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

Crossingbridge Advisors LLC raised its holdings in shares of Global Self Storage, Inc. (NASDAQ:SELF - Free Report) by 49.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 151,325 shares of the financial services provider's stock after buying 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 reporting period.

Several other large investors have also recently modified their holdings of the stock. Raymond James Financial Inc. purchased a new position in Global Self Storage in the 4th quarter worth approximately $66,000. Winmill & CO. Inc. increased its stake in shares of Global Self Storage by 8.3% in the fourth quarter. Winmill & CO. Inc. now owns 459,762 shares of the financial services provider's stock worth $2,451,000 after buying an additional 35,096 shares during the period. Bailard Inc. bought a new stake in Global Self Storage during the 4th quarter valued at $126,000. AlphaCentric Advisors LLC purchased a new stake in Global Self Storage during the 4th quarter valued at $270,000. Finally, Baker Ellis Asset Management LLC increased its position in shares of Global Self Storage by 20.0% in 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 period. Hedge funds and other institutional investors own 28.88% of the company's stock.

Global Self Storage Stock Performance

Shares of NASDAQ SELF traded up $0.02 during trading hours on Wednesday, hitting $5.22. The company's stock had a trading volume of 23,435 shares, compared to its average volume of 20,280. The business has a 50-day simple moving average of $5.08 and a 200-day simple moving average of $5.12. The stock has a market cap of $59.19 million, a price-to-earnings ratio of 19.33 and a beta of 0.13. Global Self Storage, Inc. has a 12 month low of $5.16 and a 12 month high of $5.32.

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

Global Self Storage Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a dividend of $0.0725 per share. The ex-dividend date was Monday, March 17th. This represents a $0.29 annualized dividend and a yield of 5.56%. Global Self Storage's payout ratio is 161.11%.

Global Self Storage Company Profile

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.