New Age Alpha Advisors LLC Raises Stock Holdings in CubeSmart $CUBE

New Age Alpha Advisors LLC raised its position in CubeSmart (NYSE:CUBE) by 11.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 153,550 shares of the real estate investment trust’s stock after purchasing an additional 15,442 shares during the period. New Age Alpha Advisors LLC’s holdings in CubeSmart were worth $5,535,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CUBE. Alyeska Investment Group L.P. lifted its stake in CubeSmart by 36.4% in the third quarter. Alyeska Investment Group L.P. now owns 4,283,952 shares of the real estate investment trust’s stock valued at $174,185,000 after buying an additional 1,143,464 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC lifted its stake in CubeSmart by 37.3% in the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,364,619 shares of the real estate investment trust’s stock valued at $136,805,000 after buying an additional 914,884 shares during the last quarter. SG Americas Securities LLC lifted its stake in CubeSmart by 3,255.9% in the fourth quarter. SG Americas Securities LLC now owns 739,382 shares of the real estate investment trust’s stock valued at $26,655,000 after buying an additional 717,350 shares during the last quarter. Schroder Investment Management Group purchased a new stake in CubeSmart in the third quarter valued at approximately $23,516,000. Finally, Engineers Gate Manager LP lifted its stake in CubeSmart by 4,329.6% in the second quarter. Engineers Gate Manager LP now owns 363,224 shares of the real estate investment trust’s stock valued at $15,437,000 after buying an additional 355,024 shares during the last quarter. Hedge funds and other institutional investors own 97.61% of the company’s stock.

Insider Activity at CubeSmart

In related news, insider Jeffrey P. Foster sold 23,148 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $41.02, for a total transaction of $949,530.96. Following the transaction, the insider owned 205,057 shares of the company’s stock, valued at $8,411,438.14. This represents a 10.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.76% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on CUBE. Royal Bank Of Canada reiterated an “outperform” rating and issued a $46.00 price objective on shares of CubeSmart in a research note on Monday, May 4th. Scotiabank upgraded CubeSmart to a “hold” rating in a research note on Thursday, March 19th. Wolfe Research cut CubeSmart from an “outperform” rating to a “peer perform” rating in a research note on Monday, January 26th. BNP Paribas Exane upgraded CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 price target for the company in a research note on Wednesday, March 18th. Finally, Barclays upped their price target on CubeSmart from $43.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 5th. Five analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $43.00.

CubeSmart Price Performance

CubeSmart stock opened at $40.09 on Monday. CubeSmart has a 12 month low of $35.09 and a 12 month high of $44.13. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.04 and a quick ratio of 0.04. The business has a 50 day simple moving average of $38.70 and a 200-day simple moving average of $38.02. The stock has a market capitalization of $9.08 billion, a PE ratio of 28.23, a price-to-earnings-growth ratio of 6.94 and a beta of 1.11.

CubeSmart (NYSE:CUBE) last released its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 EPS for the quarter, topping the consensus estimate of $0.34 by $0.02. CubeSmart had a return on equity of 11.84% and a net margin of 28.93%.The business had revenue of $281.93 million during the quarter, compared to analysts’ expectations of $275.25 million. During the same quarter in the prior year, the business earned $0.64 earnings per share. 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. Equities analysts predict that CubeSmart will post 2.57 earnings per share for the current year.

CubeSmart Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Wednesday, July 1st. CubeSmart’s dividend payout ratio is 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.