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Nationwide Fund Advisors Has Lowered Cubesmart Reit Usd 0.01 (CUBE) Holding; Adtran Has 1.52 Sentiment

Nationwide Fund Advisors decreased Cubesmart Reit Usd 0.01 (CUBE) stake by 12.67% reported in 2017Q3 SEC filing. Nationwide Fund Advisors sold 12,401 shares as Cubesmart Reit Usd 0.01 (CUBE)’s stock declined 7.70%. The Nationwide Fund Advisors holds 85,510 shares with $2.22 million value, down from 97,911 last quarter. Cubesmart Reit Usd 0.01 now has $5.00 billion valuation. The stock increased 2.18% or $0.58 during the last trading session, reaching $27.16. About 999,748 shares traded. CubeSmart (NYSE:CUBE) has declined 19.28% since February 24, 2017 and is downtrending. It has underperformed by 35.98% the S&P500.

ADTRAN, Inc. provides networking and communications equipment worldwide. The company has market cap of $755.95 million. The firm operates through two divisions, Network Solutions and Services & Support. It has a 32.04 P/E ratio. It offers access and aggregation solutions, including fiber to the premises and fiber to the node multi-service access nodes (MSAN); fiber aggregation and FTTN MSAN; fiber to the distribution point optical network units; optical line terminals; fiber access network elements; optical networking edge aggregation; and IP digital subscriber line access multiplexers.

Analysts await ADTRAN, Inc. (NASDAQ:ADTN) to report earnings on April, 17. They expect $-0.17 earnings per share, down 213.33% or $0.32 from last year’s $0.15 per share. After $0.05 actual earnings per share reported by ADTRAN, Inc. for the previous quarter, Wall Street now forecasts -440.00% negative EPS growth.

The stock decreased 0.63% or $0.1 during the last trading session, reaching $15.7. About 554,745 shares traded or 1.36% up from the average. ADTRAN, Inc. (ADTN) has risen 6.95% since February 24, 2017 and is uptrending. It has underperformed by 9.75% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 2 insider sales for $1.25 million activity.

Tieton Capital Management Llc holds 5.27% of its portfolio in ADTRAN, Inc. for 255,099 shares. Van Berkom & Associates Inc. owns 2.01 million shares or 1.73% of their US portfolio. Moreover, Skyline Asset Management Lp has 1.55% invested in the company for 816,100 shares. The Texas-based Nokomis Capital L.L.C. has invested 1.04% in the stock. Dean Capital Management, a Kansas-based fund reported 89,805 shares.

Analysts await CubeSmart (NYSE:CUBE) to report earnings on April, 26. They expect $0.39 EPS, up 8.33% or $0.03 from last year’s $0.36 per share. CUBE’s profit will be $71.83M for 17.41 P/E if the $0.39 EPS becomes a reality. After $0.41 actual EPS reported by CubeSmart for the previous quarter, Wall Street now forecasts -4.88% negative EPS growth.

Nationwide Fund Advisors increased Rent (NASDAQ:RCII) stake by 39,612 shares to 197,783 valued at $2.27 million in 2017Q3. It also upped Cardinal Health Inc (NYSE:CAH) stake by 31,402 shares and now owns 286,634 shares. Advanced Drainage (NYSE:WMS) was raised too.

Among 13 analysts covering CubeSmart (NYSE:CUBE), 4 have Buy rating, 1 Sell and 8 Hold. Therefore 31% are positive. CubeSmart had 43 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, November 22, the company rating was maintained by SunTrust. The firm earned “Hold” rating on Monday, March 21 by Evercore. The rating was maintained by Cantor Fitzgerald on Thursday, February 15 with “Buy”. The stock of CubeSmart (NYSE:CUBE) has “Outperform” rating given on Thursday, July 23 by Robert W. Baird. The stock of CubeSmart (NYSE:CUBE) has “Hold” rating given on Monday, October 23 by KeyBanc Capital Markets. The company was maintained on Thursday, March 23 by BMO Capital Markets. The firm has “Buy” rating by BB&T Capital given on Wednesday, November 11. Bank of America downgraded the shares of CUBE in report on Friday, January 20 to “Neutral” rating. FBR Capital initiated the shares of CUBE in report on Thursday, June 23 with “Outperform” rating. The firm has “Buy” rating by Cantor Fitzgerald given on Thursday, October 26.

Since December 12, 2017, it had 0 buys, and 4 selling transactions for $7.67 million activity. MARR CHRISTOPHER P also sold $2.93M worth of CubeSmart (NYSE:CUBE) shares. The insider MARTIN TIMOTHY M sold 57,746 shares worth $1.70 million. The insider Perry Jonathan L sold 20,270 shares worth $595,392.

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