The vast array of news titles encompass multiple aspects of Public Storage's (PSA) operations and market performance. GAM Holding AG and multiple other parties have reportedly sold PSA shares, while other companies like San Luis Wealth Advisors and QRG Capital Management have purchased significant amounts. Notably, the company has faced market performance downgrades from BMO Capital. Despite this, it had a small increase in share value since its last earnings report. However, there seems to be a notable market concern regarding PSA.
PSA is investing in solar to utilize its rooftop space and is eyeing a premium takeover in the Australian market. It has also managed to expand their portfolio with $141M acquisitions. Despite growth indicators, PSA has been downgraded by several entities including BMO Capital and its price target reduced by Wells Fargo. Even so, PSA has shown strong Q1 results with a core FFO up by 2.2%. As a result, PSA dividends for Q2 2025 have been announced. However, the company forecasts a downbeat 2025 FFO due to LA wildfire headwinds.
Public Storage PSA News Analytics from Thu, 28 Nov 2024 08:00:00 GMT to Sat, 21 Jun 2025 10:54:08 GMT - Rating 5 - Innovation -2 - Information 6 - Rumor 2
