National Storage Affiliates Trust (NSA) Rating Reiterated by Robert W. Baird

Robert W. Baird restated their buy rating on shares of National Storage Affiliates Trust (NYSE:NSA) in a research report released on Wednesday. The brokerage currently has a $27.00 price objective on the real estate investment trust’s stock.

Several other analysts have also issued reports on NSA. BidaskClub lowered National Storage Affiliates Trust from a sell rating to a strong sell rating in a report on Friday, June 9th. Zacks Investment Research downgraded National Storage Affiliates Trust from a hold rating to a sell rating in a research report on Wednesday, August 2nd. Jefferies Group LLC lowered their price objective on National Storage Affiliates Trust from $28.00 to $27.00 and set a buy rating on the stock in a research report on Friday, August 18th. Finally, KeyCorp restated a hold rating on shares of National Storage Affiliates Trust in a research report on Friday, August 25th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. National Storage Affiliates Trust currently has a consensus rating of Hold and a consensus price target of $24.75.

Shares of National Storage Affiliates Trust (NSA) traded up 1.29% during mid-day trading on Wednesday, reaching $24.43. The company had a trading volume of 474,020 shares. The stock has a market capitalization of $1.08 billion, a P/E ratio of 93.60 and a beta of 0.79. National Storage Affiliates Trust has a one year low of $18.91 and a one year high of $24.86. The firm has a 50 day moving average of $23.97 and a 200-day moving average of $23.97.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this report on another domain, it was copied illegally and republished in violation of US & international trademark and copyright laws. The legal version of this report can be accessed at https://ledgergazette.com/2017/10/08/national-storage-affiliates-trust-nsa-rating-reiterated-by-robert-w-baird.html.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a $0.26 dividend. The ex-dividend date was Thursday, September 14th. This represents a $1.04 annualized dividend and a dividend yield of 4.26%. National Storage Affiliates Trust’s payout ratio is 800.06%.

In other news, CEO Arlen Dale Nordhagen sold 30,000 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $22.06, for a total value of $661,800.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 17.70% of the stock is owned by insiders.

Several institutional investors have recently made changes to their positions in NSA. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of National Storage Affiliates Trust by 16.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,384 shares of the real estate investment trust’s stock valued at $101,000 after acquiring an additional 614 shares in the last quarter. LS Investment Advisors LLC purchased a new position in shares of National Storage Affiliates Trust in the second quarter valued at about $107,000. ProShare Advisors LLC purchased a new position in shares of National Storage Affiliates Trust in the first quarter valued at about $115,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in shares of National Storage Affiliates Trust by 5.6% in the second quarter. Mitsubishi UFJ Kokusai Ass

Several other analysts have also issued reports on NSA. BidaskClub lowered National Storage Affiliates Trust from a sell rating to a strong sell rating in a report on Friday, June 9th. Zacks Investment Research downgraded National Storage Affiliates Trust from a hold rating to a sell rating in a research report on Wednesday, August 2nd. Jefferies Group LLC lowered their price objective on National Storage Affiliates Trust from $28.00 to $27.00 and set a buy rating on the stock in a research report on Friday, August 18th. Finally, KeyCorp restated a hold rating on shares of National Storage Affiliates Trust in a research report on Friday, August 25th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. National Storage Affiliates Trust currently has a consensus rating of Hold and a consensus price target of $24.75.

Shares of National Storage Affiliates Trust (NSA) traded up 1.29% during mid-day trading on Wednesday, reaching $24.43. The company had a trading volume of 474,020 shares. The stock has a market capitalization of $1.08 billion, a P/E ratio of 93.60 and a beta of 0.79. National Storage Affiliates Trust has a one year low of $18.91 and a one year high of $24.86. The firm has a 50 day moving average of $23.97 and a 200-day moving average of $23.97.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this report on another domain, it was copied illegally and republished in violation of US & international trademark and copyright laws. The legal version of this report can be accessed at https://ledgergazette.com/2017/10/08/national-storage-affiliates-trust-nsa-rating-reiterated-by-robert-w-baird.html.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a $0.26 dividend. The ex-dividend date was Thursday, September 14th. This represents a $1.04 annualized dividend and a dividend yield of 4.26%. National Storage Affiliates Trust’s payout ratio is 800.06%.

In other news, CEO Arlen Dale Nordhagen sold 30,000 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $22.06, for a total value of $661,800.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 17.70% of the stock is owned by insiders.

Several institutional investors have recently made changes to their positions in NSA. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of National Storage Affiliates Trust by 16.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,384 shares of the real estate investment trust’s stock valued at $101,000 after acquiring an additional 614 shares in the last quarter. LS Investment Advisors LLC purchased a new position in shares of National Storage Affiliates Trust in the second quarter valued at about $107,000. ProShare Advisors LLC purchased a new position in shares of National Storage Affiliates Trust in the first quarter valued at about $115,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in shares of National Storage Affiliates Trust by 5.6% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,426 shares of the real estate investment trust’s stock valued at $149,000 after acquiring an additional 339 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in shares of National Storage Affiliates Trust in the second quarter valued at about $155,000. Institutional investors and hedge funds own 97.38% 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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