Nisa Investment Advisors LLC Has $527,000 Holdings in National Storage Affiliates Trust (NSA)

Nisa Investment Advisors LLC raised its position in shares of National Storage Affiliates Trust (NYSE:NSA) by 1,170.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,710 shares of the real estate investment trust’s stock after acquiring an additional 19,080 shares during the period. Nisa Investment Advisors LLC’s holdings in National Storage Affiliates Trust were worth $527,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of NSA. BlackRock Inc. grew its holdings in shares of National Storage Affiliates Trust by 4.9% in the second quarter. BlackRock Inc. now owns 9,188,151 shares of the real estate investment trust’s stock worth $283,180,000 after purchasing an additional 429,056 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of National Storage Affiliates Trust by 43.1% in the second quarter. Wells Fargo & Company MN now owns 385,038 shares of the real estate investment trust’s stock worth $11,867,000 after purchasing an additional 115,958 shares during the last quarter. Wasatch Advisors Inc. grew its holdings in shares of National Storage Affiliates Trust by 15.6% in the second quarter. Wasatch Advisors Inc. now owns 605,187 shares of the real estate investment trust’s stock worth $18,652,000 after purchasing an additional 81,852 shares during the last quarter. Virginia Retirement Systems ET AL grew its holdings in shares of National Storage Affiliates Trust by 62.1% in the second quarter. Virginia Retirement Systems ET AL now owns 137,300 shares of the real estate investment trust’s stock worth $4,232,000 after purchasing an additional 52,600 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of National Storage Affiliates Trust by 24.3% in the first quarter. Legal & General Group Plc now owns 237,566 shares of the real estate investment trust’s stock worth $5,966,000 after purchasing an additional 46,484 shares during the last quarter. Hedge funds and other institutional investors own 85.30% of the company’s stock.

Shares of National Storage Affiliates Trust stock opened at $27.31 on Wednesday. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. National Storage Affiliates Trust has a 1 year low of $23.10 and a 1 year high of $32.28. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of 22.02, a price-to-earnings-growth ratio of 2.53 and a beta of 0.48.

National Storage Affiliates Trust (NYSE:NSA) last issued its earnings results on Monday, August 6th. The real estate investment trust reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.27). National Storage Affiliates Trust had a return on equity of 1.29% and a net margin of 4.63%. The business had revenue of $79.72 million for the quarter, compared to the consensus estimate of $79.68 million. During the same quarter in the previous year, the company earned $0.31 earnings per share. The firm’s revenue was up 23.9% on a year-over-year basis. As a group, equities research analysts forecast that National Storage Affiliates Trust will post 1.35 earnings per share for the current fiscal year.

In other National Storage Affiliates Trust news, Director Chad Leroy Meisinger bought 10,000 shares of the company’s stock in a transaction on Friday, September 14th. The shares were bought at an average cost of $26.80 per share, for a total transaction of $268,000.00. The transaction was disclosed in a filing with the SEC, which is available through this link. 13.10% of the stock is owned by corporate insiders.

A number of research analysts have recently commented on the stock. ValuEngine upgraded shares of National Storage Affiliates Trust from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Investment Research upgraded shares of National Storage Affiliates Trust from a “hold” rating to a “buy” rating and set a $32.00 price target on the stock in a report on Tuesday, July 31st. Jefferies Financial Group cut shares of National Storage Affiliates Trust from a “buy” rating to a “hold” rating and set a $32.00 price target on the stock. in a report on Tuesday, July 17th. DA Davidson set a $37.00 price target on shares of National Storage Affiliates Trust and gave the stock a “buy” rating in a report on Thursday, July 12th. Finally, SunTrust Banks upped their price target on shares of National Storage Affiliates Trust from $25.00 to $28.00 and gave the stock a “hold” rating in a report on Thursday, July 12th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $29.00.

National Storage Affiliates Trust Profile

National Storage Affiliates Trust is a Maryland real estate investment trust focused on the ownership, operation and acquisition of self storage properties located within the top 100 metropolitan statistical areas throughout the United States. The Company currently holds ownership interests in and operates 533 self storage properties located in 29 states with approximately 33 million rentable square feet.

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Institutional Ownership by Quarter for National Storage Affiliates Trust (NYSE:NSA)

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