Baker Ellis Asset Management LLC Has $128,000 Stock Holdings in Global Self Storage, Inc. (NASDAQ:SELF)

Baker Ellis Asset Management LLC boosted its position in shares of Global Self Storage, Inc. (NASDAQ:SELF) by 20.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 24,000 shares of the financial services provider’s stock after purchasing an additional 4,000 shares during the period. Baker Ellis Asset Management LLC’s holdings in Global Self Storage were worth $128,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake 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 worth $272,000 after purchasing an additional 2,152 shares during the last quarter. Northwest Capital Management Inc bought a new stake in Global Self Storage in the third quarter worth $4,734,000. Finally, Crossingbridge Advisors LLC acquired a new position in Global Self Storage during the third quarter worth $526,000. Hedge funds and other institutional investors own 28.88% of the company’s stock.

Analysts Set New Price Targets

Separately, Alliance Global Partners initiated coverage on Global Self Storage in a research report on Friday, October 18th. They issued a “buy” rating and a $6.50 price target for the company.

Global Self Storage Stock Up 0.4 %

Shares of Global Self Storage stock opened at $5.10 on Friday. Global Self Storage, Inc. has a 12-month low of $4.01 and a 12-month high of $5.85. The stock has a 50 day moving average price of $5.17 and a two-hundred day moving average price of $5.11. The stock has a market capitalization of $57.48 million, a P/E ratio of 18.89 and a beta of 0.24.

Global Self Storage (NASDAQ:SELF) last posted its quarterly earnings data on Friday, November 8th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter. The business 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 firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 16th were paid a $0.0725 dividend. The ex-dividend date was Monday, December 16th. This is a positive change from Global Self Storage’s previous quarterly dividend of $0.07. This represents a $0.29 dividend on an annualized basis and a dividend yield of 5.69%. Global Self Storage’s payout ratio is presently 107.41%.

Global Self Storage 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.