American Assets Capital Advisers Has $7.74 Million Position in National Storage Affiliates Trust (NSA)

American Assets Capital Advisers lessened its holdings in National Storage Affiliates Trust (NYSE:NSA) by 16.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 319,481 shares of the real estate investment trust’s stock after selling 62,642 shares during the quarter. National Storage Affiliates Trust accounts for 3.0% of American Assets Capital Advisers’ investment portfolio, making the stock its 18th biggest position. American Assets Capital Advisers owned 0.72% of National Storage Affiliates Trust worth $7,744,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its position in National Storage Affiliates Trust by 16.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,384 shares of the real estate investment trust’s stock worth $101,000 after purchasing an additional 614 shares during the period. LS Investment Advisors LLC purchased a new position in National Storage Affiliates Trust in the 2nd quarter worth $107,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in National Storage Affiliates Trust by 5.6% in the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,426 shares of the real estate investment trust’s stock worth $149,000 after purchasing an additional 339 shares during the period. SG Americas Securities LLC purchased a new position in National Storage Affiliates Trust in the 2nd quarter worth $155,000. Finally, Teachers Retirement System of The State of Kentucky purchased a new position in National Storage Affiliates Trust in the 2nd quarter worth $164,000. Institutional investors own 97.89% of the company’s stock.

National Storage Affiliates Trust (NYSE NSA) traded up 0.98% during trading on Tuesday, hitting $24.76. 83,589 shares of the company’s stock were exchanged. The company has a market cap of $1.10 billion, a price-to-earnings ratio of 94.87 and a beta of 0.78. National Storage Affiliates Trust has a 52-week low of $18.91 and a 52-week high of $26.15. The firm has a 50 day moving average price of $24.28 and a 200 day moving average price of $23.44.

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In other news, CEO Arlen Dale Nordhagen sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $22.06, for a total value of $661,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 17.70% of the stock is currently owned by company insiders.

A number of equities analysts recently commented on the stock. FBR & Co set a $23.00 target price on shares of National Storage Affiliates Trust and gave the stock a “hold” rating in a research report on Wednesday, October 4th. Robert W. Baird reiterated a “buy” rating and issued a $27.00 target price on shares of National Storage Affiliates Trust in a research report on Wednesday, October 4th. BidaskClub upgraded shares of National Storage Affiliates Trust from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. KeyCorp reiterated a “hold” rating on shares of National Storage Affiliates Trust in a research report on Friday, August 25th. Finally, Jefferies Group LLC decreased their target price on shares of 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. 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 given a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $24.75.

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.

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

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