Smartstop Self Storage REIT Inc $SMA Shares Acquired by OVERSEA CHINESE BANKING Corp Ltd

OVERSEA CHINESE BANKING Corp Ltd lifted its position in shares of Smartstop Self Storage REIT Inc (NYSE:SMA) by 38.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 108,273 shares of the healthcare company’s stock after purchasing an additional 30,158 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Smartstop Self Storage REIT were worth $3,350,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SMA. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Smartstop Self Storage REIT in the third quarter valued at $26,000. Assetmark Inc. acquired a new stake in Smartstop Self Storage REIT in the fourth quarter valued at $31,000. Raymond James Financial Inc. acquired a new stake in Smartstop Self Storage REIT in the second quarter valued at $35,000. CoreCap Advisors LLC acquired a new stake in Smartstop Self Storage REIT in the fourth quarter valued at $37,000. Finally, Canton Hathaway LLC acquired a new stake in Smartstop Self Storage REIT in the fourth quarter valued at $39,000.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Robert W. Baird cut their price target on shares of Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating on the stock in a report on Wednesday, March 11th. Truist Financial cut their price target on shares of Smartstop Self Storage REIT from $39.00 to $38.00 and set a “buy” rating on the stock in a report on Tuesday, January 20th. Wall Street Zen raised shares of Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. JPMorgan Chase & Co. cut their price target on shares of Smartstop Self Storage REIT from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Monday, March 23rd. Finally, Scotiabank raised shares of Smartstop Self Storage REIT to a “strong-buy” rating in a report on Thursday, March 19th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $37.25.

Smartstop Self Storage REIT Stock Down 3.3%

Shares of NYSE:SMA opened at $31.80 on Thursday. The stock has a market capitalization of $1.76 billion and a price-to-earnings ratio of -85.94. Smartstop Self Storage REIT Inc has a 1-year low of $29.42 and a 1-year high of $39.77. The company’s fifty day moving average is $32.09 and its two-hundred day moving average is $32.78. The company has a debt-to-equity ratio of 0.86, a quick ratio of 5.87 and a current ratio of 5.87.

Smartstop Self Storage REIT (NYSE:SMA) last issued its earnings results on Wednesday, February 25th. The healthcare company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.49). The business had revenue of $78.45 million for the quarter. Smartstop Self Storage REIT had a negative return on equity of 0.16% and a negative net margin of 0.59%.The business’s revenue was up 29.5% compared to the same quarter last year. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.930-2.050 EPS. Equities analysts anticipate that Smartstop Self Storage REIT Inc will post 2 EPS for the current year.

Smartstop Self Storage REIT Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 30th will be issued a dividend of $0.1315 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Thursday, April 30th. Smartstop Self Storage REIT’s dividend payout ratio is -440.54%.

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.