Sequent Planning LLC Buys 40,308 Shares of Smartstop Self Storage REIT Inc $SMA

Sequent Planning LLC boosted its stake in Smartstop Self Storage REIT Inc (NYSE:SMA) by 162.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,049 shares of the healthcare company’s stock after buying an additional 40,308 shares during the quarter. Sequent Planning LLC owned approximately 0.12% of Smartstop Self Storage REIT worth $2,013,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of SMA. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Smartstop Self Storage REIT during the third quarter valued at $26,000. Raymond James Financial Inc. bought a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter worth about $35,000. Assetmark Inc. bought a new stake in shares of Smartstop Self Storage REIT in the 4th quarter worth about $31,000. Avalon Trust Co acquired a new stake in shares of Smartstop Self Storage REIT during the 3rd quarter worth about $40,000. Finally, CoreCap Advisors LLC acquired a new stake in shares of Smartstop Self Storage REIT during the 4th quarter worth about $37,000.

Smartstop Self Storage REIT Stock Down 0.2%

Shares of NYSE SMA opened at $29.60 on Monday. The firm’s 50-day simple moving average is $31.61 and its 200 day simple moving average is $32.27. The company has a market cap of $1.64 billion and a price-to-earnings ratio of 197.30. The company has a quick ratio of 5.33, a current ratio of 5.33 and a debt-to-equity ratio of 0.86. Smartstop Self Storage REIT Inc has a 12-month low of $29.42 and a 12-month 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 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. The firm had revenue of $78.31 million for the quarter, compared to analyst estimates of $72.56 million. The business’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. On average, research analysts expect that Smartstop Self Storage REIT Inc will post 2.02 earnings per share for the current fiscal year.

Smartstop Self Storage REIT Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.1359 per share. This represents a c) annualized dividend and a dividend yield of 5.5%. This is an increase from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. The ex-dividend date of this dividend is Friday, May 29th. Smartstop Self Storage REIT’s payout ratio is currently 1,053.33%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on SMA shares. Weiss Ratings upgraded shares of Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Zacks Research raised shares of Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. JPMorgan Chase & Co. cut their target price on shares of Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating for the company in a research note on Monday, March 23rd. Stifel Nicolaus reduced their target price on Smartstop Self Storage REIT from $39.50 to $38.50 and set a “buy” rating on the stock in a report on Thursday, February 26th. Finally, Truist Financial decreased their price target on Smartstop Self Storage REIT from $39.00 to $38.00 and set a “buy” rating on the stock in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $36.94.

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.