Wesbanco Bank Inc. Invests $742,000 in Smartstop Self Storage REIT Inc $SMA

Wesbanco Bank Inc. acquired a new position in shares of Smartstop Self Storage REIT Inc (NYSE:SMA) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 24,500 shares of the healthcare company’s stock, valued at approximately $742,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Creative Financial Designs Inc. ADV acquired a new position in Smartstop Self Storage REIT during the 4th quarter worth $25,000. Beacon Capital Management Inc. acquired a new stake in shares of Smartstop Self Storage REIT in the fourth quarter valued at about $26,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Smartstop Self Storage REIT in the fourth quarter valued at about $27,000. Assetmark Inc. acquired a new stake in shares of Smartstop Self Storage REIT in the fourth quarter valued at about $31,000. Finally, Anchor Investment Management LLC bought a new position in shares of Smartstop Self Storage REIT in the fourth quarter worth about $31,000.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Zacks Research raised Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. lowered their target price on 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. Wells Fargo & Company lifted their price target on Smartstop Self Storage REIT from $30.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Wall Street Zen upgraded Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Finally, Scotiabank raised Smartstop Self Storage REIT to a “strong-buy” rating in a research report on Thursday, March 19th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Smartstop Self Storage REIT currently has an average rating of “Moderate Buy” and a consensus price target of $36.81.

Smartstop Self Storage REIT Stock Up 0.0%

Shares of SMA opened at $33.44 on Monday. The company has a 50-day simple moving average of $31.78 and a 200-day simple moving average of $31.93. The firm has a market capitalization of $1.85 billion, a P/E ratio of 222.96 and a beta of 0.69. The company has a debt-to-equity ratio of 0.86, a quick ratio of 5.33 and a current ratio of 5.33. Smartstop Self Storage REIT Inc has a 52 week low of $29.41 and a 52 week high of $39.77.

Smartstop Self Storage REIT (NYSE:SMA) last released its earnings results on Wednesday, May 6th. The healthcare company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.01. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. The business had revenue of $78.31 million during the quarter, compared to analysts’ expectations of $72.56 million. The business’s revenue 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 research analysts expect that Smartstop Self Storage REIT Inc will post 2.01 earnings per share for the current year.

Smartstop Self Storage REIT Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.1315 dividend. The ex-dividend date is Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. Smartstop Self Storage REIT’s dividend payout ratio (DPR) is currently 1,086.67%.

Smartstop Self Storage REIT Company 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.