Global Self Storage (NASDAQ:SELF) CEO Mark Campbell Winmill Purchases 3,658 Shares

Global Self Storage, Inc. (NASDAQ:SELF) CEO Mark Winmill bought 3,658 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was purchased at an average price of $5.16 per share, for a total transaction of $18,875.28. Following the completion of the acquisition, the chief executive officer owned 372,240 shares in the company, valued at $1,920,758.40. This represents a 0.99% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Mark Campbell Winmill also recently made the following trade(s):

• On Thursday, September 10th, Mark Winmill acquired 342 shares of Global Self Storage stock. The shares were bought at an average price of $5.16 per share, for a total transaction of $1,764.72.

Global Self Storage Price Performance

SELF opened at $5.11 on Friday. The company has a market capitalization of $58.36 million and a price-to-earnings ratio of 28.39. The firm’s fifty day moving average price is $5.23 and its two-hundred day moving average price is $5.21. Global Self Storage, Inc. has a 1 year low of $4.73 and a 1 year high of $5.75.

Global Self Storage (NASDAQ:SELF) last announced its earnings results on Friday, August 7th. The financial services provider reported $0.07 EPS for the quarter, beating the consensus estimate of $0.06 by $0.01. Global Self Storage had a net margin of 16.64% and a return on equity of 4.57%. The company had revenue of $3.21 million during the quarter, compared to the consensus estimate of $3.15 million.

Global Self Storage Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a $0.0725 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $0.29 annualized dividend and a yield of 5.7%. Global Self Storage’s dividend payout ratio (DPR) is 161.11%.

Institutional Trading of Global Self Storage

Several hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in shares of Global Self Storage by 3.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 61,131 shares of the financial services provider’s stock valued at $307,000 after acquiring an additional 2,032 shares during the period. Geode Capital Management LLC grew its stake in shares of Global Self Storage by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 144,144 shares of the financial services provider’s stock worth $735,000 after acquiring an additional 2,867 shares during the period. Raymond James Financial Inc. increased its holdings in Global Self Storage by 20.4% in the 2nd quarter. Raymond James Financial Inc. now owns 18,758 shares of the financial services provider’s stock worth $100,000 after acquiring an additional 3,179 shares during the last quarter. NewEdge Advisors LLC raised its stake in Global Self Storage by 54.5% in the 3rd quarter. NewEdge Advisors LLC now owns 24,100 shares of the financial services provider’s stock valued at $121,000 after acquiring an additional 8,500 shares during the period. Finally, Virtu Financial LLC purchased a new stake in Global Self Storage during the third quarter valued at about $54,000. Institutional investors own 28.88% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Global Self Storage from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Global Self Storage currently has an average rating of “Buy”.

Global Self Storage Company Profile

Global Self Storage, Inc (NASDAQ: SELF) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and acquisition of self storage properties across the United States. Headquartered in Denver, Colorado, the company focuses on delivering storage solutions tailored to both personal and commercial customers. Since its formation in 2012, Global Self Storage has built a diversified portfolio designed to meet a range of storage needs—from climate-controlled units to vehicle and business storage options.

The company’s primary business activities include the development of new facilities, the strategic acquisition of existing properties and the repositioning of underperforming assets.