Public Storage (NYSE:PSA) has seen various investment activities, including transactions by Thompson Siegel & Walmsley LLC and Pacer Advisors Inc., who both reduced their stake in the company. Conversely, BNP PARIBAS ASSET MANAGEMENT Holding S.A., and B. Metzler seel. Sohn & Co. Holding AG, among others, acquired new positions. The company's Q3 2024 earnings call focused on strategically navigating challenges and it received a moderate buy recommendation from brokerages on average. However, their Q3 estimated FFO fell short. Several firms like Commerce Bank, Thrivent Financial for Lutherans, and Hilton Capital Management LLC grew their stake, despite Zack's research foretelling reduced earnings for Public Storage. Their share performance underperformed against competitors on various occasions. The firm's Q3 earnings are expected to be influenced by key factors and they announced dividends for Q3 2024. Several reports highlighted growing dividend yields for Public Storage's preferred series shares. The firm also reported results for the three and nine months ending September 30, 2024. Crucially, Public Storage's Preferred Series N shares also marked a 5.5% dividend yield. Lastly, they announced the hiring of Chris Sambar as Chief Operating Officer, among other important corporate updates.
Public Storage PSA News Analytics from Tue, 30 Apr 2024 07:00:00 GMT to Sat, 23 Nov 2024 10:33:33 GMT -
Rating 3
- Innovation 4
- Information 8
- Rumor -2
