Smartstop Self Storage REIT Inc $SMA Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Smartstop Self Storage REIT Inc (NYSE:SMA) by 88.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 43,442 shares of the healthcare company’s stock after buying an additional 20,436 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Smartstop Self Storage REIT were worth $1,336,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter worth about $3,155,000. New York State Common Retirement Fund acquired a new position in Smartstop Self Storage REIT during the 2nd quarter valued at about $326,000. Quantbot Technologies LP bought a new position in Smartstop Self Storage REIT in the 2nd quarter worth about $377,000. Invesco Ltd. acquired a new stake in shares of Smartstop Self Storage REIT in the second quarter valued at approximately $602,000. Finally, Marshall Wace LLP acquired a new stake in shares of Smartstop Self Storage REIT in the second quarter valued at approximately $830,000.

Smartstop Self Storage REIT Stock Performance

SMA opened at $31.75 on Wednesday. The business has a 50 day moving average price of $31.77 and a two-hundred day moving average price of $32.43. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.33 and a quick ratio of 5.87. The company has a market capitalization of $1.76 billion and a price-to-earnings ratio of 211.69. Smartstop Self Storage REIT Inc has a 1-year low of $29.42 and a 1-year high of $39.77.

Smartstop Self Storage REIT (NYSE:SMA) last posted its quarterly earnings data on Wednesday, May 6th. The healthcare company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The company had revenue of $78.31 million for 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 business’s quarterly revenue was up 19.7% compared to the same quarter last year. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. Research analysts predict that Smartstop Self Storage REIT Inc will post 2.02 EPS for the current fiscal year.

Smartstop Self Storage REIT Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a $0.1359 dividend. This represents a c) annualized dividend and a yield of 5.1%. This is a boost from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. The ex-dividend date is Friday, May 29th. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is presently 1,053.33%.

Analyst Ratings Changes

SMA has been the subject of several analyst reports. Wells Fargo & Company reduced their price objective on Smartstop Self Storage REIT from $33.00 to $30.00 and set an “equal weight” rating for the company in a research report on Thursday, April 16th. JPMorgan Chase & Co. cut their target price on Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating on the stock in a research note on Monday, March 23rd. Robert W. Baird decreased their price target 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. Wall Street Zen raised Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Weiss Ratings raised shares of Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Smartstop Self Storage REIT presently has an average rating of “Moderate Buy” and a consensus target price of $36.94.

Smartstop Self Storage REIT 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.