Public Storage (NYSE:PSA) has been attracting numerous investment actions, showing the market's mixed perception of the company's potential. Despite the slide in stock prices, investing entities such as
First Affirmative Financial Network,
Banque Cantonale Vaudoise,
GAMMA Investing LLC, and
Pensionfund DSM Netherlands, to name a few, have either boosted or introduced new positions in PSA, indicating the inherent value they foresee. In contrast, some entities like
B. Riley Wealth Advisors Inc,
Los Angeles Capital Management LLC, and
Evercore Wealth Management LLC have reduced their PSA shares. Notably, insider sales have been reported, but director
Kristy Pipes has acquired a considerable number of shares. PSA's performance, Q1 2024 earnings and occupancy fell short of estimates. However, the company's Q4 FFO and revenues outperformed them. PSA is viewed as a
potential dividend stock as it is a
REIT set for long-term gains, despite revenue underperformance. The stock has had inconsistent performance against competitors on different trading days.
Public Storage (PSA) ended up finalizing a $2.2B Simply Self Storage buyout.
Public Storage PSA News Analytics from Fri, 08 Sep 2023 07:00:00 GMT to Sun, 23 Jun 2024 12:11:05 GMT -
Rating -3
- Innovation -4
- Information 6
- Rumor -4
