Smartstop Self Storage REIT (NYSE:SMA) Director Sells $13,787.00 in Stock

Smartstop Self Storage REIT Inc (NYSE:SMA) Director David Mueller sold 425 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $32.44, for a total value of $13,787.00. Following the completion of the transaction, the director owned 5,490 shares in the company, valued at $178,095.60. This represents a 7.19% 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 this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Smartstop Self Storage REIT Trading Down 0.1%

Shares of NYSE:SMA traded down $0.05 during midday trading on Wednesday, hitting $31.90. The company had a trading volume of 656,532 shares, compared to its average volume of 646,884. Smartstop Self Storage REIT Inc has a 12 month low of $29.41 and a 12 month high of $39.77. The company has a current ratio of 5.33, a quick ratio of 5.33 and a debt-to-equity ratio of 0.86. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 212.69 and a beta of 0.68. The firm has a fifty day simple moving average of $31.59 and a 200 day simple moving average of $31.92.

Smartstop Self Storage REIT (NYSE:SMA) last issued its quarterly earnings data on Wednesday, May 6th. The healthcare company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.48 by $0.01. The business had revenue of $78.31 million for the quarter, compared to the consensus estimate of $72.56 million. Smartstop Self Storage REIT had a return on equity of 1.00% and a net margin of 4.38%.The company’s revenue was up 19.7% compared to the same quarter last year. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. On average, analysts predict that Smartstop Self Storage REIT Inc will post 2.02 EPS for the current year.

Smartstop Self Storage REIT Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.1315 per share. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend is Tuesday, June 30th. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is presently 1,086.67%.

Institutional Investors Weigh In On Smartstop Self Storage REIT

A number of institutional investors have recently made changes to their positions in SMA. Principal Financial Group Inc. boosted its holdings in shares of Smartstop Self Storage REIT by 10,361.9% during the fourth quarter. Principal Financial Group Inc. now owns 2,067,159 shares of the healthcare company’s stock worth $63,958,000 after acquiring an additional 2,047,400 shares during the period. Vanguard Group Inc. raised its position in shares of Smartstop Self Storage REIT by 122.2% in the fourth quarter. Vanguard Group Inc. now owns 3,576,922 shares of the healthcare company’s stock valued at $110,670,000 after buying an additional 1,967,321 shares in the last quarter. Conversant Capital LLC acquired a new stake in shares of Smartstop Self Storage REIT in the second quarter valued at approximately $36,098,000. Price T Rowe Associates Inc. MD raised its position in shares of Smartstop Self Storage REIT by 13.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,913,679 shares of the healthcare company’s stock valued at $182,972,000 after buying an additional 710,871 shares in the last quarter. Finally, Rush Island Management LP acquired a new stake in shares of Smartstop Self Storage REIT in the fourth quarter valued at approximately $15,644,000.

Analyst Ratings Changes

SMA has been the topic of several recent research reports. Stifel Nicolaus dropped their price target on Smartstop Self Storage REIT from $39.50 to $38.50 and set a “buy” rating on the stock in a research note on Thursday, February 26th. JPMorgan Chase & Co. lowered their target price on Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating on the stock in a research report on Monday, March 23rd. Wall Street Zen raised Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Robert W. Baird lowered their target price on Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 11th. Finally, Scotiabank upgraded Smartstop Self Storage REIT to a “strong-buy” rating in a report on Thursday, March 19th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.81.

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.