Vanguard Group Inc. Acquires 1,967,321 Shares of Smartstop Self Storage REIT Inc $SMA

Vanguard Group Inc. lifted its position in Smartstop Self Storage REIT Inc (NYSE:SMA) by 122.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,576,922 shares of the healthcare company’s stock after purchasing an additional 1,967,321 shares during the period. Vanguard Group Inc. owned about 6.46% of Smartstop Self Storage REIT worth $110,670,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Smartstop Self Storage REIT in the third quarter worth approximately $26,000. Assetmark Inc. bought a new stake in shares of Smartstop Self Storage REIT in the 4th quarter worth approximately $31,000. Raymond James Financial Inc. bought a new position in shares of Smartstop Self Storage REIT during the second quarter valued at approximately $35,000. CoreCap Advisors LLC bought a new position in shares of Smartstop Self Storage REIT during the fourth quarter valued at approximately $37,000. Finally, Canton Hathaway LLC purchased a new position in Smartstop Self Storage REIT during the 4th quarter valued at $39,000.

Analysts Set New Price Targets

SMA has been the topic of a number of research reports. Stifel Nicolaus dropped 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 report on Thursday, February 26th. Zacks Research upgraded shares of Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. JPMorgan Chase & Co. dropped 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. Scotiabank upgraded shares of Smartstop Self Storage REIT to a “strong-buy” rating in a research note on Thursday, March 19th. Finally, Weiss Ratings upgraded shares of Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $36.94.

Smartstop Self Storage REIT Price Performance

NYSE SMA opened at $31.75 on Wednesday. Smartstop Self Storage REIT Inc has a 52 week low of $29.42 and a 52 week high of $39.77. The firm has a market capitalization of $1.76 billion and a P/E ratio of 211.69. The company has a quick ratio of 5.87, a current ratio of 5.33 and a debt-to-equity ratio of 0.86. The company has a 50-day moving average price of $31.77 and a 200-day moving average price of $32.43.

Smartstop Self Storage REIT (NYSE:SMA) last released its quarterly earnings results on Wednesday, May 6th. The healthcare company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. The firm had revenue of $78.31 million during the quarter, compared to analyst estimates of $72.56 million. The company’s revenue was up 19.7% compared to the same quarter last year. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. Equities research analysts anticipate that Smartstop Self Storage REIT Inc will post 2.02 earnings per share for the current year.

Smartstop Self Storage REIT Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.1359 dividend. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Friday, May 29th. This is a positive change from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. Smartstop Self Storage REIT’s dividend payout ratio is 1,053.33%.

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.