CubeSmart $CUBE Shares Sold by Aew Capital Management L P

Aew Capital Management L P lowered its position in shares of CubeSmart (NYSE:CUBE) by 86.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,580 shares of the real estate investment trust’s stock after selling 123,290 shares during the quarter. CubeSmart comprises 0.0% of Aew Capital Management L P’s portfolio, making the stock its 28th largest position. Aew Capital Management L P’s holdings in CubeSmart were worth $670,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Diamond Hill Capital Management Inc. raised its stake in CubeSmart by 4.4% during the third quarter. Diamond Hill Capital Management Inc. now owns 1,813,777 shares of the real estate investment trust’s stock valued at $73,748,000 after buying an additional 75,855 shares in the last quarter. Retirement Systems of Alabama raised its holdings in shares of CubeSmart by 5.4% during the third quarter. Retirement Systems of Alabama now owns 639,109 shares of the real estate investment trust’s stock worth $25,986,000 after purchasing an additional 32,697 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of CubeSmart by 817.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 98,298 shares of the real estate investment trust’s stock worth $3,936,000 after purchasing an additional 87,589 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of CubeSmart by 1.7% during the third quarter. JPMorgan Chase & Co. now owns 5,340,869 shares of the real estate investment trust’s stock worth $217,162,000 after purchasing an additional 91,694 shares during the period. Finally, American Century Companies Inc. raised its holdings in shares of CubeSmart by 9.0% during the third quarter. American Century Companies Inc. now owns 723,754 shares of the real estate investment trust’s stock worth $29,428,000 after purchasing an additional 59,990 shares during the period. Institutional investors and hedge funds own 97.61% of the company’s stock.

Insider Buying and Selling

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

CubeSmart Stock Up 1.6%

CUBE stock opened at $39.59 on Thursday. The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of 1.29. CubeSmart has a fifty-two week low of $35.09 and a fifty-two week high of $44.13. The firm’s 50-day simple moving average is $38.67 and its 200 day simple moving average is $37.98. The stock has a market cap of $8.96 billion, a PE ratio of 27.88, a price-to-earnings-growth ratio of 6.75 and a beta of 1.11.

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

CubeSmart Announces Dividend

The firm 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 $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 5.4%. The ex-dividend date is Wednesday, July 1st. CubeSmart’s dividend payout ratio (DPR) is currently 149.30%.

Analyst Ratings Changes

A number of brokerages have weighed in on CUBE. BNP Paribas Exane raised shares of CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 target price on the stock in a report on Wednesday, March 18th. Wall Street Zen upgraded CubeSmart from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. UBS Group increased their price target on CubeSmart from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Monday. Wolfe Research cut CubeSmart from an “outperform” rating to a “peer perform” rating in a research report on Monday, January 26th. Finally, Scotiabank upgraded CubeSmart to a “hold” rating in a research report on Thursday, March 19th. Five analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, CubeSmart currently has a consensus rating of “Hold” and an average price target of $43.00.

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.