Shares of National Storage Affiliates Trust (NYSE:NSA) have been assigned an average rating of “Hold” from the ten brokerages that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $26.29.

Several equities analysts have recently weighed in on NSA shares. Jefferies Group set a $31.00 price objective on shares of National Storage Affiliates Trust and gave the company a “buy” rating in a research report on Tuesday, November 28th. B. Riley set a $23.00 price objective on shares of National Storage Affiliates Trust and gave the company a “hold” rating in a research report on Tuesday, January 2nd. Robert W. Baird restated a “buy” rating and set a $29.00 price objective on shares of National Storage Affiliates Trust in a research report on Wednesday, November 29th. Wells Fargo & Co upgraded shares of National Storage Affiliates Trust from a “market perform” rating to an “outperform” rating and set a $30.00 price objective for the company in a research report on Tuesday, December 19th. Finally, Zacks Investment Research upgraded shares of National Storage Affiliates Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, January 30th.

Several large investors have recently bought and sold shares of NSA. BlackRock Inc. boosted its position in shares of National Storage Affiliates Trust by 61.6% during the 2nd quarter. BlackRock Inc. now owns 6,334,470 shares of the real estate investment trust’s stock valued at $146,391,000 after purchasing an additional 2,413,808 shares in the last quarter. Wasatch Advisors Inc. bought a new position in shares of National Storage Affiliates Trust during the 4th quarter valued at about $14,298,000. Vanguard Group Inc. boosted its position in shares of National Storage Affiliates Trust by 7.0% during the 2nd quarter. Vanguard Group Inc. now owns 5,417,433 shares of the real estate investment trust’s stock valued at $125,198,000 after purchasing an additional 352,766 shares in the last quarter. State Street Corp boosted its position in shares of National Storage Affiliates Trust by 24.6% during the 2nd quarter. State Street Corp now owns 1,653,310 shares of the real estate investment trust’s stock valued at $38,211,000 after purchasing an additional 326,792 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of National Storage Affiliates Trust by 546.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 273,536 shares of the real estate investment trust’s stock valued at $6,321,000 after purchasing an additional 231,230 shares in the last quarter. Institutional investors own 84.34% of the company’s stock.

Shares of National Storage Affiliates Trust (NSA) traded up $0.09 on Friday, reaching $23.81. 202,306 shares of the company were exchanged, compared to its average volume of 444,278. The company has a market cap of $1,180.00 and a price-to-earnings ratio of 125.37. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 1.12. National Storage Affiliates Trust has a 12-month low of $21.17 and a 12-month high of $28.55.

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About National Storage Affiliates Trust

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 operating partnership subsidiary is NSA OP, LP.

Analyst Recommendations for National Storage Affiliates Trust (NYSE:NSA)

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