Global Self Storage, Inc. (NASDAQ:SELF - Get Free Report)'s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.16 and traded as low as $5.15. Global Self Storage shares last traded at $5.18, with a volume of 8,990 shares.
Analyst Ratings Changes
Separately, Alliance Global Partners assumed coverage on Global Self Storage in a report on Friday, October 18th. They set a "buy" rating and a $6.50 target price on the stock.
View Our Latest Research Report on Global Self Storage
Global Self Storage Stock Performance
The stock has a market cap of $57.70 million, a price-to-earnings ratio of 18.96 and a beta of 0.24. The firm's 50-day simple moving average is $5.16 and its two-hundred day simple moving average is $5.12.
Global Self Storage (NASDAQ:SELF - Get Free Report) last posted its quarterly earnings data on Friday, November 8th. The financial services provider reported $0.10 earnings per share for the quarter. The firm had revenue of $3.20 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 Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 16th were issued a $0.0725 dividend. This is a boost from Global Self Storage's previous quarterly dividend of $0.07. The ex-dividend date was Monday, December 16th. This represents a $0.29 annualized dividend and a yield of 5.66%. Global Self Storage's dividend payout ratio (DPR) is currently 107.41%.
Institutional Trading of Global Self Storage
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Baker Ellis Asset Management LLC grew its position in shares of Global Self Storage by 20.0% during the 4th quarter. Baker Ellis Asset Management LLC now owns 24,000 shares of the financial services provider's stock worth $128,000 after buying an additional 4,000 shares during the period. AlphaCentric Advisors LLC acquired a new stake in Global Self Storage during the 4th quarter worth $270,000. Dimensional Fund Advisors LP raised its position in shares of Global Self Storage by 4.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 55,866 shares of the financial services provider's stock valued at $272,000 after acquiring an additional 2,152 shares during the last quarter. Crossingbridge Advisors LLC acquired a new position in shares of Global Self Storage in the 3rd quarter valued at $526,000. Finally, Northwest Capital Management Inc bought a new position in shares of Global Self Storage in the 3rd quarter worth $4,734,000. 28.88% of the stock is owned by institutional investors.
Global Self Storage Company Profile
(
Get 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.
Further Reading
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