Public Storage (NYSE: PSA) has been actively present in the market with varying financial moves and strategies. Of significance, the company is undertaking a
$875M Senior Notes Sale, this move will surely solidify Public Storage's balance sheet, ensuring stability, and fuelling company's growth. Various financial firms like
Little House Capital LLC, Spire Wealth Management, Achmea Investment Management B.V., Oppenheimer Asset Management Inc. and
Capital Investment Advisors LLC have been increasing their holdings in PSA. PSA also grabbed attention as it was upgraded by
BNP Paribas. However, it was also downgraded to market perform by
BMO Capital Markets. Pivotal news also includes the
declaration of dividends for the second quarter of 2025, and an optimistic outlook from the Q1 2025 earnings call that highlighted strong revenue growth. A premium takeover bid into Australian market marked Public Storage’s major acquisition move. The company plans to dip its toes into the solar industry as well, utilizing its underutilized rooftop space. Capping off the critical updates is Public Storage’s recent hiring of
Chris Sambar as its new Chief Operating Officer.
Public Storage PSA News Analytics from Fri, 18 Oct 2024 07:00:00 GMT to Sat, 28 Jun 2025 21:35:59 GMT -
Rating 6
- Innovation 3
- Information 8
- Rumor -2
