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Crossingbridge Advisors LLC Acquires 50,295 Shares of Global Self Storage, Inc. (NASDAQ:SELF)

Global Self Storage logo with Finance background

Crossingbridge Advisors LLC raised its holdings in Global Self Storage, Inc. (NASDAQ:SELF - Free Report) by 49.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 151,325 shares of the financial services provider's stock after acquiring an additional 50,295 shares during the period. Crossingbridge Advisors LLC owned about 1.34% of Global Self Storage worth $807,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AlphaCentric Advisors LLC bought a new position in Global Self Storage during the 4th quarter worth $270,000. Winmill & CO. Inc. increased its position in Global Self Storage by 8.3% during the 4th quarter. Winmill & CO. Inc. now owns 459,762 shares of the financial services provider's stock valued at $2,451,000 after purchasing an additional 35,096 shares during the period. Bailard Inc. bought a new position in Global Self Storage during the 4th quarter worth approximately $126,000. Raymond James Financial Inc. acquired a new position in shares of Global Self Storage in the 4th quarter worth approximately $66,000. Finally, Baker Ellis Asset Management LLC boosted its position in Global Self Storage by 20.0% during the fourth quarter. Baker Ellis Asset Management LLC now owns 24,000 shares of the financial services provider's stock valued at $128,000 after acquiring an additional 4,000 shares during the last quarter. 28.88% of the stock is owned by institutional investors.

Global Self Storage Stock Up 0.8 %

Shares of SELF stock opened at $5.20 on Friday. The company has a market cap of $58.96 million, a price-to-earnings ratio of 19.26 and a beta of 0.13. The firm has a 50 day moving average of $5.08 and a 200-day moving average of $5.11. Global Self Storage, Inc. has a 52 week low of $4.16 and a 52 week high of $5.85.

Global Self Storage (NASDAQ:SELF - Get Free Report) last posted its earnings results on Wednesday, March 26th. The financial services provider reported $0.11 EPS for the quarter. The company had revenue of $3.19 million during the quarter. Global Self Storage had a net margin of 25.47% and a return on equity of 6.55%.

Global Self Storage Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were paid a dividend of $0.0725 per share. The ex-dividend date of this dividend was Monday, March 17th. This represents a $0.29 annualized dividend and a dividend yield of 5.58%. Global Self Storage's payout ratio is currently 161.11%.

Global Self Storage Company Profile

(Free Report)

Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers.

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Want to see what other hedge funds are holding SELF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global Self Storage, Inc. (NASDAQ:SELF - Free Report).

Institutional Ownership by Quarter for Global Self Storage (NASDAQ:SELF)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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