Mitsubishi UFJ Trust & Banking Corp Sells 68,808 Shares of CubeSmart $CUBE

Mitsubishi UFJ Trust & Banking Corp cut its holdings in CubeSmart (NYSE:CUBE) by 18.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 302,687 shares of the real estate investment trust’s stock after selling 68,808 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in CubeSmart were worth $10,912,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in CUBE. Diamond Hill Capital Management Inc. increased its stake in CubeSmart by 4.4% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 1,813,777 shares of the real estate investment trust’s stock worth $73,748,000 after purchasing an additional 75,855 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in CubeSmart by 817.9% in the 3rd 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. Retirement Systems of Alabama increased its stake in CubeSmart by 5.4% in the 3rd 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. Davidson Investment Advisors increased its stake in CubeSmart by 29.3% in the 3rd quarter. Davidson Investment Advisors now owns 460,024 shares of the real estate investment trust’s stock worth $18,705,000 after purchasing an additional 104,283 shares during the period. Finally, Pacific Heights Asset Management LLC purchased a new position in CubeSmart in the 3rd quarter worth approximately $12,198,000. 97.61% of the stock is owned by institutional investors.

CubeSmart Trading Down 0.8%

NYSE:CUBE opened at $40.14 on Friday. CubeSmart has a one year low of $35.09 and a one year high of $44.13. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.04 and a quick ratio of 0.04. The company’s 50-day simple moving average is $38.84 and its 200 day simple moving average is $38.16. The firm has a market capitalization of $9.15 billion, a P/E ratio of 27.68, a PEG ratio of 6.39 and a beta of 1.11.

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. CubeSmart had a net margin of 28.93% and a return on equity of 11.70%. The business had revenue of $281.93 million for the quarter, compared to analyst estimates of $275.25 million. During the same quarter in the previous year, the firm posted $0.64 earnings per share. CubeSmart’s quarterly revenue was up 3.3% on a year-over-year basis. 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, analysts forecast that CubeSmart will post 2.58 EPS for the current fiscal year.

CubeSmart Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Wednesday, April 1st were paid a dividend of $0.53 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $2.12 annualized dividend and a yield of 5.3%. CubeSmart’s payout ratio is presently 146.21%.

Key Headlines Impacting CubeSmart

Here are the key news stories impacting CubeSmart this week:

• Positive Sentiment: Beat near-term estimates: Q1 EPS of $0.36 topped consensus ~$0.34 and revenue of $281.9M exceeded estimates; FFO/share of $0.63 slightly beat the Zacks consensus of $0.62. CubeSmart Reports First Quarter 2026 Results CubeSmart Surpasses Q1 FFO and Revenue Estimates
• Neutral Sentiment: Management commentary (earnings call) provided color on operations and the outlook; the transcript is available for detail on occupancy, pricing and capital deployment decisions that drove the guidance. CubeSmart Q1 2026 Earnings Call Transcript
• Negative Sentiment: Cautious forward guidance: Q2 2026 EPS guided to $0.620–$0.640 (consensus ~0.640) and FY2026 EPS to $2.520–$2.600 (street ~2.57). The guidance range and a slight year-over-year decline in FFO/EPS raise near‑term growth concerns. CubeSmart Earnings & Guidance Summary
• Negative Sentiment: Analysts are reworking valuations and price targets after the mixed print and guidance; coverage notes emphasize slower FFO growth and the need to monitor operating trends. How The CubeSmart Story Is Shifting As Analysts Rework Valuation Targets
• Negative Sentiment: Net income and some per‑share metrics are down year‑over‑year (FFO $0.63 vs $0.64 a year ago), underscoring the company’s slower growth trajectory despite the quarter’s beats. CubeSmart Posts Lower Q1 Earnings, Provides 2026 Outlook

Insider Buying and Selling

In other CubeSmart news, insider Jeffrey P. Foster sold 23,148 shares of the business’s stock in a transaction 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 of the company’s stock, valued at approximately $8,411,438.14. The trade was a 10.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 1.76% of the company’s stock.

Analysts Set New Price Targets

CUBE has been the topic of several research analyst reports. Wells Fargo & Company reduced their target price on CubeSmart from $40.00 to $39.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 16th. UBS Group reduced their target price on CubeSmart from $38.00 to $37.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Deutsche Bank Aktiengesellschaft cut CubeSmart from a “buy” rating to a “hold” rating and set a $40.00 target price on the stock. in a research note on Tuesday, January 20th. Wolfe Research cut CubeSmart from an “outperform” rating to a “peer perform” rating in a research note on Monday, January 26th. Finally, Scotiabank raised CubeSmart to a “hold” rating in a research note on Thursday, March 19th. Six equities research 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, the company presently has an average rating of “Hold” and a consensus price target of $43.57.

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.