Smartstop Self Storage REIT Inc (SMA) To Go Ex-Dividend on November 30th

Smartstop Self Storage REIT Inc (NYSE:SMA) declared a monthly dividend on Monday, November 2nd. Shareholders of record on Monday, November 30th will be paid a dividend of $0.1315 per share by the healthcare company on Tuesday, December 15th. This represents a $1.58 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Monday, November 30th. This is a 3.2% decrease from Smartstop Self Storage REIT’s previous monthly dividend of $0.1359.

Smartstop Self Storage REIT Stock Up 1.7%

Smartstop Self Storage REIT stock traded up $0.63 during midday trading on Wednesday, reaching $37.28. The stock had a trading volume of 52,784 shares, compared to its average volume of 773,474. The stock has a market capitalization of $2.06 billion, a P/E ratio of 73.17 and a beta of 0.27. Smartstop Self Storage REIT has a 1-year low of $29.41 and a 1-year high of $37.81. The firm’s fifty day simple moving average is $33.30 and its 200-day simple moving average is $32.66. The company has a debt-to-equity ratio of 0.89, a quick ratio of 5.28 and a current ratio of 5.28.

Smartstop Self Storage REIT (NYSE:SMA) last posted its quarterly earnings data on Wednesday, August 5th. The healthcare company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.29). Smartstop Self Storage REIT had a return on equity of 2.33% and a net margin of 9.68%. The business had revenue of $79.28 million for the quarter. As a group, analysts expect that Smartstop Self Storage REIT will post 2.02 EPS for the current fiscal year.

Insider Activity at Smartstop Self Storage REIT

In other news, General Counsel Nicholas Look sold 1,025 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $34.36, for a total value of $35,219.00. Following the completion of the sale, the general counsel owned 588 shares in the company, valued at $20,203.68. This represents a 63.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold 2,300 shares of company stock valued at $77,604 over the last three months. Corporate insiders own 5.70% of the company’s stock.

Institutional Trading of Smartstop Self Storage REIT

Large investors have recently bought and sold shares of the company. Public Employees Retirement System of Ohio bought a new stake in Smartstop Self Storage REIT during the second quarter valued at $2,049,000. Irenic Capital Management LP bought a new stake in shares of Smartstop Self Storage REIT in the 2nd quarter worth approximately $28,490,000. Quantinno Capital Management LP increased its position in shares of Smartstop Self Storage REIT by 449.6% during the first quarter. Quantinno Capital Management LP now owns 93,930 shares of the healthcare company’s stock valued at $2,844,000 after buying an additional 76,839 shares during the period. Principal Financial Group Inc. lifted its position in Smartstop Self Storage REIT by 25.6% during the first quarter. Principal Financial Group Inc. now owns 2,596,133 shares of the healthcare company’s stock valued at $78,611,000 after buying an additional 528,974 shares during the period. Finally, Swiss National Bank increased its position in Smartstop Self Storage REIT by 78.6% during the 1st quarter. Swiss National Bank now owns 109,500 shares of the healthcare company’s stock valued at $3,316,000 after buying an additional 48,200 shares in the last quarter.

About Smartstop Self Storage REIT

SmartStop Self Storage REIT, Inc (NYSE: SMA) is a self-managed real estate investment trust focused on owning, operating and acquiring self-storage properties. Its facilities provide individuals and businesses with storage units in a range of sizes, along with related services such as online reservations, electronic access and tenant protection offerings.

The company serves customers primarily in the United States and also has exposure to the Canadian self-storage market. Its portfolio includes conventional self-storage facilities and properties offering vehicle, commercial and other specialized storage options.