Swiss National Bank Buys 48,200 Shares of Smartstop Self Storage REIT Inc $SMA

Swiss National Bank raised its stake in shares of Smartstop Self Storage REIT Inc (NYSE:SMA) by 78.6% during the first quarter, Holdings Channel reports. The firm owned 109,500 shares of the healthcare company’s stock after buying an additional 48,200 shares during the quarter. Swiss National Bank’s holdings in Smartstop Self Storage REIT were worth $3,316,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Rossby Financial LCC lifted its position in shares of Smartstop Self Storage REIT by 7.4% in the 4th quarter. Rossby Financial LCC now owns 7,186 shares of the healthcare company’s stock worth $222,000 after purchasing an additional 497 shares during the period. Arax Advisory Partners increased its position in shares of Smartstop Self Storage REIT by 80.1% during the fourth quarter. Arax Advisory Partners now owns 1,439 shares of the healthcare company’s stock valued at $45,000 after buying an additional 640 shares during the period. MetLife Investment Management LLC raised its stake in Smartstop Self Storage REIT by 3.5% in the fourth quarter. MetLife Investment Management LLC now owns 19,944 shares of the healthcare company’s stock worth $617,000 after buying an additional 671 shares in the last quarter. Assetmark Inc. lifted its holdings in Smartstop Self Storage REIT by 68.0% in the first quarter. Assetmark Inc. now owns 1,704 shares of the healthcare company’s stock worth $52,000 after buying an additional 690 shares during the period. Finally, Strs Ohio lifted its holdings in Smartstop Self Storage REIT by 0.7% in the first quarter. Strs Ohio now owns 104,200 shares of the healthcare company’s stock worth $3,155,000 after buying an additional 700 shares during the period.

Smartstop Self Storage REIT Price Performance

Shares of SMA opened at $34.86 on Thursday. Smartstop Self Storage REIT Inc has a fifty-two week low of $29.41 and a fifty-two week high of $39.77. The firm’s 50-day simple moving average is $32.67 and its two-hundred day simple moving average is $32.24. The stock has a market cap of $1.93 billion, a PE ratio of 232.39 and a beta of 0.56. The company has a debt-to-equity ratio of 0.86, a quick ratio of 5.33 and a current ratio of 5.33.

Smartstop Self Storage REIT (NYSE:SMA) last released its earnings results 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. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. The firm had revenue of $78.31 million during the quarter, compared to analyst estimates of $72.56 million. The firm’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. Analysts anticipate that Smartstop Self Storage REIT Inc will post 2 earnings per share for the current fiscal year.

Smartstop Self Storage REIT Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be given a dividend of $0.1359 per share. This is a boost from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 4.7%. Smartstop Self Storage REIT’s dividend payout ratio is 1,053.33%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Raymond James Financial assumed coverage on Smartstop Self Storage REIT in a report on Wednesday, July 15th. They set a “strong-buy” rating and a $39.00 target price on the stock. Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Wells Fargo & Company reaffirmed a “neutral” rating on shares of Smartstop Self Storage REIT in a research note on Friday, July 24th. Finally, Weiss Ratings upgraded Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $36.44.

About Smartstop Self Storage REIT

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.