Quantinno Capital Management LP Buys 5,242 Shares of Public Storage $PSA

Quantinno Capital Management LP lifted its position in Public Storage (NYSE:PSA) by 4.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 125,268 shares of the real estate investment trust’s stock after purchasing an additional 5,242 shares during the quarter. Quantinno Capital Management LP’s holdings in Public Storage were worth $33,933,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in PSA. Vanguard Group Inc. lifted its holdings in Public Storage by 9.9% during the 4th quarter. Vanguard Group Inc. now owns 25,343,098 shares of the real estate investment trust’s stock valued at $6,576,534,000 after purchasing an additional 2,274,397 shares during the last quarter. Norges Bank bought a new stake in Public Storage during the fourth quarter worth about $1,163,751,000. Capital International Investors grew its stake in Public Storage by 821.4% during the fourth quarter. Capital International Investors now owns 4,134,996 shares of the real estate investment trust’s stock worth $1,073,032,000 after buying an additional 3,686,211 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Public Storage by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 4,089,143 shares of the real estate investment trust’s stock worth $1,056,976,000 after buying an additional 66,445 shares in the last quarter. Finally, Cohen & Steers Inc. increased its holdings in shares of Public Storage by 9.3% during the fourth quarter. Cohen & Steers Inc. now owns 3,993,623 shares of the real estate investment trust’s stock worth $1,036,375,000 after buying an additional 339,882 shares in the last quarter. Institutional investors and hedge funds own 78.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $341.00 target price on shares of Public Storage in a research note on Wednesday, April 29th. Weiss Ratings raised Public Storage from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, June 12th. BNP Paribas Exane lifted their price objective on Public Storage from $331.00 to $335.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Truist Financial boosted their price objective on Public Storage from $302.00 to $338.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Finally, JPMorgan Chase & Co. increased their target price on Public Storage from $291.00 to $338.00 and gave the stock a “neutral” rating in a report on Thursday, June 11th. Seven analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $325.37.

Insider Buying and Selling

In other Public Storage news, insider Nathaniel A. Vitan sold 950 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $324.81, for a total value of $308,569.50. Following the transaction, the insider directly owned 1,414 shares in the company, valued at approximately $459,281.34. This trade represents a 40.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 11.10% of the company’s stock.

Public Storage Trading Down 3.7%

Shares of NYSE PSA opened at $317.31 on Friday. Public Storage has a 1-year low of $256.54 and a 1-year high of $335.55. The company has a 50-day moving average of $317.35 and a two-hundred day moving average of $301.67. The company has a market cap of $55.70 billion, a PE ratio of 30.28, a P/E/G ratio of 4.43 and a beta of 0.96. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 2.02.

Public Storage (NYSE:PSA) last released its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $2.71 EPS for the quarter, beating the consensus estimate of $2.42 by $0.29. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Public Storage had a net margin of 41.80% and a return on equity of 40.84%. Public Storage’s revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $4.12 earnings per share. As a group, equities analysts expect that Public Storage will post 16.94 earnings per share for the current fiscal year.

Public Storage Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $3.00 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $12.00 annualized dividend and a yield of 3.8%. Public Storage’s dividend payout ratio is currently 123.84%.

Trending Headlines about Public Storage

Here are the key news stories impacting Public Storage this week:

• Positive Sentiment: Public Storage raised its 2026 Core FFO-per-share outlook to $16.75–$17.05, reflecting expected contributions from acquisitions and the completed National Storage Affiliates merger. The range is broadly in line with the $16.94 analyst consensus. Public Storage forecasts 2026 Core FFO
• Positive Sentiment: Second-quarter revenue increased to approximately $1.23 billion, matching estimates, while net income rose to $502.9 million from $361.4 million a year earlier. Public Storage also acquired 20 facilities during the quarter and agreed to purchase Public Storage Canada for about $1.2 billion. Public Storage raises guidance after second-quarter profit
• Positive Sentiment: The completed all-stock merger with National Storage Affiliates expands Public Storage’s platform to more than 4,500 locations and over 327 million square feet, increasing scale and potentially supporting future growth. Public Storage reports second-quarter results and raises guidance
• Neutral Sentiment: Reported EPS was $4.17, above the headline analyst estimate cited by some outlets, but the more relevant REIT measure—Core FFO—was $4.17 per share versus the $4.25 consensus and $4.28 a year earlier. Public Storage second-quarter FFO misses estimates
• Negative Sentiment: Same-store revenue fell 0.6% and same-store net operating income declined 2.2%, signaling continued pressure on rental rates, occupancy, or operating costs in the existing portfolio. Public Storage Q2 FFO misses on same-store NOI decline
• Negative Sentiment: The quarter’s Core FFO missed expectations, and the midpoint of the new annual guidance is slightly below consensus. Investors may therefore view the company’s growth as increasingly dependent on acquisitions and mergers rather than organic same-store performance.

About Public Storage

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.