Global Self Storage (NASDAQ:SELF) Now Covered by Alliance Global Partners

Research analysts at Alliance Global Partners initiated coverage on shares of Global Self Storage (NASDAQ:SELF) in a research note issued on Friday, MarketBeat reports. The firm set a “buy” rating and a $6.50 price target on the financial services provider’s stock. Alliance Global Partners’ price target suggests a potential upside of 29.22% from the stock’s previous close.

Global Self Storage Price Performance

Shares of SELF opened at $5.03 on Friday. The company has a market capitalization of $56.69 million, a PE ratio of 26.48 and a beta of 0.25. Global Self Storage has a one year low of $4.01 and a one year high of $5.85. The company’s fifty day moving average price is $5.12 and its 200 day moving average price is $4.89.

Institutional Trading of Global Self Storage

Institutional investors have recently made changes to their positions in the business. Northwest Capital Management Inc acquired a new stake in shares of Global Self Storage during the 3rd quarter valued at about $4,734,000. Core Wealth Partners LLC acquired a new stake in shares of Global Self Storage during the 1st quarter valued at about $44,000. Finally, Dimensional Fund Advisors LP boosted 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 in the last quarter. 28.88% of the stock is currently owned by institutional investors and hedge funds.

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.