Cubesmart (NYSE:CUBE) Institutional Investor Sentiment Trend

July 18, 2017 - By Marie Mckinney

 Cubesmart (NYSE:CUBE) Institutional Investor Sentiment Trend

Sentiment for Cubesmart (NYSE:CUBE)

Cubesmart (NYSE:CUBE) institutional sentiment increased to 1.1 in Q4 2016. Its up 0.08, from 1.02 in 2016Q3. The ratio is positive, as 122 active investment managers increased and started new stock positions, while 111 sold and reduced their positions in Cubesmart. The active investment managers in our partner’s database now possess: 175.48 million shares, down from 175.51 million shares in 2016Q3. Also, the number of active investment managers holding Cubesmart in their top 10 stock positions decreased from 5 to 3 for a decrease of 2. Sold All: 35 Reduced: 76 Increased: 87 New Position: 35.

CubeSmart operates as a self-managed and self-administered real estate company. The company has market cap of $4.40 billion. The Firm focuses on the ownership, operation, management, acquisition and development of self-storage properties in the United States. It has a 48 P/E ratio. The Company’s self-storage properties are designed to offer storage space for its residential and commercial customers.

It closed at $24.09 lastly. It is down 19.28% since July 18, 2016 and is downtrending. It has underperformed by 35.98% the S&P500.

Investors wait CubeSmart (NYSE:CUBE) to report on July, 27. its quarterly earnings Wall Street analysts expect $0.38 EPS, up $0.02 or 5.56 % from last year’s $0.36 same quarter earnings. This translates into $69.41 million profit for CUBE giving the stock a 15.85 P/E. This is assuming the current $0.38 EPS is accurate. CubeSmart’s Wall Street analysts see 5.56 % EPS growth, taking into account the $0.36 EPS reproted in the previous quarter,

Grs Advisors Llc holds 6.28% of its portfolio in CubeSmart for 384,232 shares. Presima Inc. owns 1.35 million shares or 5.36% of their US portfolio. Moreover, Security Capital Research & Management Inc has 3.45% invested in the company for 3.96 million shares. The Maryland-based Lasalle Investment Management Securities Llc has invested 3.03% in the stock. American Assets Capital Advisers, a California-based fund reported 146,249 shares.#img1#

CubeSmart (NYSE:CUBE) Ratings Coverage

Ratings analysis reveals 67% of CubeSmart’s analysts are positive. Out of 12 Wall Street analysts rating CubeSmart, 8 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $27 while the high is $37. The stock’s average target of $31 is 28.68% above today’s ($24.09) share price. CUBE was included in 23 notes of analysts from July 21, 2015. BB&T Capital initiated the shares of CUBE in report on Wednesday, November 11 with “Buy” rating. As per Tuesday, September 8, the company rating was maintained by Evercore. DA Davidson initiated CubeSmart (NYSE:CUBE) rating on Friday, June 24. DA Davidson has “Neutral” rating and $35 target. On Wednesday, August 10 the stock rating was maintained by Jefferies with “Buy”. The stock has “Buy” rating by BMO Capital Markets on Thursday, March 23. Robert W. Baird initiated the shares of CUBE in report on Thursday, July 23 with “Outperform” rating. The firm has “Neutral” rating given on Friday, January 20 by Bank of America. The company was maintained on Thursday, May 12 by Citigroup. The firm earned “Buy” rating on Wednesday, April 19 by Jefferies. Evercore downgraded the stock to “Hold” rating in Monday, March 21 report.

More important recent CubeSmart (NYSE:CUBE) news were published by: Globenewswire.com which released: “CubeSmart Announces the Date of Its Second Quarter 2017 Earnings Release and …” on June 26, 2017, also Timesfreepress.com published article titled: “CubeSmart to double Brainerd facility”, Nasdaq.com published: “First Week of February 2018 Options Trading For CubeSmart (CUBE)” on June 20, 2017. More interesting news about CubeSmart (NYSE:CUBE) was released by: Nasdaq.com and their article: “CubeSmart (CUBE) Ex-Dividend Date Scheduled for June 29, 2017” with publication date: June 28, 2017.

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