908,727 Shares in Global Self Storage, Inc. (NASDAQ:SELF) Purchased by Northwest Capital Management Inc

Northwest Capital Management Inc acquired a new stake in shares of Global Self Storage, Inc. (NASDAQ:SELF) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 908,727 shares of the financial services provider’s stock, valued at approximately $4,734,000. Global Self Storage makes up 1.7% of Northwest Capital Management Inc’s investment portfolio, making the stock its 14th biggest holding. Northwest Capital Management Inc owned 8.07% of Global Self Storage at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Dimensional Fund Advisors LP raised its stake in shares of Global Self Storage by 4.0% in the second 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. Core Wealth Partners LLC bought a new stake in Global Self Storage in the 1st quarter worth about $44,000. Finally, Creekmur Asset Management LLC purchased a new position in Global Self Storage in the 4th quarter worth about $42,000. 28.88% of the stock is owned by hedge funds and other institutional investors.

Global Self Storage Stock Performance

SELF opened at $5.00 on Wednesday. The company’s 50-day simple moving average is $5.10 and its two-hundred day simple moving average is $4.86. Global Self Storage, Inc. has a 52-week low of $4.01 and a 52-week high of $5.85. The stock has a market capitalization of $56.30 million, a P/E ratio of 26.32 and a beta of 0.25.

Global Self Storage Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Tuesday, September 17th were issued a $0.072 dividend. This represents a $0.29 annualized dividend and a yield of 5.76%. The ex-dividend date of this dividend was Tuesday, September 17th. Global Self Storage’s dividend payout ratio is currently 152.63%.

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.