Smartstop Self Storage REIT (NYSE:SMA) Director Sells $13,506.50 in Stock

Smartstop Self Storage REIT Inc (NYSE:SMA) Director David Mueller sold 425 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $31.78, for a total value of $13,506.50. Following the sale, the director owned 6,340 shares in the company, valued at $201,485.20. The trade was a 6.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Smartstop Self Storage REIT Stock Performance

Smartstop Self Storage REIT stock opened at $33.21 on Monday. Smartstop Self Storage REIT Inc has a 12-month low of $29.42 and a 12-month high of $39.77. The company has a quick ratio of 5.87, a current ratio of 5.87 and a debt-to-equity ratio of 0.86. The stock has a 50-day simple moving average of $32.06 and a 200 day simple moving average of $32.85. The stock has a market capitalization of $1.84 billion and a price-to-earnings ratio of -89.75.

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

Smartstop Self Storage REIT Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 30th will be paid a dividend of $0.1315 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Thursday, April 30th. Smartstop Self Storage REIT’s payout ratio is -440.54%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in SMA. Principal Financial Group Inc. lifted its position in shares of Smartstop Self Storage REIT by 10,361.9% during the 4th quarter. Principal Financial Group Inc. now owns 2,067,159 shares of the healthcare company’s stock worth $63,958,000 after buying an additional 2,047,400 shares during the last quarter. Vanguard Group Inc. grew its holdings in 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 worth $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 in the 2nd quarter valued at about $36,098,000. Price T Rowe Associates Inc. MD lifted its position 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 worth $182,972,000 after purchasing an additional 710,871 shares during the period. Finally, Rush Island Management LP bought a new position in shares of Smartstop Self Storage REIT in the 4th quarter worth about $15,644,000.

Analysts Set New Price Targets

Several research firms have weighed in on SMA. Wall Street Zen raised Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Zacks Research downgraded Smartstop Self Storage REIT from a “hold” rating to a “strong sell” rating in a report on Friday, January 30th. Robert W. Baird decreased their target price on shares of Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating for the company in a research report on Wednesday, March 11th. JPMorgan Chase & Co. cut their price target on shares of Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating for the company in a research note on Monday, March 23rd. Finally, Truist Financial decreased their price objective on shares of 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. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, one has assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Smartstop Self Storage REIT has an average rating of “Moderate Buy” and a consensus price target of $37.25.

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.