HighTower Advisors LLC increased its stake in shares of Public Storage (NYSE:PSA – Free Report) by 0.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 369,203 shares of the real estate investment trust’s stock after acquiring an additional 1,699 shares during the period. HighTower Advisors LLC’s holdings in Public Storage were worth $106,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently added to or reduced their stakes in the company. National Pension Service boosted its position in shares of Public Storage by 4.2% in the 3rd quarter. National Pension Service now owns 255,300 shares of the real estate investment trust’s stock valued at $73,743,000 after purchasing an additional 10,345 shares during the period. J.W. Cole Advisors Inc. boosted its holdings in shares of Public Storage by 57.5% in the third quarter. J.W. Cole Advisors Inc. now owns 4,974 shares of the real estate investment trust’s stock worth $1,437,000 after buying an additional 1,816 shares during the period. Cornerstone Planning Group LLC raised its holdings in shares of Public Storage by 14,992.3% during the third quarter. Cornerstone Planning Group LLC now owns 11,772 shares of the real estate investment trust’s stock valued at $3,400,000 after acquiring an additional 11,694 shares during the period. Jones Financial Companies Lllp lifted its position in shares of Public Storage by 19.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 41,094 shares of the real estate investment trust’s stock valued at $11,766,000 after acquiring an additional 6,814 shares in the last quarter. Finally, Vanderbilt University boosted its stake in Public Storage by 103.1% in the 3rd quarter. Vanderbilt University now owns 9,112 shares of the real estate investment trust’s stock worth $2,632,000 after purchasing an additional 4,626 shares during the period. 78.79% of the stock is currently owned by institutional investors.
Public Storage News Roundup
Here are the key news stories impacting Public Storage this week:
- Positive Sentiment: Q4 results beat estimates: Core FFO and revenue topped consensus, with FFO roughly $4.26/sh and revenue up year‑over‑year — confirming solid operating performance. Public Storage Beats Q4 FFO & Revenue Estimates, Unveils Initiatives
- Positive Sentiment: Aggressive FY‑2026 guidance: Management raised full‑year earnings guidance well above Street estimates (FY2026 EPS guidance materially > consensus), increasing earnings visibility and supporting valuation. Public Storage Reports Fourth Quarter and Full Year 2025 Results
- Positive Sentiment: PS4.0 strategic launch and leadership update: The company unveiled “PS4.0” — a multi‑year plan aimed at accelerating growth, value creation and a leadership transition framed as generational continuity, which investors view as constructive for long‑term growth. Public Storage Announces PS4.0™ — A New Era of Leadership, Growth and Value Creation
- Neutral Sentiment: Quarterly detail: EPS and margins were strong (high net margin and ROE; EPS beat by a small amount vs. estimates), and the company posted its investor slide deck — useful for modeling but incremental vs. headline beats. Public Storage: Q4 Earnings Materials
- Negative Sentiment: Near‑term growth uncertainty: Management flagged mixed same‑store trends and noted expansion initiatives that could require execution and capital allocation risks — a potential drag if same‑store momentum softens or expansion costs climb. Public Storage Beats Q4 FFO & Revenue Estimates, Unveils Initiatives
Public Storage Price Performance
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on PSA. Weiss Ratings restated a “hold (c)” rating on shares of Public Storage in a report on Thursday, January 22nd. BNP Paribas Exane reduced their price objective on Public Storage from $329.00 to $315.00 in a research note on Tuesday, December 23rd. Wells Fargo & Company downgraded Public Storage from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $330.00 to $295.00 in a report on Thursday, February 5th. Mizuho decreased their price target on shares of Public Storage from $310.00 to $285.00 and set a “neutral” rating for the company in a report on Friday, December 5th. Finally, Bank of America lowered shares of Public Storage from a “buy” rating to a “neutral” rating and set a $310.00 price objective on the stock. in a research note on Thursday, February 5th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $306.63.
Check Out Our Latest Research Report on Public Storage
Public Storage Company Profile
Public Storage (NYSE: PSA) is a real estate investment trust (REIT) that specializes in self-storage services. Headquartered in Glendale, California, the company was founded in the early 1970s and has grown through development and acquisitions to become one of the largest owner-operators of self-storage facilities in the United States. It is publicly traded on the New York Stock Exchange under the ticker PSA.
The company’s core business is the ownership, operation and management of self-storage properties that serve both residential and commercial customers.
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