Winmill & CO. Inc. Purchases New Shares in Extra Space Storage Inc $EXR

Winmill & CO. Inc. purchased a new position in Extra Space Storage Inc (NYSE:EXR) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,027 shares of the real estate investment trust’s stock, valued at approximately $1,457,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Reflection Asset Management purchased a new stake in shares of Extra Space Storage in the fourth quarter valued at $26,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Extra Space Storage in the 3rd quarter worth about $28,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of Extra Space Storage during the 1st quarter worth about $30,000. CoreCap Advisors LLC boosted its stake in shares of Extra Space Storage by 975.0% during the 2nd quarter. CoreCap Advisors LLC now owns 258 shares of the real estate investment trust’s stock worth $37,000 after purchasing an additional 234 shares during the period. Finally, DV Equities LLC bought a new position in Extra Space Storage during the 4th quarter valued at about $39,000. 99.11% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Extra Space Storage

In other news, EVP Gwyn Goodson Mcneal sold 3,300 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $150.00, for a total transaction of $495,000.00. Following the transaction, the executive vice president owned 37,374 shares of the company’s stock, valued at approximately $5,606,100. This represents a 8.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.96% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on EXR. Royal Bank Of Canada increased their price objective on shares of Extra Space Storage from $153.00 to $157.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 30th. Mizuho boosted their target price on Extra Space Storage from $150.00 to $155.00 and gave the company an “outperform” rating in a research report on Wednesday, May 27th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $160.00 target price on shares of Extra Space Storage in a research note on Thursday, July 30th. Wells Fargo & Company increased their price target on Extra Space Storage from $154.00 to $158.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. Finally, Wall Street Zen raised Extra Space Storage from a “sell” rating to a “hold” rating in a research note on Sunday, August 9th. Six equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $147.71.

Extra Space Storage Stock Performance

Extra Space Storage stock opened at $146.97 on Monday. The company has a 50 day moving average price of $147.31 and a 200-day moving average price of $143.82. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.56 and a current ratio of 1.56. Extra Space Storage Inc has a fifty-two week low of $125.71 and a fifty-two week high of $158.88. The company has a market capitalization of $31.05 billion, a PE ratio of 32.44, a P/E/G ratio of 4.22 and a beta of 1.18.

Extra Space Storage (NYSE:EXR) last announced its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.09. Extra Space Storage had a return on equity of 6.70% and a net margin of 27.80%.The firm had revenue of $874.15 million during the quarter, compared to analyst estimates of $874.99 million. During the same quarter in the previous year, the business earned $2.05 earnings per share. Extra Space Storage’s quarterly revenue was up 3.9% on a year-over-year basis. Extra Space Storage has set its FY 2026 guidance at 8.250-8.400 EPS. As a group, equities analysts forecast that Extra Space Storage Inc will post 8.32 earnings per share for the current year.

Extra Space Storage Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $1.62 dividend. This represents a $6.48 annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Tuesday, September 15th. Extra Space Storage’s dividend payout ratio is currently 143.05%.

Extra Space Storage Profile

Extra Space Storage (NYSE: EXR) is a real estate investment trust that specializes in the ownership, development and operation of self-storage properties. The company provides storage solutions for residential and commercial customers, offering a range of unit sizes, climate-controlled units and specialized options such as vehicle and boat storage. Extra Space Storage markets itself as a customer-focused operator, with online rentals, contactless move-in options and ancillary retail products like packing supplies and insurance to support tenant needs.

Its business model combines property ownership with third-party management and development activities.