Global Self Storage, Inc. $SELF Shares Sold by Bard Associates Inc.

Bard Associates Inc. cut its holdings in shares of Global Self Storage, Inc. (NASDAQ:SELF) by 93.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,966 shares of the financial services provider’s stock after selling 312,079 shares during the period. Bard Associates Inc. owned 0.19% of Global Self Storage worth $112,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SELF. Cetera Investment Advisers increased its position in shares of Global Self Storage by 158.3% during the second quarter. Cetera Investment Advisers now owns 45,552 shares of the financial services provider’s stock worth $243,000 after purchasing an additional 27,914 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Global Self Storage by 20.4% during the second quarter. Raymond James Financial Inc. now owns 18,758 shares of the financial services provider’s stock worth $100,000 after purchasing an additional 3,179 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Global Self Storage by 3.4% during the third quarter. Dimensional Fund Advisors LP now owns 61,131 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 2,032 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of Global Self Storage during the third quarter worth $54,000. Finally, Citadel Advisors LLC acquired a new position in shares of Global Self Storage during the third quarter worth $197,000. 28.88% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings raised Global Self Storage from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 27th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Global Self Storage Price Performance

NASDAQ SELF opened at $5.17 on Monday. The company has a market capitalization of $59.04 million and a PE ratio of 30.41. The company has a fifty day moving average of $5.27 and a 200 day moving average of $5.14. Global Self Storage, Inc. has a 1 year low of $4.73 and a 1 year high of $5.72.

Global Self Storage (NASDAQ:SELF) last posted its earnings results on Friday, May 8th. The financial services provider reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The business had revenue of $3.17 million for the quarter, compared to analyst estimates of $3.08 million. Global Self Storage had a net margin of 15.37% and a return on equity of 4.19%.

Global Self Storage Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.0725 per share. The ex-dividend date is Monday, June 15th. This represents a $0.29 dividend on an annualized basis and a yield of 5.6%. Global Self Storage’s payout ratio is currently 170.59%.

About Global Self Storage

Global Self Storage, Inc (NASDAQ: SELF) is a publicly traded real estate investment trust (REIT) specializing in the ownership, operation and acquisition of self storage properties across the United States. Headquartered in Denver, Colorado, the company focuses on delivering storage solutions tailored to both personal and commercial customers. Since its formation in 2012, Global Self Storage has built a diversified portfolio designed to meet a range of storage needs—from climate-controlled units to vehicle and business storage options.

The company’s primary business activities include the development of new facilities, the strategic acquisition of existing properties and the repositioning of underperforming assets.