GSA Capital Partners LLP Takes $949,000 Position in CubeSmart $CUBE

GSA Capital Partners LLP bought a new stake in CubeSmart (NYSE:CUBE) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 26,326 shares of the real estate investment trust’s stock, valued at approximately $949,000.

Other hedge funds also recently modified their holdings of the company. Wiser Advisor Group LLC purchased a new stake in shares of CubeSmart in the third quarter valued at $28,000. Geneos Wealth Management Inc. lifted its holdings in shares of CubeSmart by 174.8% in the second quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 568 shares in the last quarter. Huntington National Bank lifted its holdings in shares of CubeSmart by 43.3% in the third quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock valued at $40,000 after purchasing an additional 295 shares in the last quarter. Avalon Trust Co purchased a new stake in shares of CubeSmart during the third quarter worth $51,000. Finally, Syntax Research Inc. purchased a new stake in shares of CubeSmart during the third quarter worth $71,000. Hedge funds and other institutional investors own 97.61% of the company’s stock.

Insiders Place Their Bets

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

Analyst Ratings Changes

Several analysts recently issued reports on the company. BNP Paribas Exane upgraded CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 price objective for the company in a report on Wednesday, March 18th. Wall Street Zen raised shares of CubeSmart from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Royal Bank Of Canada reissued an “outperform” rating and set a $46.00 target price on shares of CubeSmart in a research report on Monday, May 4th. Wolfe Research downgraded shares of CubeSmart from an “outperform” rating to a “peer perform” rating in a research report on Monday, January 26th. Finally, Scotiabank raised shares of CubeSmart to a “hold” rating in a research report on Thursday, March 19th. Five investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $43.00.

CubeSmart Trading Down 0.1%

Shares of NYSE:CUBE opened at $40.09 on Friday. The company has a market cap of $9.08 billion, a P/E ratio of 28.23, a P/E/G ratio of 6.95 and a beta of 1.11. The stock’s 50-day moving average is $38.70 and its 200-day moving average is $38.01. CubeSmart has a 52-week low of $35.09 and a 52-week high of $44.13. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.04 and a current ratio of 0.04.

CubeSmart (NYSE:CUBE) last issued its quarterly earnings results on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, beating 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 company had revenue of $281.93 million for the quarter, compared to the consensus estimate of $275.25 million. During the same period last year, the business posted $0.64 earnings per share. The firm’s 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 research analysts predict that CubeSmart will post 2.57 earnings per share for the current year.

CubeSmart Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $2.12 dividend on an annualized basis and a yield of 5.3%. CubeSmart’s dividend payout ratio (DPR) 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.