Crossingbridge Advisors LLC increased its stake in Global Self Storage, Inc. (NASDAQ:SELF - Free Report) by 49.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 151,325 shares of the financial services provider's stock after purchasing an additional 50,295 shares during the quarter. Crossingbridge Advisors LLC owned approximately 1.34% of Global Self Storage worth $807,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of SELF. Baker Ellis Asset Management LLC lifted 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 valued at $128,000 after buying an additional 4,000 shares in the last quarter. AlphaCentric Advisors LLC bought a new position in Global Self Storage in the 4th quarter worth $270,000. Bailard Inc. purchased a new stake in Global Self Storage in the 4th quarter worth $126,000. Raymond James Financial Inc. bought a new stake in Global Self Storage during the fourth quarter valued at about $66,000. Finally, Winmill & CO. Inc. lifted its position 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 valued at $2,451,000 after acquiring an additional 35,096 shares in the last quarter. 28.88% of the stock is currently owned by hedge funds and other institutional investors.
Global Self Storage Trading Up 0.6 %
SELF traded up $0.03 on Thursday, hitting $5.25. 23,735 shares of the company's stock traded hands, compared to its average volume of 30,656. The company's 50 day simple moving average is $5.08 and its 200-day simple moving average is $5.12. Global Self Storage, Inc. has a one year low of $4.16 and a one year high of $5.85. The firm has a market cap of $59.53 million, a price-to-earnings ratio of 19.44 and a beta of 0.13.
Global Self Storage (NASDAQ:SELF - Get Free Report) last released its quarterly earnings data on Wednesday, March 26th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter. Global Self Storage had a net margin of 25.47% and a return on equity of 6.55%. The firm had revenue of $3.19 million for the quarter.
Global Self Storage Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were issued a dividend of $0.0725 per share. This represents a $0.29 annualized dividend and a dividend yield of 5.52%. The ex-dividend date was Monday, March 17th. Global Self Storage's dividend payout ratio (DPR) is presently 161.11%.
About Global Self Storage
(
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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