Boston Trust Walden Corp Sells 22,195 Shares of CubeSmart $CUBE

Boston Trust Walden Corp lessened its position in CubeSmart (NYSE:CUBE) by 2.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 980,989 shares of the real estate investment trust’s stock after selling 22,195 shares during the period. Boston Trust Walden Corp owned about 0.43% of CubeSmart worth $35,953,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Wiser Advisor Group LLC bought a new position in CubeSmart in the third quarter worth approximately $28,000. Geneos Wealth Management Inc. grew its holdings in shares of CubeSmart by 174.8% in the second quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 568 shares in the last quarter. Huntington National Bank raised its position in shares of CubeSmart by 43.3% during the 3rd quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock valued at $40,000 after buying an additional 295 shares in the last quarter. SJS Investment Consulting Inc. bought a new position in shares of CubeSmart during the 1st quarter valued at approximately $42,000. Finally, Los Angeles Capital Management LLC purchased a new stake in CubeSmart during the 4th quarter valued at $43,000. 97.61% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CUBE has been the topic of several research reports. Wells Fargo & Company raised their price target on CubeSmart from $39.00 to $40.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Truist Financial upped their price target on shares of CubeSmart from $41.00 to $43.00 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. UBS Group increased their price objective on shares of CubeSmart from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Monday, May 18th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $46.00 target price on shares of CubeSmart in a research report on Monday, May 4th. Finally, Mizuho raised their price target on shares of CubeSmart from $40.00 to $42.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Four research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, CubeSmart presently has an average rating of “Hold” and a consensus target price of $43.00.

CubeSmart Stock Down 0.0%

Shares of CUBE opened at $40.98 on Friday. The firm has a market cap of $9.28 billion, a P/E ratio of 28.86, a PEG ratio of 7.08 and a beta of 1.08. CubeSmart has a 12 month low of $35.09 and a 12 month high of $43.63. The stock’s 50 day moving average is $40.23 and its two-hundred day moving average is $38.82. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 1.29.

CubeSmart (NYSE:CUBE) last posted its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, beating 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 business had revenue of $281.93 million for the quarter, compared to the consensus estimate of $275.25 million. During the same period last year, the firm posted $0.64 earnings per share. The company’s 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. Analysts predict that CubeSmart will post 2.58 earnings per share for the current fiscal year.

CubeSmart Announces Dividend

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

CubeSmart Profile

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.