Commonwealth of Pennsylvania Public School Empls Retrmt SYS Invests $758,000 in Smartstop Self Storage REIT Inc $SMA

Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Smartstop Self Storage REIT Inc (NYSE:SMA) in the 1st quarter, HoldingsChannel reports. The fund acquired 25,038 shares of the healthcare company’s stock, valued at approximately $758,000.

Several other institutional investors also recently modified their holdings of the company. Price T Rowe Associates Inc. MD boosted its stake in shares of Smartstop Self Storage REIT by 13.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,913,679 shares of the healthcare company’s stock worth $182,972,000 after acquiring an additional 710,871 shares during the period. Vanguard Group Inc. grew its holdings in Smartstop Self Storage REIT by 122.2% in the 4th quarter. Vanguard Group Inc. now owns 3,576,922 shares of the healthcare company’s stock valued at $110,670,000 after buying an additional 1,967,321 shares in the last quarter. Principal Financial Group Inc. increased its position in Smartstop Self Storage REIT by 10,361.9% during the 4th quarter. Principal Financial Group Inc. now owns 2,067,159 shares of the healthcare company’s stock worth $63,958,000 after buying an additional 2,047,400 shares during the period. Wellington Management Group LLP increased its position in Smartstop Self Storage REIT by 18.3% during the 4th quarter. Wellington Management Group LLP now owns 1,414,451 shares of the healthcare company’s stock worth $43,763,000 after buying an additional 218,386 shares during the period. Finally, State Street Corp lifted its holdings in shares of Smartstop Self Storage REIT by 74.1% during the fourth quarter. State Street Corp now owns 1,146,404 shares of the healthcare company’s stock worth $35,624,000 after buying an additional 487,811 shares in the last quarter.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Company boosted their target price on shares of Smartstop Self Storage REIT from $30.00 to $32.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Raymond James Financial began coverage on shares of Smartstop Self Storage REIT in a research note on Wednesday. They issued a “strong-buy” rating and a $39.00 price objective for the company. Weiss Ratings upgraded Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday. Zacks Research raised Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. lowered their price target on Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating for the company in a report on Monday, March 23rd. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $36.31.

Smartstop Self Storage REIT Price Performance

Shares of NYSE:SMA opened at $34.27 on Friday. The firm has a market cap of $1.90 billion, a PE ratio of 228.45 and a beta of 0.56. Smartstop Self Storage REIT Inc has a 52 week low of $29.41 and a 52 week high of $39.77. The firm’s fifty day moving average is $32.06 and its 200-day moving average is $32.04. The company has a debt-to-equity ratio of 0.86, a quick ratio of 5.33 and a current ratio of 5.33.

Smartstop Self Storage REIT (NYSE:SMA) last announced its earnings results on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.01. The business had revenue of $78.31 million during the quarter, compared to analyst estimates of $72.56 million. Smartstop Self Storage REIT had a return on equity of 1.00% and a net margin of 4.38%.Smartstop Self Storage REIT’s quarterly revenue was up 19.7% on a year-over-year basis. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. Sell-side analysts predict that Smartstop Self Storage REIT Inc will post 2.01 earnings per share for the current year.

Smartstop Self Storage REIT Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be given a $0.1359 dividend. This is a boost from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. The ex-dividend date of this dividend is Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 4.8%. Smartstop Self Storage REIT’s dividend payout ratio is 1,053.33%.

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.