Cbre Investment Management Listed Real Assets LLC Buys 105,105 Shares of CubeSmart $CUBE

Cbre Investment Management Listed Real Assets LLC grew its stake in shares of CubeSmart (NYSE:CUBE) by 3.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,469,724 shares of the real estate investment trust’s stock after buying an additional 105,105 shares during the period. CubeSmart accounts for about 1.8% of Cbre Investment Management Listed Real Assets LLC’s investment portfolio, making the stock its 21st largest position. Cbre Investment Management Listed Real Assets LLC’s holdings in CubeSmart were worth $125,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of CUBE. Royal Bank of Canada raised its position in shares of CubeSmart by 1.3% during the first quarter. Royal Bank of Canada now owns 173,960 shares of the real estate investment trust’s stock valued at $7,429,000 after buying an additional 2,284 shares during the last quarter. Jones Financial Companies Lllp increased its position in CubeSmart by 944.3% in the first quarter. Jones Financial Companies Lllp now owns 7,091 shares of the real estate investment trust’s stock worth $303,000 after purchasing an additional 6,412 shares during the last quarter. Goldman Sachs Group Inc. increased its position in CubeSmart by 4.2% in the first quarter. Goldman Sachs Group Inc. now owns 484,293 shares of the real estate investment trust’s stock worth $20,684,000 after purchasing an additional 19,476 shares during the last quarter. Caxton Associates LLP bought a new stake in CubeSmart in the first quarter worth $270,000. Finally, Cetera Investment Advisers increased its position in CubeSmart by 1.6% in the second quarter. Cetera Investment Advisers now owns 17,212 shares of the real estate investment trust’s stock worth $731,000 after purchasing an additional 265 shares during the last quarter. Institutional investors own 97.61% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on CUBE shares. BNP Paribas Exane upgraded shares of CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 price target on the stock in a research report on Wednesday, March 18th. Scotiabank upgraded shares of CubeSmart to a “hold” rating in a research report on Thursday, March 19th. Barclays boosted their price target on shares of CubeSmart from $43.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 5th. Royal Bank Of Canada restated an “outperform” rating and issued a $46.00 price target on shares of CubeSmart in a research report on Monday, May 4th. Finally, Wells Fargo & Company boosted their price target on shares of CubeSmart from $39.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Monday. Five research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, CubeSmart presently has a consensus rating of “Hold” and a consensus target price of $43.42.

CubeSmart Stock Down 1.8%

NYSE CUBE opened at $39.28 on Tuesday. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 1.29. The company has a fifty day moving average of $38.87 and a two-hundred day moving average of $38.13. The firm has a market capitalization of $8.89 billion, a price-to-earnings ratio of 27.66, a PEG ratio of 6.91 and a beta of 1.09. CubeSmart has a 52 week low of $35.09 and a 52 week high of $44.13.

CubeSmart (NYSE:CUBE) last posted its quarterly earnings data 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. The company had revenue of $281.93 million during the quarter, compared to analyst estimates of $275.25 million. CubeSmart had a net margin of 28.93% and a return on equity of 11.84%. CubeSmart’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.64 earnings per share. CubeSmart has set its FY 2026 guidance at 2.520-2.600 EPS and its Q2 2026 guidance at 0.620-0.640 EPS. On average, analysts predict that CubeSmart will post 2.58 earnings per share for the current year.

CubeSmart Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders 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 yield of 5.4%. The ex-dividend date of this dividend is Wednesday, July 1st. CubeSmart’s payout ratio is presently 149.30%.

About CubeSmart

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.