Mark Campbell Winmill Purchases 4,000 Shares of Global Self Storage (NASDAQ:SELF) Stock

Global Self Storage, Inc. (NASDAQ:SELF) CEO Mark Campbell Winmill purchased 4,000 shares of the stock in a transaction on Thursday, May 14th. The stock was acquired at an average cost of $5.33 per share, for a total transaction of $21,320.00. Following the acquisition, the chief executive officer directly owned 368,582 shares in the company, valued at approximately $1,964,542.06. This trade represents a 1.10% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Global Self Storage Stock Down 0.8%

Global Self Storage stock traded down $0.04 on Friday, hitting $5.28. The company’s stock had a trading volume of 12,789 shares, compared to its average volume of 31,144. The firm has a market cap of $60.30 million, a P/E ratio of 31.06 and a beta of 0.02. The company has a fifty day moving average price of $5.24 and a 200-day moving average price of $5.12. Global Self Storage, Inc. has a one year low of $4.73 and a one year high of $5.83.

Global Self Storage (NASDAQ:SELF) last posted its earnings results on Friday, May 8th. The financial services provider reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.02). Global Self Storage had a return on equity of 4.19% and a net margin of 15.37%.The firm had revenue of $3.17 million during the quarter, compared to the consensus estimate of $3.08 million.

Global Self Storage Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were issued a $0.0725 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $0.29 annualized dividend and a dividend yield of 5.5%. Global Self Storage’s dividend payout ratio is presently 170.59%.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Global Self Storage in a report on Friday, March 27th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Winmill & CO. Inc. lifted its position in Global Self Storage by 14.0% during the 4th quarter. Winmill & CO. Inc. now owns 586,500 shares of the financial services provider’s stock worth $2,991,000 after buying an additional 71,907 shares in the last quarter. Geode Capital Management LLC lifted its position in Global Self Storage by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 144,144 shares of the financial services provider’s stock worth $735,000 after buying an additional 2,867 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Global Self Storage by 3.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 61,131 shares of the financial services provider’s stock worth $307,000 after buying an additional 2,032 shares in the last quarter. Easterly Investment Partners LLC acquired a new position in Global Self Storage during the 4th quarter worth about $250,000. Finally, Cetera Investment Advisers lifted its position in Global Self Storage by 158.3% during the 2nd quarter. Cetera Investment Advisers now owns 45,552 shares of the financial services provider’s stock worth $243,000 after buying an additional 27,914 shares in the last quarter. Institutional investors and hedge funds own 28.88% of the company’s stock.

Global Self Storage Company Profile

Global Self Storage, Inc (NASDAQ: SELF) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and acquisition of self storage properties across the United States. Headquartered in Denver, Colorado, the company focuses on delivering storage solutions tailored to both personal and commercial customers. Since its formation in 2012, Global Self Storage has built a diversified portfolio designed to meet a range of storage needs—from climate-controlled units to vehicle and business storage options.

The company’s primary business activities include the development of new facilities, the strategic acquisition of existing properties and the repositioning of underperforming assets.