Public Storage (PSA) stock has been sold by numerous organizations such as Oppenheimer, Goldman Sachs Group, and Westwood Holdings Group. The company's stock has often underperformed compared to competitors, only occasionally outperforming them on select trading days. Certain companies have increased their shares or holdings in Public Storage, including Rafferty Asset Management, Cibc World Markets Corp, and The Manufacturers Life Insurance Company. The organization's Director, Kristy Pipes acquired 2,149 additional shares, showing her confidence in the company. PSA's earnings have been a mixed bag, showcasing both underestimated and overestimated earnings in comparison to Wall Street's expectations. Public Storage faces several challenges in terms of occupancy and rent, but remains a popular portfolio pick and an attractive option for long-term investors. The company also executed a $2.2B buyout of Simply Self Storage, showing an aggressive acquisition strategy. Other analysts still acknowledge the organization as a 'moderate buy', despite its fluctuating performance.
Public Storage PSA News Analytics from Tue, 12 Sep 2023 07:00:00 GMT to Sun, 09 Jun 2024 15:52:16 GMT -
Rating -4
- Innovation -1
- Information 3
- Rumor -3
