Global Self Storage (NASDAQ:SELF) CEO Mark Campbell Winmill Acquires 4,000 Shares

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

Global Self Storage Trading Down 0.8%

Shares of NASDAQ SELF opened at $5.28 on Friday. Global Self Storage, Inc. has a 12-month low of $4.73 and a 12-month high of $5.83. The company has a market cap of $60.30 million, a P/E ratio of 31.06 and a beta of 0.02. The stock has a fifty day moving average price of $5.24 and a 200 day moving average price of $5.12.

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

Global Self Storage Announces Dividend

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

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Global Self Storage

Hedge funds have recently bought and sold shares of the business. Virtu Financial LLC acquired a new stake in Global Self Storage during the 3rd quarter valued at approximately $54,000. Private Capital Management LLC acquired a new stake in Global Self Storage during the 4th quarter valued at approximately $61,000. Hsbc Holdings PLC acquired a new stake in shares of Global Self Storage in the 1st quarter valued at about $88,000. Goldman Sachs Group Inc. acquired a new stake in shares of Global Self Storage in the 4th quarter valued at about $99,000. Finally, Raymond James Financial Inc. raised its stake in shares of Global Self Storage by 20.4% in the 2nd quarter. Raymond James Financial Inc. now owns 18,758 shares of the financial services provider’s stock valued at $100,000 after purchasing an additional 3,179 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.