Daiwa Securities Group Inc. Sells 57,162 Shares of Smartstop Self Storage REIT Inc $SMA

Daiwa Securities Group Inc. lowered its stake in shares of Smartstop Self Storage REIT Inc (NYSE:SMA) by 16.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 288,469 shares of the healthcare company’s stock after selling 57,162 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Smartstop Self Storage REIT were worth $8,925,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of SMA. Merit Financial Group LLC purchased a new position in Smartstop Self Storage REIT during the 4th quarter valued at $3,558,000. Principal Financial Group Inc. boosted its holdings in 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 valued at $63,958,000 after acquiring an additional 2,047,400 shares during the period. Prime Capital Investment Advisors LLC purchased a new position in Smartstop Self Storage REIT during the 4th quarter valued at $4,465,000. Choreo LLC purchased a new position in Smartstop Self Storage REIT during the 4th quarter valued at $2,941,000. Finally, Blue Sky Capital Consultants Group Inc. purchased a new position in Smartstop Self Storage REIT during the 4th quarter valued at $1,064,000.

Smartstop Self Storage REIT Trading Up 0.1%

Shares of NYSE SMA opened at $30.94 on Monday. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.33 and a quick ratio of 5.33. The stock has a market capitalization of $1.71 billion, a P/E ratio of 206.23 and a beta of 0.69. Smartstop Self Storage REIT Inc has a 1-year low of $29.41 and a 1-year high of $39.77. The business has a fifty day moving average price of $31.28 and a 200 day moving average price of $31.88.

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, topping analysts’ consensus estimates of $0.48 by $0.01. The firm had revenue of $78.31 million during the quarter, compared to analysts’ expectations of $72.56 million. Smartstop Self Storage REIT had a return on equity of 1.00% and a net margin of 4.38%.Smartstop Self Storage REIT’s revenue for the quarter 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. Equities research analysts expect that Smartstop Self Storage REIT Inc will post 2.02 EPS for the current fiscal year.

Smartstop Self Storage REIT Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.1315 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Tuesday, June 30th. Smartstop Self Storage REIT’s dividend payout ratio is 1,086.67%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Wall Street Zen upgraded Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a report on Friday, May 8th. Stifel Nicolaus dropped their price objective on Smartstop Self Storage REIT from $39.50 to $38.50 and set a “buy” rating for the company in a report on Thursday, February 26th. Weiss Ratings raised Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, May 11th. Finally, Robert W. Baird dropped their price target on Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 11th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Smartstop Self Storage REIT has an average rating of “Moderate Buy” and a consensus target price of $37.17.

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.