Farther Finance Advisors LLC Purchases 24,164 Shares of Smartstop Self Storage REIT Inc $SMA

Farther Finance Advisors LLC raised its position in shares of Smartstop Self Storage REIT Inc (NYSE:SMA) by 161,093.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,179 shares of the healthcare company’s stock after purchasing an additional 24,164 shares during the period. Farther Finance Advisors LLC’s holdings in Smartstop Self Storage REIT were worth $748,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. bought a new position in shares of Smartstop Self Storage REIT during the 2nd quarter valued at about $3,155,000. New York State Common Retirement Fund purchased a new position in shares of Smartstop Self Storage REIT during the 2nd quarter valued at about $326,000. Quantbot Technologies LP bought a new stake in Smartstop Self Storage REIT in the 2nd quarter worth approximately $377,000. Invesco Ltd. bought a new stake in Smartstop Self Storage REIT in the 2nd quarter worth approximately $602,000. Finally, Marshall Wace LLP purchased a new stake in Smartstop Self Storage REIT in the second quarter worth approximately $830,000.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Scotiabank upgraded shares of Smartstop Self Storage REIT to a “strong-buy” rating in a research report on Thursday, March 19th. Zacks Research lowered shares of Smartstop Self Storage REIT from a “hold” rating to a “strong sell” rating in a report on Friday, January 30th. Wall Street Zen raised shares of Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. JPMorgan Chase & Co. reduced their target price on shares of Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Monday, March 23rd. Finally, Stifel Nicolaus decreased their target price on shares of 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. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, Smartstop Self Storage REIT has a consensus rating of “Moderate Buy” and a consensus target price of $37.25.

Smartstop Self Storage REIT Price Performance

SMA opened at $32.50 on Friday. The stock’s 50 day simple moving average is $32.09 and its 200 day simple moving average is $32.77. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.87 and a quick ratio of 5.87. Smartstop Self Storage REIT Inc has a 1 year low of $29.42 and a 1 year high of $39.77. The firm has a market cap of $1.80 billion and a price-to-earnings ratio of -87.84.

Smartstop Self Storage REIT (NYSE:SMA) last announced its quarterly earnings results on Wednesday, February 25th. The healthcare company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates 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%.The business’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. As a group, analysts predict that Smartstop Self Storage REIT Inc will post 2 earnings per share for the current year.

Smartstop Self Storage REIT Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 30th will be paid a $0.1315 dividend. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend is Thursday, April 30th. Smartstop Self Storage REIT’s payout ratio is presently -440.54%.

About Smartstop Self Storage REIT

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.