GSI Capital Advisors LLC trimmed its holdings in Smartstop Self Storage REIT Inc (NYSE:SMA – Free Report) by 36.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 124,919 shares of the healthcare company’s stock after selling 72,533 shares during the period. Smartstop Self Storage REIT makes up about 2.2% of GSI Capital Advisors LLC’s holdings, making the stock its 21st largest holding. GSI Capital Advisors LLC owned approximately 0.23% of Smartstop Self Storage REIT worth $3,865,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Creative Financial Designs Inc. ADV acquired a new position in Smartstop Self Storage REIT during the fourth quarter worth $25,000. Northwestern Mutual Wealth Management Co. acquired a new position in Smartstop Self Storage REIT during the fourth quarter worth $27,000. Raymond James Financial Inc. acquired a new position in Smartstop Self Storage REIT during the second quarter worth $35,000. Assetmark Inc. acquired a new position in Smartstop Self Storage REIT during the fourth quarter worth $31,000. Finally, Strategic Advocates LLC acquired a new position in Smartstop Self Storage REIT during the fourth quarter worth $33,000.
Wall Street Analysts Forecast Growth
SMA has been the topic of a number of research reports. Scotiabank upgraded Smartstop Self Storage REIT to a “strong-buy” rating in a research note on Thursday, March 19th. Wells Fargo & Company upped their price target on Smartstop Self Storage REIT from $30.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. JPMorgan Chase & Co. decreased their price target on Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating on the stock in a research note on Monday, March 23rd. Weiss Ratings upgraded Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Finally, Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.17.
Smartstop Self Storage REIT Stock Down 1.1%
Shares of NYSE SMA opened at $32.53 on Friday. The stock has a market cap of $1.80 billion, a P/E ratio of 216.87 and a beta of 0.68. The company has a current ratio of 5.33, a quick ratio of 5.33 and a debt-to-equity ratio of 0.86. Smartstop Self Storage REIT Inc has a 12-month low of $29.41 and a 12-month high of $39.77. The business’s fifty day simple moving average is $31.48 and its 200-day simple moving average is $31.92.
Smartstop Self Storage REIT (NYSE:SMA – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. The business had revenue of $78.31 million for the quarter, compared to analysts’ expectations of $72.56 million. Smartstop Self Storage REIT had a return on equity of 1.00% and a net margin of 4.38%.Smartstop Self Storage REIT’s revenue was up 19.7% on a year-over-year basis. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. As a group, equities analysts predict that Smartstop Self Storage REIT Inc will post 2.02 EPS for the current fiscal year.
Smartstop Self Storage REIT Cuts Dividend
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.1315 dividend. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date is Tuesday, June 30th. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is presently 1,046.67%.
Smartstop Self Storage REIT Company Profile
Symmetry Medical Inc (Symmetry) is a medical device solutions company, including surgical instruments, orthopedic implants, and sterilization cases and trays. The Company designs, develops and offers worldwide production and supply chain capabilities for these products to customers in the orthopedic industry, and other medical device markets (including but not limited to arthroscopy, dental, laparoscopy, osteobiologic, and endoscopy segments). It also manufactures specialized non-healthcare products, primarily in the aerospace industry.
Recommended Stories
- Five stocks we like better than Smartstop Self Storage REIT
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Want to see what other hedge funds are holding SMA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Smartstop Self Storage REIT Inc (NYSE:SMA – Free Report).
Receive News & Ratings for Smartstop Self Storage REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smartstop Self Storage REIT and related companies with MarketBeat.com's FREE daily email newsletter.
