22,743 Shares in National Storage Affiliates Trust $NSA Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. acquired a new stake in National Storage Affiliates Trust (NYSE:NSA) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 22,743 shares of the real estate investment trust’s stock, valued at approximately $687,000.

Other institutional investors have also recently bought and sold shares of the company. Advisors Asset Management Inc. bought a new stake in shares of National Storage Affiliates Trust during the 1st quarter valued at $32,000. Farther Finance Advisors LLC boosted its position in shares of National Storage Affiliates Trust by 339.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 635 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of National Storage Affiliates Trust by 207.3% during the first quarter. Jones Financial Companies Lllp now owns 1,217 shares of the real estate investment trust’s stock worth $48,000 after purchasing an additional 821 shares during the period. Pilgrim Partners Asia Pte Ltd bought a new stake in National Storage Affiliates Trust in the third quarter valued at about $41,000. Finally, Osaic Holdings Inc. increased its holdings in National Storage Affiliates Trust by 43.5% in the second quarter. Osaic Holdings Inc. now owns 1,786 shares of the real estate investment trust’s stock valued at $61,000 after purchasing an additional 541 shares during the last quarter. Institutional investors and hedge funds own 99.97% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on NSA. UBS Group reduced their target price on National Storage Affiliates Trust from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, January 8th. National Bank Financial set a $32.00 price target on shares of National Storage Affiliates Trust in a research report on Friday, December 5th. Wolfe Research upgraded shares of National Storage Affiliates Trust from an “underperform” rating to a “peer perform” rating in a report on Monday, January 26th. Mizuho upped their target price on shares of National Storage Affiliates Trust from $30.00 to $32.00 and gave the company a “neutral” rating in a research note on Monday, January 12th. Finally, Zacks Research upgraded shares of National Storage Affiliates Trust from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Ten analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $32.30.

National Storage Affiliates Trust Stock Up 1.7%

Shares of NSA stock opened at $34.04 on Wednesday. National Storage Affiliates Trust has a 12-month low of $27.43 and a 12-month high of $40.62. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 2.74. The firm has a fifty day moving average of $30.90 and a 200-day moving average of $30.66. The company has a market capitalization of $2.62 billion, a price-to-earnings ratio of 55.80 and a beta of 1.19.

National Storage Affiliates Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be paid a $0.57 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.28 annualized dividend and a dividend yield of 6.7%. National Storage Affiliates Trust’s dividend payout ratio (DPR) is currently 373.77%.

National Storage Affiliates Trust Profile

National Storage Affiliates Trust is a publicly traded real estate investment trust (REIT) focused on the ownership and operation of self-storage properties in the United States. Since its initial public offering in August 2015, NSA has pursued a growth strategy built on strategic acquisitions and partnerships, establishing a diversified portfolio of assets backed by a centralized support platform. The Trust’s model combines the scalability of a national REIT with the local expertise of affiliate operators.

The company’s core business involves providing flexible storage solutions to both individual and commercial customers.