National Storage Affiliates Trust (NYSE:NSA) CEO Arlen Dale Nordhagen sold 30,000 shares of National Storage Affiliates Trust stock in a transaction 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 the SEC website.

Shares of National Storage Affiliates Trust (NSA) traded up 0.41% during trading on Tuesday, reaching $22.30. 227,182 shares of the company’s stock were exchanged. The firm has a market capitalization of $986.15 million, a P/E ratio of 84.79 and a beta of 0.74. The company has a 50 day moving average of $22.53 and a 200 day moving average of $23.47. National Storage Affiliates Trust has a 52-week low of $18.81 and a 52-week high of $26.15.

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Several hedge funds have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of National Storage Affiliates Trust by 16.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,384 shares of the real estate investment trust’s stock worth $101,000 after buying an additional 614 shares during the period. LS Investment Advisors LLC bought a new stake in shares of National Storage Affiliates Trust during the second quarter worth $107,000. New Mexico Educational Retirement Board increased its stake in shares of National Storage Affiliates Trust by 22.9% in the first quarter. New Mexico Educational Retirement Board now owns 5,900 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 1,100 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of National Storage Affiliates Trust by 9.3% in 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 buying an additional 520 shares during the period. Finally, SG Americas Securities LLC bought a new stake in shares of National Storage Affiliates Trust during the second quarter worth $155,000. 91.51% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have commented on NSA. BidaskClub lowered shares of National Storage Affiliates Trust from a “sell” rating to a “strong sell” rating in a report on Friday, June 9th. FBR & Co reiterated a “hold” rating and issued a $23.00 price objective on shares of National Storage Affiliates Trust in a report on Monday, May 15th. Zacks Investment Research lowered shares of National Storage Affiliates Trust from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $28.00 price objective on shares of National Storage Affiliates Trust in a report on Monday, May 22nd. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $25.20.

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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