its stake in shares of CubeSmart by 16.3% in the fourth quarter. Legal & General Group Plc now owns 1,381,625 shares of the real estate investment trust’s stock worth $49,808,000 after acquiring an additional 193,467 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of CubeSmart by 2,806.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 228,407 shares of the real estate investment trust’s stock worth $8,234,000 after acquiring an additional 220,549 shares in the last quarter. Lasalle Investment Management Securities LLC raised its holdings in shares of CubeSmart by 3.0% during the fourth quarter. Lasalle Investment Management Securities LLC now owns 1,080,351 shares of the real estate investment trust’s stock worth $38,947,000 after acquiring an additional 31,187 shares in the last quarter. Finally, M&T Bank Corp acquired a new stake in CubeSmart during the fourth quarter valued at $1,036,000. 97.61% of the stock is owned by hedge funds and other institutional investors.

CubeSmart Stock Performance

CUBE traded up $0.17 during trading on Tuesday, reaching $39.67. 2,630,504 shares of the company’s stock were exchanged, compared to its average volume of 2,232,475. The company has a market capitalization of $8.93 billion, a P/E ratio of 27.36, a PEG ratio of 6.50 and a beta of 1.05. The business has a 50 day moving average price of $40.93 and a 200 day moving average price of $39.98. CubeSmart has a fifty-two week low of $35.09 and a fifty-two week high of $43.26. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 1.34.

CubeSmart (NYSE:CUBE – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The real estate investment trust reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.25). CubeSmart had a return on equity of 12.35% and a net margin of 29.41%.The business had revenue of $286.49 million for the quarter, compared to the consensus estimate of $281.12 million. During the same quarter in the prior year, the business earned $0.65 EPS. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. CubeSmart has set its Q3 2026 guidance at 0.640-0.660 EPS and its FY 2026 guidance at 2.540-2.600 EPS. As a group, analysts predict that CubeSmart will post 2.57 earnings per share for the current fiscal year.

CubeSmart Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.53 per share. The ex-dividend date is Thursday, October 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.3%. CubeSmart’s payout ratio is presently 146.21%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Evercore set a $47.00 price target on CubeSmart in a research note on Monday, July 6th. Raymond James Financial initiated coverage on CubeSmart in a report on Wednesday, July 15th. They issued an “outperform” rating and a $44.00 price objective on the stock. Mizuho cut their price objective on shares of CubeSmart from $42.00 to $41.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 2nd. Wells Fargo & Company lifted their target price on shares of CubeSmart from $40.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $47.00 price target on shares of CubeSmart in a research note on Tuesday, August 4th. Six equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $43.45.

View Our Latest Stock Report on CubeSmart

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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