Extra Space Storage Inc. (EXR) has seen significant activity over the past months, with a range of investment groups altering their positions. Vanguard Group Inc. and QRG Capital Management Inc. increased their holdings, while Empowered Funds LLC and Envestnet Portfolio Solutions Inc. acquired additional shares. Conversely, the State Board of Administration of Florida Retirement System and Oppenheimer Asset Management Inc. sold shares. Amidst fluctuating market performance, EXR saw a jump in its RS rating to 82. EXR's merger with
Life Storage attracted attention as well, solidifying its market position. Scotiabank and Evercore ISI raised their price target for EXR following improvements in occupancy rates, boosting the stock's profile. EXR's performance over 15 years yielded a significant return on a $1000 investment. The company's 2024 Quarter 1 earnings report revealed obstacles amidst
Life Storage merger costs, but also strong occupancy rates and FFO that topped estimates. Mitsubishi UFJ Asset Management Co. Ltd. maintains hefty stock holdings, while others, such as SG Americas Securities LLC, also retain significant investments. Looking forward, EXR aims to use dividends and growth strategies to bolster its portfolio.
Extra Space Storage EXR News Analytics from Mon, 03 Apr 2023 07:00:00 GMT to Sun, 21 Jul 2024 22:10:10 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor 3
