Russell Investments Group Ltd. Has $683,000 Holdings in National Storage Affiliates Trust (NSA)

Russell Investments Group Ltd. boosted its holdings in shares of National Storage Affiliates Trust (NYSE:NSA) by 72.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,533 shares of the real estate investment trust’s stock after purchasing an additional 12,384 shares during the period. Russell Investments Group Ltd. owned about 0.07% of National Storage Affiliates Trust worth $683,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in NSA. LS Investment Advisors LLC bought a new position in National Storage Affiliates Trust during the second quarter worth about $107,000. ProShare Advisors LLC bought a new position in National Storage Affiliates Trust during the first quarter worth about $115,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in National Storage Affiliates Trust by 9.3% during the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,087 shares of the real estate investment trust’s stock worth $145,000 after purchasing an additional 520 shares during the period. Quantbot Technologies LP bought a new position in National Storage Affiliates Trust during the first quarter worth about $163,000. Finally, State of Alaska Department of Revenue bought a new position in National Storage Affiliates Trust during the second quarter worth about $201,000. Hedge funds and other institutional investors own 97.38% of the company’s stock.

National Storage Affiliates Trust (NSA) remained flat at $23.62 on Monday. 69,053 shares of the company traded hands. The stock has a market cap of $1.05 billion, a P/E ratio of 90.50 and a beta of 0.76. National Storage Affiliates Trust has a 12 month low of $18.91 and a 12 month high of $26.15. The stock has a 50-day moving average of $23.49 and a 200-day moving average of $23.94.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 15th will be given a dividend of $0.26 per share. The ex-dividend date is Thursday, September 14th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.40%. National Storage Affiliates Trust’s payout ratio is presently 800.06%.

A number of research analysts have commented on NSA shares. BidaskClub cut shares of National Storage Affiliates Trust from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 11th. KeyCorp restated a “hold” rating on shares of National Storage Affiliates Trust in a research note on Friday, August 25th. Jefferies Group LLC restated a “buy” rating and set a $28.00 price target on shares of National Storage Affiliates Trust in a research note on Monday, May 22nd. Finally, Zacks Investment Research cut shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $24.75.

In other National Storage Affiliates Trust news, CEO Arlen Dale Nordhagen sold 30,000 shares of the 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 sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 17.70% of the company’s stock.

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

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