GSA Capital Partners LLP Purchased $270,000 in National Storage Affiliates Trust (NSA)

GSA Capital Partners LLP Purchased $270,000 in National Storage Affiliates Trust (NSA)

GSA Capital Partners LLP bought a new stake in shares of National Storage Affiliates Trust (NYSE:NSA) during the fourth quarter, Holdings Channel reports. The fund bought 12,227 shares of the real estate investment trust’s stock, valued at approximately $270,000.

Several other institutional investors have also bought and sold shares of NSA. New Mexico Educational Retirement Board boosted its position in National Storage Affiliates Trust by 45.5% in the third quarter. New Mexico Educational Retirement Board now owns 4,800 shares of the real estate investment trust’s stock valued at $101,000 after buying an additional 1,500 shares during the period. PNC Financial Services Group Inc. boosted its position in National Storage Affiliates Trust by 504.9% in the third quarter. PNC Financial Services Group Inc. now owns 7,640 shares of the real estate investment trust’s stock valued at $159,000 after buying an additional 6,377 shares during the period. Martingale Asset Management L P acquired a new position in National Storage Affiliates Trust during the fourth quarter valued at about $217,000. Alpine Woods Capital Investors LLC acquired a new position in National Storage Affiliates Trust during the third quarter valued at about $251,000. Finally, Seizert Capital Partners LLC acquired a new position in National Storage Affiliates Trust during the third quarter valued at about $279,000. 77.22% of the stock is currently owned by hedge funds and other institutional investors.

Shares of National Storage Affiliates Trust (NYSE:NSA) opened at 23.90 on Friday. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 76.11 and a beta of 0.72. The company’s 50 day moving average price is $23.73 and its 200 day moving average price is $21.60. National Storage Affiliates Trust has a 52-week low of $18.81 and a 52-week high of $24.86.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 30th. Stockholders of record on Wednesday, March 15th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 4.02%. The ex-dividend date of this dividend was Monday, March 13th. National Storage Affiliates Trust’s dividend payout ratio is currently 417.39%.

Several research firms have recently issued reports on NSA. Zacks Investment Research cut National Storage Affiliates Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, February 14th. Jefferies Group LLC reissued a “buy” rating and set a $26.00 target price (up from $24.00) on shares of National Storage Affiliates Trust in a research note on Tuesday, December 13th. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. National Storage Affiliates Trust has a consensus rating of “Buy” and a consensus price target of $24.29.

In related news, Director Mourick Mark Van sold 21,750 shares of the company’s stock in a transaction that occurred on Wednesday, March 15th. The stock was sold at an average price of $23.00, for a total value of $500,250.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 17.70% of the company’s stock.

National Storage Affiliates Trust Company Profile

National Storage Affiliates Trust is an integrated, self-administered and self-managed real estate investment trust. The Company is focused on the ownership, operation and acquisition of self-storage properties located within various metropolitan statistical areas (MSAs) across the United States. The Company’s segment consists of investments in self-storage properties located in the United States.

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