Pacer Advisors Inc. Has $4.99 Million Position in CubeSmart $CUBE

Pacer Advisors Inc. cut its stake in shares of CubeSmart (NYSE:CUBE) by 12.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 138,343 shares of the real estate investment trust’s stock after selling 20,440 shares during the period. Pacer Advisors Inc.’s holdings in CubeSmart were worth $4,987,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Wiser Advisor Group LLC acquired a new stake in shares of CubeSmart during the 3rd quarter valued at $28,000. Geneos Wealth Management Inc. increased its stake in shares of CubeSmart by 174.8% in the second quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 568 shares during the last quarter. Huntington National Bank increased its stake in shares of CubeSmart by 43.3% in the third quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock worth $40,000 after acquiring an additional 295 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of CubeSmart during the fourth quarter worth $43,000. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of CubeSmart by 101.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,208 shares of the real estate investment trust’s stock worth $44,000 after acquiring an additional 608 shares in the last quarter. Institutional investors and hedge funds own 97.61% of the company’s stock.

CubeSmart Trading Down 0.4%

Shares of NYSE:CUBE opened at $40.46 on Tuesday. The stock has a market capitalization of $9.16 billion, a PE ratio of 28.50, a P/E/G ratio of 7.01 and a beta of 1.09. CubeSmart has a 1 year low of $35.09 and a 1 year high of $43.63. The firm has a fifty day moving average price of $40.00 and a 200 day moving average price of $38.56. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 1.29.

CubeSmart (NYSE:CUBE) last posted its earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.02. CubeSmart had a return on equity of 11.84% and a net margin of 28.93%.The company had revenue of $281.93 million for the quarter, compared to analyst estimates of $275.25 million. During the same period last year, the company earned $0.64 earnings per share. The business’s revenue was up 3.3% compared to the same quarter last year. CubeSmart has set its FY 2026 guidance at 2.520-2.600 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. Analysts expect that CubeSmart will post 2.58 EPS for the current fiscal year.

CubeSmart Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.53 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.2%. CubeSmart’s dividend payout ratio is currently 149.30%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on CUBE shares. Wells Fargo & Company boosted their target price on CubeSmart from $39.00 to $40.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. UBS Group raised their price target on CubeSmart from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Monday, May 18th. Wall Street Zen upgraded CubeSmart from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. Royal Bank Of Canada restated an “outperform” rating and issued a $46.00 price objective on shares of CubeSmart in a report on Monday, May 4th. Finally, Barclays raised their price objective on shares of CubeSmart from $43.00 to $45.00 and gave the company an “equal weight” rating in a research report on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $43.00.

About CubeSmart

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.