Apollon Wealth Management LLC Makes New Investment in Smartstop Self Storage REIT Inc $SMA

Apollon Wealth Management LLC purchased a new stake in Smartstop Self Storage REIT Inc (NYSE:SMA) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 22,142 shares of the healthcare company’s stock, valued at approximately $685,000.

A number of other institutional investors have also recently modified their holdings of SMA. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Smartstop Self Storage REIT in the third quarter valued at about $26,000. Raymond James Financial Inc. purchased a new position in Smartstop Self Storage REIT in the second quarter valued at about $35,000. CoreCap Advisors LLC purchased a new position in Smartstop Self Storage REIT in the fourth quarter valued at about $37,000. Canton Hathaway LLC acquired a new stake in shares of Smartstop Self Storage REIT during the 4th quarter valued at approximately $39,000. Finally, Avalon Trust Co acquired a new stake in shares of Smartstop Self Storage REIT during the 3rd quarter valued at approximately $40,000.

Analyst Ratings Changes

SMA has been the topic of a number of research reports. Scotiabank upgraded Smartstop Self Storage REIT to a “strong-buy” rating in a report on Thursday, March 19th. Zacks Research downgraded Smartstop Self Storage REIT from a “hold” rating to a “strong sell” rating in a research report on Friday, January 30th. Wells Fargo & Company lowered Smartstop Self Storage REIT from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $41.00 to $33.00 in a report on Thursday, February 5th. Truist Financial lowered their target price on Smartstop Self Storage REIT from $39.00 to $38.00 and set a “buy” rating on the stock in a report on Tuesday, January 20th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Smartstop Self Storage REIT in a research report on Friday, March 27th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Smartstop Self Storage REIT presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.55.

Smartstop Self Storage REIT Trading Down 1.7%

Shares of SMA stock opened at $31.78 on Thursday. The company has a current ratio of 5.87, a quick ratio of 5.87 and a debt-to-equity ratio of 0.86. The company has a market capitalization of $1.76 billion and a price-to-earnings ratio of -85.88. The firm has a 50-day moving average price of $32.04 and a 200 day moving average price of $32.94. Smartstop Self Storage REIT Inc has a twelve month low of $29.42 and a twelve month high of $39.77.

Smartstop Self Storage REIT (NYSE:SMA) last released its earnings results on Wednesday, February 25th. The healthcare company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.49). Smartstop Self Storage REIT had a negative return on equity of 0.16% and a negative net margin of 0.59%.The firm had revenue of $78.45 million during the quarter. Smartstop Self Storage REIT’s revenue was up 29.5% compared to the same quarter last year. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.930-2.050 EPS.

Smartstop Self Storage REIT Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 30th will be paid a dividend of $0.1315 per share. The ex-dividend date of this dividend is Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 5.0%. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is currently -440.54%.

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.