Mark Campbell Winmill Purchases 3,658 Shares of Global Self Storage (NASDAQ:SELF) Stock

Global Self Storage, Inc. (NASDAQ:SELFGet Free Report) CEO Mark Winmill bought 3,658 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was bought at an average price of $5.16 per share, with a total value of $18,875.28. Following the completion of the transaction, the chief executive officer directly owned 372,240 shares of the company’s stock, valued at $1,920,758.40. This represents a 0.99% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Mark Campbell Winmill also recently made the following trade(s):

  • On Thursday, September 10th, Mark Winmill bought 342 shares of Global Self Storage stock. The stock was purchased at an average cost of $5.16 per share, for a total transaction of $1,764.72.

Global Self Storage Price Performance

NASDAQ SELF traded down $0.03 during trading hours on Friday, reaching $5.12. 10,089 shares of the stock traded hands, compared to its average volume of 26,821. The stock has a 50 day simple moving average of $5.23 and a two-hundred day simple moving average of $5.21. Global Self Storage, Inc. has a 1 year low of $4.73 and a 1 year high of $5.75. The company has a market cap of $58.48 million and a price-to-earnings ratio of 28.44.

Global Self Storage (NASDAQ:SELFGet Free Report) last posted its quarterly earnings data on Friday, August 7th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $3.21 million during the quarter, compared to analysts’ expectations of $3.15 million. Global Self Storage had a return on equity of 4.57% and a net margin of 16.64%.

Global Self Storage Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a $0.0725 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $0.29 annualized dividend and a yield of 5.7%. Global Self Storage’s dividend payout ratio is currently 161.11%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Global Self Storage from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy”.

View Our Latest Stock Report on Global Self Storage

Institutional Investors Weigh In On Global Self Storage

Several institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its holdings in Global Self Storage by 3.4% in the third quarter. Dimensional Fund Advisors LP now owns 61,131 shares of the financial services provider’s stock worth $307,000 after acquiring an additional 2,032 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Global Self Storage by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 144,144 shares of the financial services provider’s stock valued at $735,000 after acquiring an additional 2,867 shares in the last quarter. Raymond James Financial Inc. increased its holdings 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 valued at $100,000 after acquiring an additional 3,179 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Global Self Storage by 54.5% in the 3rd quarter. NewEdge Advisors LLC now owns 24,100 shares of the financial services provider’s stock worth $121,000 after purchasing an additional 8,500 shares during the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Global Self Storage in the 3rd quarter worth about $54,000. 28.88% of the stock is currently owned by hedge funds and other institutional investors.

About Global Self Storage

(Get Free Report)

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.

Further Reading

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