CubeSmart $CUBE Holdings Trimmed by Pacer Advisors Inc.

Pacer Advisors Inc. reduced its position in shares of CubeSmart (NYSE:CUBE) by 12.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 138,343 shares of the real estate investment trust’s stock after selling 20,440 shares during the period. Pacer Advisors Inc. owned approximately 0.06% of CubeSmart worth $4,987,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wiser Advisor Group LLC bought a new position in shares of CubeSmart during the 3rd quarter valued at about $28,000. Geneos Wealth Management Inc. raised its holdings in shares of CubeSmart by 174.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 568 shares in the last quarter. Huntington National Bank lifted its stake in CubeSmart by 43.3% during the third quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 295 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in CubeSmart during the fourth quarter valued at approximately $43,000. Finally, Global Retirement Partners LLC boosted its holdings in CubeSmart by 95.0% during the fourth quarter. Global Retirement Partners LLC now owns 1,213 shares of the real estate investment trust’s stock worth $44,000 after buying an additional 591 shares in the last quarter. 97.61% of the stock is currently owned by institutional investors.

CubeSmart Stock Down 0.4%

Shares of NYSE:CUBE opened at $40.46 on Tuesday. The firm has a 50 day simple moving average of $40.00 and a 200 day simple moving average of $38.56. CubeSmart has a 52 week low of $35.09 and a 52 week high of $43.63. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.04 and a current ratio of 0.04. The company has a market cap of $9.16 billion, a PE ratio of 28.50, a price-to-earnings-growth ratio of 7.01 and a beta of 1.09.

CubeSmart (NYSE:CUBE) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.02. CubeSmart had a net margin of 28.93% and a return on equity of 11.84%. The firm had revenue of $281.93 million for the quarter, compared to analysts’ expectations of $275.25 million. During the same period in the previous year, the company posted $0.64 EPS. The company’s quarterly revenue was up 3.3% compared to the same quarter last year. CubeSmart has set its FY 2026 guidance at 2.520-2.600 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. As a group, research analysts expect that CubeSmart will post 2.58 earnings per share for the current year.

CubeSmart Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be paid a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Wednesday, July 1st. CubeSmart’s dividend payout ratio is currently 149.30%.

Analysts Set New Price Targets

Several research analysts have issued reports on CUBE shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $46.00 price target on shares of CubeSmart in a report on Monday, May 4th. BNP Paribas Exane raised CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 price objective for the company in a research note on Wednesday, March 18th. Mizuho lifted their target price on CubeSmart from $40.00 to $42.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Scotiabank raised CubeSmart to a “hold” rating in a report on Thursday, March 19th. Finally, UBS Group increased their price target on CubeSmart from $37.00 to $41.00 and gave the company a “neutral” rating in a research report on Monday, May 18th. Four research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $43.00.

About CubeSmart

CubeSmart (NYSE: CUBE) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and management of self-storage facilities across the United States. The company’s portfolio comprises properties in primary and secondary markets, catering to both individual and business customers seeking flexible, short-term and long-term storage solutions. CubeSmart’s facilities feature a range of unit sizes, climate-controlled options and advanced security features, supported by on-site managers and centralized customer service operations.

In addition to traditional self-storage units, CubeSmart offers specialty services such as vehicle and boat storage, retail sales of packing and moving supplies, and tenant insurance programs.