Smartstop Self Storage REIT Inc $SMA Shares Acquired by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd increased its position in Smartstop Self Storage REIT Inc (NYSE:SMA) by 38.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 108,273 shares of the healthcare company’s stock after buying an additional 30,158 shares during the period. OVERSEA CHINESE BANKING Corp Ltd owned about 0.20% of Smartstop Self Storage REIT worth $3,350,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Smartstop Self Storage REIT in the third quarter valued at approximately $26,000. Raymond James Financial Inc. purchased a new stake in Smartstop Self Storage REIT in the second quarter valued at approximately $35,000. Assetmark Inc. purchased a new stake in Smartstop Self Storage REIT in the fourth quarter valued at approximately $31,000. Avalon Trust Co purchased a new stake in Smartstop Self Storage REIT during the third quarter worth approximately $40,000. Finally, Franklin Resources Inc. grew its stake in Smartstop Self Storage REIT by 2.0% during the third quarter. Franklin Resources Inc. now owns 56,157 shares of the healthcare company’s stock worth $2,114,000 after buying an additional 1,093 shares during the period.

Smartstop Self Storage REIT Trading Down 3.3%

NYSE SMA opened at $31.80 on Thursday. The company’s fifty day simple moving average is $32.09 and its 200-day simple moving average is $32.78. Smartstop Self Storage REIT Inc has a 52 week low of $29.42 and a 52 week high of $39.77. 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 stock has a market cap of $1.76 billion and a P/E ratio of -85.94.

Smartstop Self Storage REIT (NYSE:SMA) last posted its 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). 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 for the quarter. 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. Equities research analysts predict that Smartstop Self Storage REIT Inc will post 2 EPS for the current fiscal year.

Smartstop Self Storage REIT Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on SMA. Weiss Ratings reiterated a “sell (d+)” rating on shares of Smartstop Self Storage REIT in a research note on Friday, March 27th. JPMorgan Chase & Co. decreased their price objective 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. Robert W. Baird decreased their price objective on shares of Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating for the company in a research note on Wednesday, March 11th. Stifel Nicolaus decreased their price objective on shares of Smartstop Self Storage REIT from $39.50 to $38.50 and set a “buy” rating for the company in a research note on Thursday, February 26th. Finally, Scotiabank upgraded shares of Smartstop Self Storage REIT to a “strong-buy” rating in a research note on Thursday, March 19th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $37.25.

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.