Rothschild Asset Management Inc. boosted its position in shares of National Storage Affiliates Trust (NYSE:NSA) by 1.2% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 384,642 shares of the real estate investment trust’s stock after purchasing an additional 4,411 shares during the quarter. Rothschild Asset Management Inc.’s holdings in National Storage Affiliates Trust were worth $11,855,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of NSA. Neuburgh Advisers LLC acquired a new position in National Storage Affiliates Trust during the 1st quarter worth $105,000. Advisors Preferred LLC lifted its holdings in National Storage Affiliates Trust by 105.7% during the 2nd quarter. Advisors Preferred LLC now owns 3,548 shares of the real estate investment trust’s stock worth $109,000 after buying an additional 1,823 shares in the last quarter. Eii Capital Management Inc. acquired a new position in National Storage Affiliates Trust during the 2nd quarter worth $113,000. Riverhead Capital Management LLC acquired a new position in National Storage Affiliates Trust during the 1st quarter worth $118,000. Finally, Tyers Asset Management LLC acquired a new position in National Storage Affiliates Trust during the 1st quarter worth $133,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Shares of National Storage Affiliates Trust stock opened at $29.30 on Monday. The firm has a market cap of $1.61 billion, a price-to-earnings ratio of 23.63, a price-to-earnings-growth ratio of 2.63 and a beta of 0.50. National Storage Affiliates Trust has a 52 week low of $21.17 and a 52 week high of $32.28. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.87 and a quick ratio of 0.87.

National Storage Affiliates Trust (NYSE:NSA) last released its quarterly earnings data on Monday, August 6th. The real estate investment trust reported $0.07 EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.27). National Storage Affiliates Trust had a net margin of 4.63% and a return on equity of 1.29%. The firm had revenue of $79.72 million during the quarter, compared to the consensus estimate of $79.68 million. During the same quarter in the prior year, the company earned $0.31 EPS. National Storage Affiliates Trust’s quarterly revenue was up 23.9% on a year-over-year basis. sell-side analysts forecast that National Storage Affiliates Trust will post 1.36 EPS for the current year.

Several research firms have issued reports on NSA. Zacks Investment Research raised National Storage Affiliates Trust from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a report on Tuesday, July 31st. ValuEngine upgraded shares of National Storage Affiliates Trust from a “hold” rating to a “buy” rating in a research report on Thursday, May 3rd. TheStreet upgraded shares of National Storage Affiliates Trust from a “d+” rating to a “c” rating in a research report on Monday, April 23rd. Jefferies Financial Group cut shares of National Storage Affiliates Trust from a “buy” rating to a “hold” rating and set a $32.00 target price for the company. in a research report on Tuesday, July 17th. Finally, DA Davidson set a $37.00 target price on shares of National Storage Affiliates Trust and gave the company a “buy” rating in a research report on Thursday, July 12th. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $28.36.

About National Storage Affiliates Trust

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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