155,299 Shares in CubeSmart $CUBE Purchased by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP acquired 155,299 CubeSmart shares during the second quarter, valued at approximately $6.18 million and representing 0.07% of the REIT. Institutional investors collectively own 97.61% of CubeSmart.
• Analysts maintain a generally cautious outlook, with six Buy ratings and nine Hold ratings. CubeSmart has a consensus rating of Hold and an average price target of $43.50.
• CubeSmart reported quarterly revenue of $286.49 million, up 1.5% year over year, but missed EPS expectations. The company declared a quarterly dividend of $0.53, equivalent to a 5.2% annualized yield.

Quantbot Technologies LP acquired a new position in CubeSmart (NYSE:CUBE - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 155,299 shares of the real estate investment trust's stock, valued at approximately $6,176,000. Quantbot Technologies LP owned 0.07% of CubeSmart as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in CUBE. Wiser Advisor Group LLC purchased a new position in CubeSmart during the third quarter valued at $28,000. Essential Partners LLC grew its stake in shares of CubeSmart by 594.7% in the first quarter. Essential Partners LLC now owns 910 shares of the real estate investment trust's stock worth $33,000 after acquiring an additional 779 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of CubeSmart by 174.8% during the second quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust's stock valued at $38,000 after acquiring an additional 568 shares in the last quarter. SJS Investment Consulting Inc. bought a new position in shares of CubeSmart during the first quarter valued at $42,000. Finally, Los Angeles Capital Management LLC purchased a new position in shares of CubeSmart in the 4th quarter worth about $43,000. Institutional investors own 97.61% of the company's stock.

Analysts Set New Price Targets

CUBE has been the topic of a number of analyst reports. KeyCorp reiterated a "sector weight" rating on shares of CubeSmart in a research note on Tuesday, August 4th. Evercore set a $47.00 target price on shares of CubeSmart in a report on Monday, July 6th. Mizuho upped their target price on shares of CubeSmart from $40.00 to $42.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 27th. UBS Group upped their target price on shares of CubeSmart from $41.00 to $43.00 and gave the stock a "neutral" rating in a research note on Friday, July 10th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of CubeSmart in a report on Wednesday, July 15th. Six investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $43.50.

CubeSmart Stock Down 0.6%

CUBE opened at $40.95 on Friday. The stock has a market capitalization of $9.22 billion, a price-to-earnings ratio of 28.24, a PEG ratio of 6.73 and a beta of 1.07. The firm has a 50 day moving average price of $41.11 and a 200-day moving average price of $39.86. CubeSmart has a twelve month low of $35.09 and a twelve month high of $43.26. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 1.34.

CubeSmart (NYSE:CUBE - Get Free Report) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.25). CubeSmart had a return on equity of 12.35% and a net margin of 29.41%.The company had revenue of $286.49 million during the quarter, compared to analysts' expectations of $281.12 million. During the same quarter in the prior year, the business posted $0.65 EPS. The company's revenue for the quarter was up 1.5% compared to the same quarter last year. CubeSmart has set its Q3 2026 guidance at 0.640-0.660 EPS and its FY 2026 guidance at 2.540-2.600 EPS. Equities research analysts forecast that CubeSmart will post 2.57 earnings per share for the current year.

CubeSmart Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be paid a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Thursday, October 1st. CubeSmart's dividend payout ratio (DPR) is 146.21%.

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.

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