Centaurus Financial Inc. Sells 15,193 Shares of Smartstop Self Storage REIT Inc $SMA

Centaurus Financial Inc. lessened its holdings in shares of Smartstop Self Storage REIT Inc (NYSE:SMA) by 9.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152,015 shares of the healthcare company’s stock after selling 15,193 shares during the period. Centaurus Financial Inc.’s holdings in Smartstop Self Storage REIT were worth $4,603,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of SMA. JPMorgan Chase & Co. purchased a new stake in shares of Smartstop Self Storage REIT in the second quarter worth approximately $3,155,000. New York State Common Retirement Fund bought a new position in Smartstop Self Storage REIT in the 2nd quarter valued at $326,000. Quantbot Technologies LP bought a new position in Smartstop Self Storage REIT in the 2nd quarter valued at $377,000. Invesco Ltd. bought a new position in Smartstop Self Storage REIT in the 2nd quarter valued at $602,000. Finally, Marshall Wace LLP purchased a new stake in Smartstop Self Storage REIT in the second quarter worth $830,000.

Smartstop Self Storage REIT Stock Down 1.5%

Shares of Smartstop Self Storage REIT stock opened at $34.86 on Thursday. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.33 and a quick ratio of 5.33. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 232.39 and a beta of 0.56. The firm’s 50-day moving average is $32.67 and its two-hundred day moving average is $32.24. Smartstop Self Storage REIT Inc has a 1 year low of $29.41 and a 1 year high of $39.77.

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. 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 analyst estimates of $72.56 million. The company’s quarterly 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. As a group, research analysts expect that Smartstop Self Storage REIT Inc will post 2 earnings per share for the current fiscal year.

Smartstop Self Storage REIT Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be paid a $0.1359 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is a positive change from Smartstop Self Storage REIT’s previous monthly dividend of $0.13. The ex-dividend date of this dividend is Friday, July 31st. Smartstop Self Storage REIT’s payout ratio is presently 1,053.33%.

Wall Street Analyst Weigh In

Several research analysts recently commented on SMA shares. Raymond James Financial started coverage on shares of Smartstop Self Storage REIT in a research note on Wednesday, July 15th. They issued a “strong-buy” rating and a $39.00 price target on the stock. Weiss Ratings raised shares of Smartstop Self Storage REIT from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 16th. Zacks Research upgraded shares of Smartstop Self Storage REIT from a “strong sell” rating to a “hold” rating in a research note on Friday, May 8th. Finally, Wells Fargo & Company reaffirmed a “neutral” rating on shares of Smartstop Self Storage REIT in a research report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Smartstop Self Storage REIT has an average rating of “Moderate Buy” and a consensus target price of $36.44.

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.