Bard Associates Inc. Sells 292,277 Shares of Global Self Storage, Inc. $SELF

Bard Associates Inc. lessened its position in Global Self Storage, Inc. (NASDAQ:SELF) by 46.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 334,045 shares of the financial services provider’s stock after selling 292,277 shares during the period. Bard Associates Inc. owned 2.95% of Global Self Storage worth $1,680,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers raised its stake in shares of Global Self Storage by 158.3% during the second quarter. Cetera Investment Advisers now owns 45,552 shares of the financial services provider’s stock valued at $243,000 after acquiring an additional 27,914 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Global Self Storage in the third quarter worth about $54,000. James Investment Research Inc. grew its stake in shares of Global Self Storage by 54.5% in the third quarter. James Investment Research Inc. now owns 24,100 shares of the financial services provider’s stock worth $121,000 after purchasing an additional 8,500 shares during the last quarter. Raymond James Financial Inc. increased its holdings in Global Self Storage by 45.1% during the 3rd quarter. Raymond James Financial Inc. now owns 27,220 shares of the financial services provider’s stock valued at $137,000 after purchasing an additional 8,462 shares during the period. Finally, Financial Gravity Companies Inc. purchased a new position in Global Self Storage during the 2nd quarter valued at about $34,000. Hedge funds and other institutional investors own 28.88% of the company’s stock.

Global Self Storage Trading Down 0.2%

Shares of NASDAQ SELF opened at $5.09 on Friday. Global Self Storage, Inc. has a 12 month low of $4.73 and a 12 month high of $5.89. The firm has a market capitalization of $57.72 million, a PE ratio of 31.81 and a beta of -0.01. The firm has a fifty day simple moving average of $5.06 and a two-hundred day simple moving average of $5.06.

Global Self Storage Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be paid a $0.0725 dividend. This represents a $0.29 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Monday, March 16th. Global Self Storage’s dividend payout ratio is presently 181.25%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Global Self Storage in a report on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Global Self Storage

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.