Fieldview Capital Management LLC Sells 96,192 Shares of CubeSmart $CUBE

Fieldview Capital Management LLC decreased its stake in shares of CubeSmart (NYSE:CUBE) by 85.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 17,001 shares of the real estate investment trust’s stock after selling 96,192 shares during the quarter. Fieldview Capital Management LLC’s holdings in CubeSmart were worth $613,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wiser Advisor Group LLC bought a new position in shares of CubeSmart during the 3rd quarter worth about $28,000. Geneos Wealth Management Inc. increased its holdings in shares of CubeSmart by 174.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 893 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 568 shares during the period. Huntington National Bank increased its holdings in shares of CubeSmart by 43.3% during the 3rd quarter. Huntington National Bank now owns 977 shares of the real estate investment trust’s stock worth $40,000 after purchasing an additional 295 shares during the period. Los Angeles Capital Management LLC bought a new position in shares of CubeSmart during the 4th quarter worth about $43,000. Finally, Global Retirement Partners LLC increased its holdings in shares of CubeSmart by 95.0% during the 4th quarter. Global Retirement Partners LLC now owns 1,213 shares of the real estate investment trust’s stock worth $44,000 after purchasing an additional 591 shares during the period. Institutional investors own 97.61% of the company’s stock.

CubeSmart Price Performance

Shares of CubeSmart stock opened at $41.31 on Tuesday. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $9.35 billion, a price-to-earnings ratio of 29.09, a P/E/G ratio of 7.24 and a beta of 1.09. CubeSmart has a 1-year low of $35.09 and a 1-year high of $43.63. The firm’s 50-day moving average price is $39.72 and its two-hundred day moving average price is $38.44.

CubeSmart (NYSE:CUBE) last announced its quarterly earnings data on Thursday, April 30th. The real estate investment trust reported $0.36 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $275.25 million. During the same period in the prior year, the business 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, equities analysts predict that CubeSmart will post 2.58 earnings per share for the current fiscal year.

CubeSmart Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be issued a $0.53 dividend. This represents a $2.12 annualized dividend and a yield of 5.1%. The ex-dividend date is Wednesday, July 1st. CubeSmart’s dividend payout ratio is currently 149.30%.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Royal Bank Of Canada restated an “outperform” rating and set a $46.00 price objective on shares of CubeSmart in a report on Monday, May 4th. BNP Paribas Exane upgraded shares of CubeSmart from a “neutral” rating to an “outperform” rating and set a $43.00 price objective on the stock in a report on Wednesday, March 18th. Barclays boosted their price objective on shares of CubeSmart from $43.00 to $45.00 and gave the stock an “equal weight” rating in a report on Thursday, March 5th. UBS Group boosted their price objective on shares of CubeSmart from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Monday, May 18th. Finally, Mizuho boosted their price objective on shares of CubeSmart from $40.00 to $42.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Five analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $43.42.

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.