Strs Ohio reduced its stake in shares of National Storage Affiliates Trust (NYSE:NSA) by 8.4% during the second quarter, Holdings Channel reports. The firm owned 69,690 shares of the real estate investment trust’s stock after selling 6,359 shares during the period. Strs Ohio’s holdings in National Storage Affiliates Trust were worth $1,610,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in NSA. BlackRock Inc. increased its stake in shares of National Storage Affiliates Trust by 9,245.1% in the first quarter. BlackRock Inc. now owns 3,920,662 shares of the real estate investment trust’s stock worth $93,703,000 after buying an additional 3,878,708 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in shares of National Storage Affiliates Trust by 65.8% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,504,950 shares of the real estate investment trust’s stock worth $34,779,000 after buying an additional 597,325 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of National Storage Affiliates Trust by 108.7% in the first quarter. Renaissance Technologies LLC now owns 747,100 shares of the real estate investment trust’s stock worth $17,856,000 after buying an additional 389,200 shares during the last quarter. Driehaus Capital Management LLC purchased a new stake in shares of National Storage Affiliates Trust during the first quarter worth about $8,828,000. Finally, Teachers Advisors LLC increased its stake in shares of National Storage Affiliates Trust by 43.1% in the fourth quarter. Teachers Advisors LLC now owns 1,044,453 shares of the real estate investment trust’s stock worth $23,051,000 after buying an additional 314,357 shares during the last quarter. Institutional investors and hedge funds own 91.51% of the company’s stock.

Shares of National Storage Affiliates Trust (NYSE:NSA) opened at 22.00 on Friday. The firm’s 50-day moving average is $22.53 and its 200-day moving average is $23.47. National Storage Affiliates Trust has a 52 week low of $18.81 and a 52 week high of $26.15. The firm has a market capitalization of $972.88 million, a P/E ratio of 84.29 and a beta of 0.74.

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A number of equities research analysts have issued reports on NSA shares. BidaskClub downgraded shares of National Storage Affiliates Trust from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 11th. FBR & Co reiterated a “hold” rating and set a $23.00 price objective on shares of National Storage Affiliates Trust in a research note on Monday, May 15th. Jefferies Group LLC reiterated a “buy” rating and set a $28.00 price objective on shares of National Storage Affiliates Trust in a research note on Monday, May 22nd. Finally, Zacks Investment Research downgraded shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $25.20.

In related news, CEO Arlen Dale Nordhagen sold 30,000 shares of the business’s stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $22.06, for a total transaction of $661,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 17.70% of the company’s stock.

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.

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

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