Mitsubishi UFJ Asset Management Co. Ltd. Increases Position in Smartstop Self Storage REIT Inc $SMA

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Smartstop Self Storage REIT Inc (NYSE:SMA) by 88.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 43,442 shares of the healthcare company’s stock after acquiring an additional 20,436 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.08% of Smartstop Self Storage REIT worth $1,336,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SMA. Vanguard Group Inc. raised its position in shares of Smartstop Self Storage REIT by 122.2% in the 4th quarter. Vanguard Group Inc. now owns 3,576,922 shares of the healthcare company’s stock valued at $110,670,000 after purchasing an additional 1,967,321 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Smartstop Self Storage REIT by 10,361.9% during the 4th quarter. Principal Financial Group Inc. now owns 2,067,159 shares of the healthcare company’s stock valued at $63,958,000 after buying an additional 2,047,400 shares during the last quarter. Wellington Management Group LLP grew its position in shares of Smartstop Self Storage REIT by 24.2% during the third quarter. Wellington Management Group LLP now owns 1,196,065 shares of the healthcare company’s stock worth $45,020,000 after buying an additional 233,313 shares in the last quarter. Goldentree Asset Management LP grew its position in shares of Smartstop Self Storage REIT by 24.5% during the third quarter. Goldentree Asset Management LP now owns 1,181,767 shares of the healthcare company’s stock worth $44,393,000 after buying an additional 232,466 shares in the last quarter. Finally, Conversant Capital LLC bought a new stake in shares of Smartstop Self Storage REIT in the second quarter worth $36,098,000.

Wall Street Analyst Weigh In

SMA has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of Smartstop Self Storage REIT from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Robert W. Baird dropped their target price on shares of Smartstop Self Storage REIT from $37.00 to $36.00 and set an “outperform” rating for the company in a research report on Wednesday, March 11th. Weiss Ratings upgraded shares of Smartstop Self Storage REIT from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Scotiabank raised shares of Smartstop Self Storage REIT to a “strong-buy” rating in a research report on Thursday, March 19th. Finally, Zacks Research upgraded Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. 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’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $36.94.

Smartstop Self Storage REIT Stock Down 1.8%

Shares of NYSE:SMA opened at $31.75 on Wednesday. The company’s fifty day moving average is $31.77 and its two-hundred day moving average is $32.43. The company has a debt-to-equity ratio of 0.86, a quick ratio of 5.87 and a current ratio of 5.33. Smartstop Self Storage REIT Inc has a 1-year low of $29.42 and a 1-year high of $39.77. The stock has a market capitalization of $1.76 billion and a price-to-earnings ratio of 211.69.

Smartstop Self Storage REIT (NYSE:SMA) last posted its quarterly earnings results on Wednesday, May 6th. The healthcare company reported $0.49 EPS for the quarter, beating the consensus estimate of $0.48 by $0.01. The business had revenue of $78.31 million during the quarter, compared to analyst estimates of $72.56 million. Smartstop Self Storage REIT had a net margin of 4.38% and a return on equity of 1.00%. Smartstop Self Storage REIT’s revenue for the quarter was up 19.7% compared to the same quarter last year. Smartstop Self Storage REIT has set its FY 2026 guidance at 1.940-2.040 EPS. Equities analysts anticipate that Smartstop Self Storage REIT Inc will post 2.02 EPS for the current year.

Smartstop Self Storage REIT Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.1359 per share. This represents a c) annualized dividend and a dividend yield of 5.1%. This is a boost from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. The ex-dividend date of this dividend is Friday, May 29th. Smartstop Self Storage REIT’s dividend payout ratio is currently 1,053.33%.

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.