Various investment firms including Asset Management One Co. Ltd., Summit Trail Advisors LLC, and Lecap Asset Management Ltd. have increased their positions in Public Storage (NYSE:PSA). The company's stock has grown by 26.8% over the past six months, leading to price target adjustments by Jefferies; the new target became $344. Despite this growth, Public Storage is accused of underperforming when compared to the Nasdaq. Allspring Global Investments Holdings LLC and Swedbank AB demonstrated their confidence in the company by acquiring thousands of shares. On the contrary, several entities, including Vanderbilt University and U.S. Capital Wealth Advisors LLC, have reduced their share in Public Storage (PSA). Dividend investors might find reliability in PSA given the company's recent declaration of 2024 Dividend Tax Treatment. However, the company's growth potential remains a topic of debate among several analysts. For instance, UBS considers Public Storage a bottom-ranked Quant stock. Meanwhile, company insider Nathaniel Vitan has sold 450 shares of the firm.
Public Storage PSA News Analytics from Thu, 16 Feb 2017 08:00:00 GMT to Fri, 14 Feb 2025 16:22:14 GMT - Rating 7 - Innovation 3 - Information 7 - Rumor -1
