Swedbank AB has reduced its stakes in
Extra Space Storage Inc (EXR). The
Real Estate Company's growth is being supported by increasing demand for space. However, alongside outpacing the market, comes an increased price. Various investors and finance firms such as
Czech National Bank, IFM Investors Pty Ltd, and Kera Capital Partners Inc. are investing in the company.
UBS Group lowered their price target for EXR to $160.00.
Pallas Capital Advisors LLC and
Gradient Investments LLC have increased their holdings in the firm.
Extra Space Storage has also announced multiple dividends by the 3rd quarter 2025 and is seeking to maintain growth through multiple revenue streams. Several
institutional investors such as
Voya Investment Management LLC and United Services Automobile Association have made new investments.
Extra Space Storage executed a key executive leadership transition. The company entered into an amended $4.5 billion credit deal. Even with a challenging demand environment,
Extra Space Storage's hold rating is maintained by Morgan Stanley and BMO Capital. They recently celebrated 4,000 store milestones and announced new dividends, raising $800M through senior notes to fund acquisitions and growth.
Extra Space Storage EXR News Analytics from Wed, 20 Nov 2024 08:00:00 GMT to Sat, 20 Sep 2025 10:53:53 GMT -
Rating 8
- Innovation -3
- Information 4
- Rumor -5
