Fintel reports that BlackRock Inc. has filed Form 13G/A with the SEC, disclosing its ownership of 9,715,309 shares in the National Storage Affiliates Trust (NSA). This equates to his 10.7% of the company.
In an earlier filing dated February 3, 2022, they reported 82,487,379 shares and 6.90% of the company.
88.22% decrease in equity and 3.80% increase in total ownership (calculated as current – previous ownership percentage).
National Storage Affiliates Trust is a Denver, Colorado-based real estate investment trust focused on owning, operating and acquiring self-storage properties located within the nation’s top 100 metropolitan statistical areas. As of September 30, 2020, the Company owns and operates 788 rentable self-storage facilities totaling approximately 49.5 million square feet in 35 states and Puerto Rico. The NSA is one of the largest owners and operators of self-storage properties among public and private companies in the United States. NSA is included in the MSCI US REIT Index (RMS/RMZ), Russell 2000 Index of Companies, and S&P SmallCap 600 Index.
What are the major shareholders doing?
Wasatch Advisors Inc holds 2,957,170 shares representing a 3.26% ownership interest in the company. In previous filings, the company reported he owned 2,316,579 shares.
will increase
21.66%.office
gain
Portfolio allocations at the NSA increased 16.51% last quarter.
Invesco Ltd. owns 2,267,381 shares representing a 2.50% ownership interest in the company. In previous filings, the company reported he owned 2,874,028 shares.
Decrease
26.76%.office
decreased
Portfolio allocations at the NSA increased 30.41% last quarter.
Thrivent Financial For Lutherans owns 2,039,540 shares representing a 2.25% ownership interest in the company. In previous filings, the company reported he owned 1,912,834 shares.
will increase
6.21%.office
decreased
Portfolio allocations at the NSA increased 8.77% last quarter.
Nuveen Asset Management, LLC holds 1,966,883 shares representing a 2.17% ownership interest in the company. In previous filings, the company reported he owned 1,938,999 shares.
will increase
1.42%.office
decreased
Portfolio allocations at the NSA increased 11.77% last quarter.
Goldman Sachs Group Inc holds 1,962,272 shares representing a 2.16% ownership interest in the company. In previous filings, the company reported he owned 882,109 shares.
will increase
55.05%.office
gain
Portfolio allocations at the NSA increased 89.00% last quarter.
Fund Sentiment
There are 746 funds or institutions reporting positions in the National Storage Affiliates Trust. This is a decrease of 26 owners or 3.37%.
Portfolio average weight of all funds 0.2551% dedicated to National Storage Affiliate Trust, a decrease of 14.8039%. The total number of shares owned by the institution increased by 2.69% to 94,394,924 shares over the past three months.
analyst sentiment
As of January 22, 2023, the National Storage Affiliates Trust’s average one-year price target is $44.97. Predictions range from a low of $36.36 to a high of $55.65. The average price target represents a 17.24% increase from the latest reported closing price of $38.36.
National Storage Affiliates Trust projected annual revenues of $842 million, an increase of 8.76%. Projected annual EPS is $1.06, an increase of 14.53%.
This story was originally published in Fintel.
The views and opinions expressed herein are those of the authors and do not necessarily reflect those of Nasdaq, Inc.
