Forward Management Lowers stake in National Storage Affiliates Trust (NSA)

National Storage Affiliates Trust (NSA) : Forward Management reduced its stake in National Storage Affiliates Trust by 47.91% during the most recent quarter end. The investment management company now holds a total of 1,055,387 shares of National Storage Affiliates Trust which is valued at $22.9 Million after selling 970,713 shares in National Storage Affiliates Trust , the firm said in a disclosure report filed with the SEC on May 13, 2016.National Storage Affiliates Trust makes up approximately 1.89% of Forward Management’s portfolio.

Other Hedge Funds, Including , Symphony Asset Management added NSA to its portfolio by purchasing 24,220 company shares during the most recent quarter which is valued at $526,543. National Storage Affiliates Trust makes up approx 0.10% of Symphony Asset Management’s portfolio.Matarin Capital Management boosted its stake in NSA in the latest quarter, The investment management firm added 54,189 additional shares and now holds a total of 107,366 shares of National Storage Affiliates Trust which is valued at $2.3 Million. National Storage Affiliates Trust makes up approx 0.33% of Matarin Capital Management’s portfolio.Neuberger Berman Group reduced its stake in NSA by selling 113 shares or 0.06% in the most recent quarter. The Hedge Fund company now holds 179,477 shares of NSA which is valued at $3.8 Million. National Storage Affiliates Trust makes up approx 0.01% of Neuberger Berman Group’s portfolio. Ifp Advisors Inc added NSA to its portfolio by purchasing 3,242 company shares during the most recent quarter which is valued at $68,828.Russell Frank Co reduced its stake in NSA by selling 5,634 shares or 2.39% in the most recent quarter. The Hedge Fund company now holds 229,958 shares of NSA which is valued at $4.5 Million. National Storage Affiliates Trust makes up approx 0.01% of Russell Frank Co’s portfolio.

National Storage Affiliates Trust closed down -0.07 points or -0.34% at $20.59 with 4,91,640 shares getting traded on Wednesday. Post opening the session at $20.69, the shares hit an intraday low of $20.42 and an intraday high of $20.75 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Many Wall Street Analysts have commented on National Storage Affiliates Trust. National Storage Affiliates Trust was Downgraded by Morgan Stanley to ” Equal-Weight” on Apr 7, 2016. National Storage Affiliates Trust was Downgraded by Jefferies to ” Hold” on Apr 5, 2016. Robert W. Baird Initiated National Storage Affiliates Trust on Mar 30, 2016 to “Outperform”, Price Target of the shares are set at $23.

National Storage Affiliates Trust (NSA) is a real estate investment trust focused on the ownership operation and acquisition of self-storage properties located within the metropolitan statistical areas throughout the United States. It serves as the general partner of and operates its business through its operating partnership subsidiary NSA OP LP. Its participating regional operators (PROs) include SecurCare Self Storage Northwest Self Storage Optivest Properties Guardian Storage Move It and Storage Solutions. Its PRO entered into a facilities portfolio management agreement with the Company with respect to its contributed portfolio together with asset management agreements for each property. Its FindLocalStorage.com provides an online self-storage search solution for customers and valuable leads for the Company’s properties. The Company’s portfolio includes over 225 self-storage properties located across 13 states with approximately 12.4 million rentable square feet.

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