Vanguard Group Inc. and
Bleakley Financial Group LLC have increased their stock holdings in
Public Storage (NYSE:PSA), with the latter purchasing 57 additional shares. The stock price has reached a new 52-week high at
$312.48, and
Scotiabank has raised the price target to
$314.00.
Centersquare Investment Management LLC and
Empowered Funds LLC have also boosted their stake in the storage company. Although Q1 2024 earnings missed estimates and occupancy rates dropped, Public Storage's stock has outperformed its competitors, surging 19% in three months. This positive momentum is expected to hold for the foreseeable future.
Envestnet Portfolio Solutions Inc. and
BNP PARIBAS ASSET MANAGEMENT Holding S.A. have increased their stock holdings whilst analysis indicates Public Storage to be a reputable, potential long-term investment. The firm's
Preferred Series G Shares have crossed the 5.5% yield mark. They are anticipated to be a strategic addition to investment portfolios, particularly for investors seeking dividends. Furthermore,
Fidelis Capital Partners LLC made a new $171,000 investment in Public Storage.
Public Storage PSA News Analytics from Fri, 08 Sep 2023 07:00:00 GMT to Sun, 21 Jul 2024 21:39:11 GMT -
Rating 8
- Innovation 2
- Information 6
- Rumor 5
