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 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 transaction, the director owned 5,490 shares of the company’s stock, valued at $178,095.60. This represents a 7.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Smartstop Self Storage REIT Stock Down 0.1%

Shares of NYSE SMA opened at $32.65 on Friday. Smartstop Self Storage REIT Inc has a 52-week low of $29.41 and a 52-week high of $39.77. The company has a debt-to-equity ratio of 0.86, a quick ratio of 5.33 and a current ratio of 5.33. The business has a fifty day moving average of $31.69 and a two-hundred day moving average of $31.93. The stock has a market cap of $1.81 billion, a PE ratio of 217.68 and a beta of 0.68.

Smartstop Self Storage REIT (NYSE:SMA) last posted its earnings results on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share 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 analyst estimates of $72.56 million. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. The company’s revenue was up 19.7% on a year-over-year basis. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. As a group, equities research analysts expect that Smartstop Self Storage REIT Inc will post 2.02 earnings per share for the current fiscal year.

Smartstop Self Storage REIT Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.1315 dividend. The ex-dividend date is Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 4.8%. Smartstop Self Storage REIT’s payout ratio is 1,086.67%.

Institutional Investors Weigh In On Smartstop Self Storage REIT

A number of institutional investors and hedge funds have recently modified their holdings of SMA. Principal Financial Group Inc. boosted 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 last quarter. Vanguard Group Inc. raised its position 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 acquiring an additional 1,967,321 shares during the last quarter. Conversant Capital LLC bought a new stake in shares of Smartstop Self Storage REIT during the 2nd quarter valued at $36,098,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Smartstop Self Storage REIT by 13.7% in the 4th 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 purchasing an additional 710,871 shares during the period. Finally, Rush Island Management LP acquired a new position in shares of Smartstop Self Storage REIT in the 4th quarter valued at $15,644,000.

Analyst Upgrades and Downgrades

SMA has been the subject of several recent analyst reports. Scotiabank raised shares of Smartstop Self Storage REIT to a “strong-buy” rating in a report on Thursday, March 19th. Weiss Ratings raised Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Stifel Nicolaus decreased 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 report on Thursday, February 26th. Finally, Wells Fargo & Company raised their price target on Smartstop Self Storage REIT from $30.00 to $32.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Two 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. Based on data from MarketBeat, Smartstop Self Storage REIT presently has an average rating of “Moderate Buy” and an average target price 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.