Quantinno Capital Management LP boosted its holdings in Smartstop Self Storage REIT Inc (NYSE:SMA – Free Report) by 449.6% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 93,930 shares of the healthcare company’s stock after buying an additional 76,839 shares during the period. Quantinno Capital Management LP owned approximately 0.17% of Smartstop Self Storage REIT worth $2,844,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of SMA. Principal Financial Group Inc. grew its stake in shares of 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 buying an additional 2,047,400 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Smartstop Self Storage REIT by 122.2% during the 4th 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 during the period. Conversant Capital LLC acquired a new position in Smartstop Self Storage REIT during the 2nd quarter worth approximately $36,098,000. Price T Rowe Associates Inc. MD lifted its position in Smartstop Self Storage REIT by 13.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,913,679 shares of the healthcare company’s stock worth $182,972,000 after acquiring an additional 710,871 shares in the last quarter. Finally, Rush Island Management LP purchased a new position in Smartstop Self Storage REIT in the 4th quarter worth approximately $15,644,000.
Analysts Set New Price Targets
A number of analysts have recently issued reports on SMA shares. Weiss Ratings upgraded shares of Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 16th. Wells Fargo & Company restated a “neutral” rating on shares of Smartstop Self Storage REIT in a research note on Friday, July 24th. Zacks Research raised shares of Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Finally, Raymond James Financial began coverage on shares of Smartstop Self Storage REIT in a report on Wednesday, July 15th. They set a “strong-buy” rating and a $39.00 price target for the company. Two 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $36.44.
Smartstop Self Storage REIT Stock Up 0.3%
Shares of NYSE:SMA opened at $34.40 on Monday. The company has a current ratio of 5.28, a quick ratio of 5.33 and a debt-to-equity ratio of 0.89. The company has a fifty day simple moving average of $33.06 and a 200 day simple moving average of $32.29. The firm has a market cap of $1.90 billion, a PE ratio of 67.44 and a beta of 0.50. Smartstop Self Storage REIT Inc has a 12-month low of $29.41 and a 12-month high of $39.77.
Smartstop Self Storage REIT (NYSE:SMA – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The healthcare company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.29). The company had revenue of $79.28 million during the quarter. Smartstop Self Storage REIT had a net margin of 9.68% and a return on equity of 2.33%. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.980-2.040 EPS. On average, equities research analysts anticipate that Smartstop Self Storage REIT Inc will post 2 EPS for the current fiscal year.
Smartstop Self Storage REIT Increases Dividend
The business also recently announced 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 a boost from Smartstop Self Storage REIT’s previous monthly dividend of $0.14. The ex-dividend date is Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is currently 319.61%.
Smartstop Self Storage REIT 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.
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