Raymond James Financial Inc. Takes $66,000 Position in Global Self Storage, Inc. (NASDAQ:SELF)

Raymond James Financial Inc. acquired a new position in shares of Global Self Storage, Inc. (NASDAQ:SELF) in the fourth quarter, HoldingsChannel reports. The firm acquired 12,306 shares of the financial services provider’s stock, valued at approximately $66,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Winmill & CO. Inc. lifted its holdings in Global Self Storage by 8.3% in 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 in the last quarter. Bailard Inc. acquired a new position in shares of Global Self Storage in the fourth quarter valued at approximately $126,000. AlphaCentric Advisors LLC purchased a new position in shares of Global Self Storage during the fourth quarter valued at approximately $270,000. Finally, Baker Ellis Asset Management LLC lifted its stake in shares of 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 buying 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

SELF stock opened at $5.01 on Thursday. The company has a 50 day moving average price of $5.09 and a two-hundred day moving average price of $5.13. The stock has a market capitalization of $56.81 million, a P/E ratio of 18.56 and a beta of 0.03. Global Self Storage, Inc. has a one year low of $4.60 and a one year high of $5.89.

Global Self Storage (NASDAQ:SELF) last announced its quarterly earnings data on Friday, May 9th. The financial services provider reported $0.10 EPS for the quarter. The business had revenue of $3.13 million during the quarter. Global Self Storage had a return on equity of 6.55% and a net margin of 25.47%.

Global Self Storage Dividend Announcement

The business also recently disclosed 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. This represents a $0.29 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date was Monday, March 17th. Global Self Storage’s dividend payout ratio is currently 138.10%.

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.