Global Self Storage, Inc. $SELF Shares Sold by Bard Associates Inc.

Bard Associates Inc. lowered its position in Global Self Storage, Inc. (NASDAQ:SELF) by 93.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,966 shares of the financial services provider’s stock after selling 312,079 shares during the period. Bard Associates Inc.’s holdings in Global Self Storage were worth $112,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SELF. Easterly Investment Partners LLC acquired a new position in shares of Global Self Storage in the fourth quarter worth about $250,000. Citadel Advisors LLC acquired a new position in shares of Global Self Storage in the third quarter worth about $197,000. AlphaCentric Advisors LLC acquired a new position in shares of Global Self Storage in the fourth quarter worth about $180,000. Crossingbridge Advisors LLC raised its position in shares of Global Self Storage by 3,427.1% in the fourth quarter. Crossingbridge Advisors LLC now owns 35,271 shares of the financial services provider’s stock worth $178,000 after acquiring an additional 34,271 shares during the period. Finally, Susquehanna International Group LLP purchased a new stake in shares of Global Self Storage during the third quarter worth about $159,000. Institutional investors and hedge funds own 28.88% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Global Self Storage from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 27th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Global Self Storage Price Performance

SELF stock opened at $5.17 on Monday. The stock has a market capitalization of $59.04 million and a P/E ratio of 30.41. The firm has a 50-day simple moving average of $5.27 and a 200-day simple moving average of $5.14. Global Self Storage, Inc. has a 52 week low of $4.73 and a 52 week high of $5.72.

Global Self Storage (NASDAQ:SELF) last released its earnings results on Friday, May 8th. The financial services provider reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). The company had revenue of $3.17 million for the quarter, compared to analysts’ expectations of $3.08 million. Global Self Storage had a return on equity of 4.19% and a net margin of 15.37%.

Global Self Storage Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.0725 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 5.6%. Global Self Storage’s payout ratio is currently 170.59%.

Global Self Storage Profile

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.