Parametric Portfolio Associates LLC Decreases Position in National Storage Affiliates Trust (NSA)

Parametric Portfolio Associates LLC decreased its position in shares of National Storage Affiliates Trust (NYSE:NSA) by 5.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,237 shares of the real estate investment trust’s stock after selling 6,658 shares during the period. Parametric Portfolio Associates LLC owned about 0.28% of National Storage Affiliates Trust worth $2,871,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. BlackRock Inc. lifted its stake in National Storage Affiliates Trust by 61.6% during the 2nd quarter. BlackRock Inc. now owns 6,334,470 shares of the real estate investment trust’s stock worth $146,391,000 after acquiring an additional 2,413,808 shares in the last quarter. Vanguard Group Inc. raised its position in National Storage Affiliates Trust by 7.0% in the 2nd quarter. Vanguard Group Inc. now owns 5,417,433 shares of the real estate investment trust’s stock valued at $125,198,000 after purchasing an additional 352,766 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its position in National Storage Affiliates Trust by 65.8% in the 2nd 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 in the last quarter. Lazard Asset Management LLC raised its position in National Storage Affiliates Trust by 34.5% in the 2nd quarter. Lazard Asset Management LLC now owns 1,368,950 shares of the real estate investment trust’s stock valued at $31,636,000 after purchasing an additional 351,178 shares in the last quarter. Finally, State Street Corp raised its position in National Storage Affiliates Trust by 20.8% in the 1st 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 in the last quarter. 97.89% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have issued reports on the company. Jefferies Group LLC reduced their price target 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. Zacks Investment Research lowered National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Robert W. Baird reaffirmed a “buy” rating and issued a $27.00 price target on shares of National Storage Affiliates Trust in a research report on Wednesday, October 4th. FBR & Co set a $23.00 price target on National Storage Affiliates Trust and gave the company a “hold” rating in a research report on Wednesday, October 4th. Finally, BidaskClub raised National Storage Affiliates Trust from a “strong sell” rating to a “sell” rating in a research report on Friday, August 25th. Two equities 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 assigned a strong buy rating to the company’s stock. National Storage Affiliates Trust has an average rating of “Hold” and an average target price of $24.75.

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Shares of National Storage Affiliates Trust (NSA) opened at $25.31 on Friday. The stock has a market cap of $1.12 billion, a PE ratio of 21.32, a PEG ratio of 2.72 and a beta of 0.78. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.31 and a quick ratio of 1.31.

In other news, CEO Arlen Dale Nordhagen sold 30,000 shares of National Storage Affiliates Trust stock in a transaction on Monday, August 7th. The stock was 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. 17.70% of the stock is currently owned by company insiders.

National Storage Affiliates Trust 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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