Smartstop Self Storage REIT (NYSE:SMA) Director Sells $14,322.50 in Stock

Smartstop Self Storage REIT Inc (NYSE:SMA) Director David Mueller sold 425 shares of Smartstop Self Storage REIT stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $33.70, for a total transaction of $14,322.50. Following the sale, the director owned 4,640 shares of the company’s stock, valued at approximately $156,368. This represents a 8.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Smartstop Self Storage REIT Trading Up 0.5%

Shares of SMA traded up $0.16 on Tuesday, reaching $34.26. 778,138 shares of the company’s stock were exchanged, compared to its average volume of 789,686. The business has a 50 day moving average price of $33.44 and a two-hundred day moving average price of $32.36. Smartstop Self Storage REIT Inc has a 12 month low of $29.41 and a 12 month high of $39.77. The stock has a market capitalization of $1.90 billion, a P/E ratio of 67.18 and a beta of 0.50. The company has a current ratio of 5.28, a quick ratio of 5.28 and a debt-to-equity ratio of 0.89.

Smartstop Self Storage REIT (NYSE:SMA) last announced its quarterly earnings data on Wednesday, August 5th. The healthcare company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.29). Smartstop Self Storage REIT had a net margin of 9.68% and a return on equity of 2.33%. The business had revenue of $79.28 million during the quarter. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. Research analysts anticipate that Smartstop Self Storage REIT Inc will post 2 earnings per share for the current year.

Smartstop Self Storage REIT Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a $0.1359 dividend. This is an increase from Smartstop Self Storage REIT’s previous monthly dividend of $0.14. The ex-dividend date of this dividend is Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is currently 319.61%.

Institutional Trading of Smartstop Self Storage REIT

Several hedge funds have recently added to or reduced their stakes in the business. Principal Financial Group Inc. grew its stake in Smartstop Self Storage REIT by 10,361.9% in the fourth quarter. Principal Financial Group Inc. now owns 2,067,159 shares of the healthcare company’s stock valued at $63,958,000 after acquiring an additional 2,047,400 shares during the period. Merit Financial Group LLC bought a new stake in shares of Smartstop Self Storage REIT in the fourth quarter worth about $3,558,000. Quantinno Capital Management LP raised its position in shares of Smartstop Self Storage REIT by 449.6% during the first quarter. Quantinno Capital Management LP now owns 93,930 shares of the healthcare company’s stock worth $2,844,000 after purchasing an additional 76,839 shares during the period. Asset Management One Co. Ltd. raised its position in shares of Smartstop Self Storage REIT by 76.0% during the fourth quarter. Asset Management One Co. Ltd. now owns 76,778 shares of the healthcare company’s stock worth $2,399,000 after purchasing an additional 33,158 shares during the period. Finally, Conversant Capital LLC bought a new position in shares of Smartstop Self Storage REIT during the 1st quarter valued at about $25,972,000.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on SMA shares. National Bank Financial lifted their price objective on Smartstop Self Storage REIT from $38.50 to $39.25 and gave the stock an “outperform” rating in a research note on Tuesday. Raymond James Financial started coverage on Smartstop Self Storage REIT in a research note on Wednesday, July 15th. They issued 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 report on Friday, May 8th. Weiss Ratings upgraded Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Finally, Robert W. Baird boosted their target price on Smartstop Self Storage REIT from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Smartstop Self Storage REIT has an average rating of “Moderate Buy” and an average target price of $36.47.

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.