Smartstop Self Storage REIT Inc $SMA Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its position in Smartstop Self Storage REIT Inc (NYSE:SMA) by 33.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 231,115 shares of the healthcare company’s stock after buying an additional 58,169 shares during the quarter. Bank of New York Mellon Corp’s holdings in Smartstop Self Storage REIT were worth $6,998,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Creative Financial Designs Inc. ADV bought a new position in Smartstop Self Storage REIT during the 4th quarter worth approximately $25,000. Beacon Capital Management Inc. acquired a new position in shares of Smartstop Self Storage REIT in the 4th quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Smartstop Self Storage REIT in the 4th quarter valued at approximately $27,000. Assetmark Inc. bought a new stake in shares of Smartstop Self Storage REIT in the 4th quarter valued at approximately $31,000. Finally, Anchor Investment Management LLC bought a new stake in shares of Smartstop Self Storage REIT in the 4th quarter valued at approximately $31,000.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Raymond James Financial assumed coverage on shares of Smartstop Self Storage REIT in a report on Wednesday, July 15th. They issued a “strong-buy” rating and a $39.00 price objective for the company. Wells Fargo & Company reiterated a “neutral” rating on shares of Smartstop Self Storage REIT in a research note on Friday, July 24th. Finally, Weiss Ratings raised shares of Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 16th. Two equities 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 assigned a Sell rating to the company. According to MarketBeat.com, Smartstop Self Storage REIT currently has a consensus rating of “Moderate Buy” and an average price target of $36.44.

Smartstop Self Storage REIT Stock Up 0.3%

Smartstop Self Storage REIT stock opened at $33.63 on Tuesday. The company has a 50-day simple moving average of $32.83 and a 200-day simple moving average of $32.27. The firm has a market capitalization of $1.86 billion, a P/E ratio of 224.21 and a beta of 0.50. 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 Inc has a one year low of $29.41 and a one year high of $39.77.

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 for the quarter, beating the consensus estimate 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 firm’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. As a group, equities analysts expect that Smartstop Self Storage REIT Inc will post 2 earnings per share for the current year.

Smartstop Self Storage REIT Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be paid a $0.1359 dividend. The ex-dividend date is Friday, July 31st. This is an increase from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. This represents a c) annualized dividend and a dividend yield of 4.8%. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is 1,086.67%.

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.