Sound Income Strategies LLC Has $118,000 Stock Holdings in Smartstop Self Storage REIT Inc $SMA

Sound Income Strategies LLC decreased its holdings in shares of Smartstop Self Storage REIT Inc (NYSE:SMA) by 83.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,868 shares of the healthcare company’s stock after selling 19,426 shares during the period. Sound Income Strategies LLC’s holdings in Smartstop Self Storage REIT were worth $118,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD grew its stake in shares of Smartstop Self Storage REIT by 13.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,913,679 shares of the healthcare company’s stock valued at $182,972,000 after purchasing an additional 710,871 shares during the period. Vanguard Group Inc. lifted its position in shares of Smartstop Self Storage REIT by 122.2% during the 4th quarter. Vanguard Group Inc. now owns 3,576,922 shares of the healthcare company’s stock worth $110,670,000 after buying an additional 1,967,321 shares during the period. Principal Financial Group Inc. lifted its position in shares of 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 boosted its stake in Smartstop Self Storage REIT by 18.3% in the 4th quarter. Wellington Management Group LLP now owns 1,414,451 shares of the healthcare company’s stock valued at $43,763,000 after buying an additional 218,386 shares in the last quarter. Finally, Goldentree Asset Management LP boosted its stake in Smartstop Self Storage REIT by 24.5% in the 3rd quarter. Goldentree Asset Management LP now owns 1,181,767 shares of the healthcare company’s stock valued at $44,393,000 after buying an additional 232,466 shares in the last quarter.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Robert W. Baird dropped their price objective on Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating for the company in a research note on Wednesday, March 11th. Weiss Ratings upgraded shares of Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 11th. Scotiabank raised shares of Smartstop Self Storage REIT to a “strong-buy” rating in a report on Thursday, March 19th. Zacks Research upgraded shares of Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. cut their price target on shares of 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 assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $36.81.

Smartstop Self Storage REIT Stock Up 0.2%

NYSE SMA opened at $33.73 on Monday. The stock’s 50 day simple moving average is $31.83 and its 200 day simple moving average is $31.94. Smartstop Self Storage REIT Inc has a one year low of $29.41 and a one year high of $39.77. The firm has a market cap of $1.87 billion, a PE ratio of 224.87 and a beta of 0.56. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.33 and a quick ratio of 5.33.

Smartstop Self Storage REIT (NYSE:SMA) last issued its quarterly earnings data on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. The firm had revenue of $78.31 million during the quarter, compared to the consensus estimate of $72.56 million. Smartstop Self Storage REIT had a return on equity of 1.00% and a net margin of 4.38%.The company’s 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. As a group, sell-side analysts forecast that Smartstop Self Storage REIT Inc will post 2.01 earnings per share for the current fiscal year.

Smartstop Self Storage REIT Increases Dividend

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

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.