National Storage Affiliates Trust (NSA) was Upgraded by Jefferies to ” Buy”. Earlier the firm had a rating of “Hold ” on the company shares. Jefferies advised their investors in a research report released on Sep 21, 2016.
Many Wall Street Analysts have commented on National Storage Affiliates Trust. DA Davidson Initiated National Storage Affiliates Trust on Jun 24, 2016 to “Buy”, Price Target of the shares are set at $25.
National Storage Affiliates Trust opened for trading at $19.72 and hit $19.83 on the upside on Tuesday, eventually ending the session at $19.76, with a gain of 0.61% or 0.12 points. The heightened volatility saw the trading volume jump to 2,81,084 shares. Company has a market cap of $707 M.
In a different news, on Mar 10, 2016, Paul William Jr Hylbert (director) purchased 100 shares at $18.84 per share price. According to the SEC, on Aug 26, 2015, Tamara D Fischer (CFO) purchased 2,000 shares at $12.16 per share price. On Aug 18, 2015, Arlen Dale Nordhagen (CEO) purchased 12,600 shares at $13.25 per share price, according to the Form-4 filing with the securities and exchange commission.
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.