Ameriprise Financial Inc. Buys 231,230 Shares of National Storage Affiliates Trust (NSA)

Ameriprise Financial Inc. raised its stake in shares of National Storage Affiliates Trust (NYSE:NSA) by 546.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 273,536 shares of the real estate investment trust’s stock after purchasing an additional 231,230 shares during the period. Ameriprise Financial Inc. owned 0.62% of National Storage Affiliates Trust worth $6,321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. raised its position in National Storage Affiliates Trust by 5.7% during the first quarter. Vanguard Group Inc. now owns 5,064,667 shares of the real estate investment trust’s stock valued at $121,046,000 after purchasing an additional 273,843 shares during the period. BlackRock Inc. raised its position in National Storage Affiliates Trust by 9,245.1% during the first quarter. BlackRock Inc. now owns 3,920,662 shares of the real estate investment trust’s stock valued at $93,703,000 after purchasing an additional 3,878,708 shares during the period. Vaughan Nelson Investment Management L.P. raised its position in National Storage Affiliates Trust by 65.8% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,504,950 shares of the real estate investment trust’s stock valued at $34,779,000 after purchasing an additional 597,325 shares during the period. State Street Corp raised its position in National Storage Affiliates Trust by 20.8% during the first quarter. State Street Corp now owns 1,326,518 shares of the real estate investment trust’s stock valued at $31,703,000 after purchasing an additional 228,598 shares during the period. Finally, Teachers Advisors LLC raised its position in National Storage Affiliates Trust by 0.9% during the second quarter. Teachers Advisors LLC now owns 1,066,323 shares of the real estate investment trust’s stock valued at $24,643,000 after purchasing an additional 9,479 shares during the period. Institutional investors and hedge funds own 97.38% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Ameriprise Financial Inc. Buys 231,230 Shares of National Storage Affiliates Trust (NSA)” was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another site, it was illegally copied and republished in violation of United States & international copyright laws. The correct version of this article can be read at https://ledgergazette.com/2017/10/20/ameriprise-financial-inc-buys-231230-shares-of-national-storage-affiliates-trust-nsa.html.

In other news, CEO Arlen Dale Nordhagen sold 30,000 shares of National Storage Affiliates Trust 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 document filed with the SEC, which is accessible through this hyperlink. 17.70% of the stock is currently owned by insiders.

National Storage Affiliates Trust (NSA) opened at 24.90 on Friday. The stock’s 50 day moving average price is $23.99 and its 200-day moving average price is $23.47. National Storage Affiliates Trust has a 1-year low of $18.91 and a 1-year high of $26.15. The company has a market cap of $1.10 billion, a PE ratio of 95.40 and a beta of 0.79.

The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 4.18%. The ex-dividend date was Thursday, September 14th. National Storage Affiliates Trust’s payout ratio is presently 800.06%.

NSA has been the topic of a number of recent research reports. BidaskClub downgraded National Storage Affiliates Trust from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 11th. Jefferies Group LLC decreased 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. FBR & Co set a $23.00 price objective on National Storage Affiliates Trust and gave the company a “hold” rating in a research report on Wednesday, October 4th. Zacks Investment Research downgraded National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Finally, KeyCorp restated a “hold” ratin

A number of other hedge funds also recently modified their holdings of the business. Vanguard Group Inc. raised its position in National Storage Affiliates Trust by 5.7% during the first quarter. Vanguard Group Inc. now owns 5,064,667 shares of the real estate investment trust’s stock valued at $121,046,000 after purchasing an additional 273,843 shares during the period. BlackRock Inc. raised its position in National Storage Affiliates Trust by 9,245.1% during the first quarter. BlackRock Inc. now owns 3,920,662 shares of the real estate investment trust’s stock valued at $93,703,000 after purchasing an additional 3,878,708 shares during the period. Vaughan Nelson Investment Management L.P. raised its position in National Storage Affiliates Trust by 65.8% during the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,504,950 shares of the real estate investment trust’s stock valued at $34,779,000 after purchasing an additional 597,325 shares during the period. State Street Corp raised its position in National Storage Affiliates Trust by 20.8% during the first quarter. State Street Corp now owns 1,326,518 shares of the real estate investment trust’s stock valued at $31,703,000 after purchasing an additional 228,598 shares during the period. Finally, Teachers Advisors LLC raised its position in National Storage Affiliates Trust by 0.9% during the second quarter. Teachers Advisors LLC now owns 1,066,323 shares of the real estate investment trust’s stock valued at $24,643,000 after purchasing an additional 9,479 shares during the period. Institutional investors and hedge funds own 97.38% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Ameriprise Financial Inc. Buys 231,230 Shares of National Storage Affiliates Trust (NSA)” was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another site, it was illegally copied and republished in violation of United States & international copyright laws. The correct version of this article can be read at https://ledgergazette.com/2017/10/20/ameriprise-financial-inc-buys-231230-shares-of-national-storage-affiliates-trust-nsa.html.

In other news, CEO Arlen Dale Nordhagen sold 30,000 shares of National Storage Affiliates Trust 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 document filed with the SEC, which is accessible through this hyperlink. 17.70% of the stock is currently owned by insiders.

National Storage Affiliates Trust (NSA) opened at 24.90 on Friday. The stock’s 50 day moving average price is $23.99 and its 200-day moving average price is $23.47. National Storage Affiliates Trust has a 1-year low of $18.91 and a 1-year high of $26.15. The company has a market cap of $1.10 billion, a PE ratio of 95.40 and a beta of 0.79.

The company also recently declared a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 4.18%. The ex-dividend date was Thursday, September 14th. National Storage Affiliates Trust’s payout ratio is presently 800.06%.

NSA has been the topic of a number of recent research reports. BidaskClub downgraded National Storage Affiliates Trust from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 11th. Jefferies Group LLC decreased 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. FBR & Co set a $23.00 price objective on National Storage Affiliates Trust and gave the company a “hold” rating in a research report on Wednesday, October 4th. Zacks Investment Research downgraded National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Finally, KeyCorp restated a “hold” rating on shares of National Storage Affiliates Trust in a research report on Friday, August 25th. Two research analysts have rated the stock with a sell rating, two have given 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 an average rating of “Hold” and an average price target of $24.75.

National Storage Affiliates Trust Company Profile

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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