J.W. Cole Advisors Inc. Buys Shares of 32,849 Smartstop Self Storage REIT Inc $SMA

J.W. Cole Advisors Inc. acquired a new position in Smartstop Self Storage REIT Inc (NYSE:SMA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 32,849 shares of the healthcare company’s stock, valued at approximately $1,016,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. State of Wyoming acquired a new position in Smartstop Self Storage REIT during the fourth quarter worth $249,000. Goldman Sachs Group Inc. increased its holdings in shares of Smartstop Self Storage REIT by 29.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 795,696 shares of the healthcare company’s stock valued at $24,619,000 after acquiring an additional 178,736 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC increased its holdings in shares of Smartstop Self Storage REIT by 57.9% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 371,785 shares of the healthcare company’s stock valued at $11,503,000 after acquiring an additional 136,382 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in shares of Smartstop Self Storage REIT in the 4th quarter valued at approximately $27,000. Finally, Intech Investment Management LLC lifted its holdings in Smartstop Self Storage REIT by 23.7% in the 4th quarter. Intech Investment Management LLC now owns 11,275 shares of the healthcare company’s stock worth $349,000 after purchasing an additional 2,158 shares during the last quarter.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SMA. Zacks Research upgraded shares of Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Scotiabank upgraded shares of Smartstop Self Storage REIT to a “strong-buy” rating in a research note on Thursday, March 19th. Weiss Ratings raised shares of Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Wells Fargo & Company upped their price target on shares of Smartstop Self Storage REIT from $30.00 to $32.00 and gave the company an “equal weight” rating in a report on Monday, June 1st. Finally, Stifel Nicolaus lowered their price target on 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, five have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Smartstop Self Storage REIT has an average rating of “Moderate Buy” and an average price target of $37.17.

Smartstop Self Storage REIT Stock Performance

SMA opened at $32.76 on Wednesday. The stock’s 50 day simple moving average is $31.36 and its 200-day simple moving average is $31.89. The company has a current ratio of 5.33, a quick ratio of 5.33 and a debt-to-equity ratio of 0.86. The stock has a market cap of $1.81 billion, a PE ratio of 218.38 and a beta of 0.68. Smartstop Self Storage REIT Inc has a 1 year low of $29.41 and a 1 year high of $39.77.

Smartstop Self Storage REIT (NYSE:SMA) last posted its quarterly earnings results on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The firm had revenue of $78.31 million for the quarter, compared to the consensus estimate of $72.56 million. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. The business’s quarterly 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. Sell-side analysts forecast that Smartstop Self Storage REIT Inc will post 2.02 EPS for the current year.

Smartstop Self Storage REIT Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.1315 per share. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend is Tuesday, June 30th. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is currently 1,086.67%.

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.