Global Self Storage, Inc. (NASDAQ:SELF) Shares Acquired by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC boosted its position in shares of Global Self Storage, Inc. (NASDAQ:SELF) by 20.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,000 shares of the financial services provider’s stock after buying an additional 4,000 shares during the quarter. Baker Ellis Asset Management LLC owned 0.21% of Global Self Storage worth $128,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SELF. Dimensional Fund Advisors LP lifted 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 stake in shares of Global Self Storage during the third quarter worth $526,000. Finally, Northwest Capital Management Inc purchased a new stake in shares of Global Self Storage during the third quarter valued at $4,734,000. 28.88% of the stock is owned by institutional investors and hedge funds.

Global Self Storage Stock Performance

Shares of NASDAQ:SELF opened at $5.10 on Friday. The firm has a 50 day simple moving average of $5.17 and a 200 day simple moving average of $5.11. Global Self Storage, Inc. has a 52 week low of $4.01 and a 52 week high of $5.85. The company has a market cap of $57.48 million, a PE ratio of 18.89 and a beta of 0.24.

Global Self Storage (NASDAQ:SELF) last released its earnings results on Friday, November 8th. The financial services provider reported $0.10 earnings per share (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 $3.20 million during the quarter.

Global Self Storage Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were issued a $0.0725 dividend. This is an increase from Global Self Storage’s previous quarterly dividend of $0.07. The ex-dividend date was Monday, December 16th. This represents a $0.29 dividend on an annualized basis and a dividend yield of 5.69%. Global Self Storage’s dividend payout ratio is currently 107.41%.

Analyst Upgrades and Downgrades

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 price objective on the stock.

About Global Self Storage

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.