J. W. Coons Advisors LLC Has $342,000 Stake in National Storage Affiliates Trust (NYSE:NSA)

J. W. Coons Advisors LLC raised its position in National Storage Affiliates Trust (NYSE:NSA) by 28.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,021 shares of the real estate investment trust’s stock after buying an additional 2,021 shares during the quarter. J. W. Coons Advisors LLC’s holdings in National Storage Affiliates Trust were worth $342,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Loomis Sayles & Co. L P bought a new position in National Storage Affiliates Trust in the 3rd quarter valued at about $25,000. Versant Capital Management Inc increased its holdings in National Storage Affiliates Trust by 233.6% in the 4th quarter. Versant Capital Management Inc now owns 734 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 514 shares during the period. Ashton Thomas Securities LLC bought a new position in National Storage Affiliates Trust in the 3rd quarter valued at about $29,000. Bellevue Asset Management LLC bought a new position in National Storage Affiliates Trust in the 3rd quarter valued at about $39,000. Finally, Venturi Wealth Management LLC increased its holdings in National Storage Affiliates Trust by 514.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 1,451 shares of the real estate investment trust’s stock valued at $70,000 after buying an additional 1,215 shares during the period. 99.97% of the stock is owned by institutional investors.

National Storage Affiliates Trust Trading Down 0.3 %

Shares of National Storage Affiliates Trust stock opened at $37.68 on Monday. National Storage Affiliates Trust has a 1 year low of $34.50 and a 1 year high of $49.44. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 2.35. The firm has a market capitalization of $2.87 billion, a PE ratio of 22.03 and a beta of 1.03. The firm’s 50 day moving average is $37.49 and its 200 day moving average is $42.18.

National Storage Affiliates Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 6.05%. The ex-dividend date of this dividend is Friday, March 14th. National Storage Affiliates Trust’s payout ratio is 133.33%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Barclays decreased their target price on shares of National Storage Affiliates Trust from $46.00 to $42.00 and set an “equal weight” rating on the stock in a report on Monday, January 13th. Wells Fargo & Company decreased their price target on shares of National Storage Affiliates Trust from $40.00 to $38.00 and set an “underweight” rating on the stock in a report on Friday. Robert W. Baird lifted their price target on shares of National Storage Affiliates Trust from $39.00 to $42.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Finally, Deutsche Bank Aktiengesellschaft raised shares of National Storage Affiliates Trust from a “sell” rating to a “hold” rating and decreased their price target for the company from $40.00 to $38.00 in a report on Friday, January 10th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $42.56.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of December 31, 2023, the Company held ownership interests in and operated 1,050 self storage properties, located in 42 states and Puerto Rico with approximately 68.6 million rentable square feet, which excludes 39 self storage properties classified as held for sale to be sold to a third party.