UBS Group AG Cuts Stake in CubeSmart $CUBE

UBS Group AG reduced its stake in CubeSmart (NYSE:CUBE) by 7.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 979,387 shares of the real estate investment trust’s stock after selling 75,854 shares during the period. UBS Group AG’s holdings in CubeSmart were worth $35,307,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of CUBE. Wiser Advisor Group LLC purchased a new stake in shares of CubeSmart in the third quarter worth $28,000. Geneos Wealth Management Inc. grew its stake 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 worth $38,000 after acquiring an additional 568 shares during the last quarter. Huntington National Bank grew its stake 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 worth $40,000 after acquiring an additional 295 shares during the last quarter. Avalon Trust Co purchased a new stake in shares of CubeSmart in the third quarter worth $51,000. Finally, Syntax Research Inc. purchased a new stake in shares of CubeSmart in the third quarter worth $71,000. 97.61% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other CubeSmart news, insider Jeffrey P. Foster sold 23,148 shares of the stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $41.02, for a total value of $949,530.96. Following the transaction, the insider owned 205,057 shares of the company’s stock, valued at approximately $8,411,438.14. This represents a 10.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.76% of the company’s stock.

CubeSmart Trading Up 0.5%

CubeSmart stock opened at $40.46 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.04 and a quick ratio of 0.04. CubeSmart has a one year low of $35.09 and a one year high of $44.13. The stock has a market capitalization of $9.16 billion, a PE ratio of 28.49, a price-to-earnings-growth ratio of 6.97 and a beta of 1.11. The business’s fifty day moving average is $38.84 and its 200 day moving average is $38.09.

CubeSmart (NYSE:CUBE) last released its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.36 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 analysts’ expectations of $275.25 million. During the same period last year, the firm posted $0.64 earnings per share. CubeSmart’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. On average, sell-side analysts predict that CubeSmart will post 2.57 EPS for the current year.

CubeSmart Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Wednesday, April 1st were issued a $0.53 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $2.12 dividend on an annualized basis and a yield of 5.2%. CubeSmart’s dividend payout ratio is currently 149.30%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Wells Fargo & Company cut 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. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $46.00 price objective on shares of CubeSmart in a research report on Monday, May 4th. Scotiabank raised CubeSmart to a “hold” rating in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft cut CubeSmart from a “buy” rating to a “hold” rating and set a $40.00 price objective on the stock. in a research report on Tuesday, January 20th. Finally, Wolfe Research cut CubeSmart from an “outperform” rating to a “peer perform” rating in a research report on Monday, January 26th. Six equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $43.57.

CubeSmart Company 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.