CreativeOne Wealth LLC has bought new positions in
Public Storage (PSA), and
Franklin Resources Inc. has sold a significant number of shares.
Zacks Research has reduced the earnings estimates for PSA and forecasted
Q3 and
Q2 2024 earnings. Several firms including Barclays have reduced the price target for PSA. Despite all of this, PSA is suggested as an apt portfolio pick now. There has been some selling and buying of PSA shares by various asset management and investment firms.
Insiders have also seen some activity, e.g. director
Kristy Pipes acquired 2,149 shares of PSA. Despite missing EPS and revenue for Q1 2024, PSA surpassed
Q2 FFO and Revenue estimates. PSA stock seems to provide a good entry point for long-term investors.
Clearbridge Investments LLC holds a significant position in PSA. PSA has also been suggested as a REIT for investors looking for long-term dividends. The company's stock position has been trimmed by a few firms including Victory Capital Management. The company's
FFO and revenues have repeatedly beaten the estimates.
Public Storage PSA News Analytics from Fri, 08 Sep 2023 07:00:00 GMT to Sun, 26 May 2024 18:52:52 GMT -
Rating -2
- Innovation 0
- Information 4
- Rumor -6
