Sequent Planning LLC Has $2.01 Million Stock Position in Smartstop Self Storage REIT Inc $SMA

Sequent Planning LLC lifted its position in shares of Smartstop Self Storage REIT Inc (NYSE:SMA) by 162.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 65,049 shares of the healthcare company’s stock after acquiring an additional 40,308 shares during the quarter. Sequent Planning LLC’s holdings in Smartstop Self Storage REIT were worth $2,013,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SMA. Mirae Asset Global Investments Co. Ltd. bought a new position in Smartstop Self Storage REIT in the third quarter valued at about $26,000. Assetmark Inc. acquired a new stake in Smartstop Self Storage REIT in the fourth quarter worth about $31,000. Raymond James Financial Inc. bought a new stake in Smartstop Self Storage REIT during the 2nd quarter worth about $35,000. CoreCap Advisors LLC acquired a new position in Smartstop Self Storage REIT during the 4th quarter valued at about $37,000. Finally, Canton Hathaway LLC acquired a new position in Smartstop Self Storage REIT during the 4th quarter valued at about $39,000.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Wells Fargo & Company reduced their target price on shares of Smartstop Self Storage REIT from $33.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 16th. JPMorgan Chase & Co. cut their price objective 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. Stifel Nicolaus reduced their price objective on shares of Smartstop Self Storage REIT from $39.50 to $38.50 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Weiss Ratings raised shares of Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 11th. Finally, Truist Financial dropped their target price on shares of Smartstop Self Storage REIT from $39.00 to $38.00 and set a “buy” rating for the company in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $36.94.

Smartstop Self Storage REIT Price Performance

Shares of SMA opened at $29.60 on Monday. The stock has a market cap of $1.64 billion and a P/E ratio of 197.30. Smartstop Self Storage REIT Inc has a 1 year low of $29.42 and a 1 year high of $39.77. The stock’s 50-day moving average price is $31.61 and its two-hundred day moving average price is $32.27. The company has a current ratio of 5.33, a quick ratio of 5.33 and a debt-to-equity ratio of 0.86.

Smartstop Self Storage REIT (NYSE:SMA) last announced its quarterly earnings results on Wednesday, May 6th. The healthcare company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The company 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%.The firm’s revenue for the quarter 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, equities analysts predict that Smartstop Self Storage REIT Inc will post 2.02 earnings per share for the current year.

Smartstop Self Storage REIT Increases Dividend

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

Smartstop Self Storage REIT 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.