Invesco Ltd,
JPMorgan Chase & Co,
Nuveen LLC, and several other entities have increased their stock holdings in
Public Storage (NYSE:PSA). However, some entities, including
Mizuho Securities USA LLC and
Westwood Holdings Group Inc, have reduced their shares in the company. The company's stock price seems to be mixed amidst bouts of volatility, with
Argus maintaining their hold rating and a price target of $283. The company's expansion activity has raised questions about its long-term investment narrative. Public Storage has also welcomed a new board member,
Luke Petherbridge, while managing to raise its view despite a fall in Q2 occupancy. Yet, there are concerns over a decline in net income despite higher Core FFO posted in Q2. The
Financial Forecast for the company is not entirely optimistic, with
Centersquare Investment Management LLC making large share purchases, and a few players downgrading to a sell rating. More
insider trading activities were noted in recent times.
Public Storage PSA News Analytics from Mon, 02 Dec 2024 08:00:00 GMT to Sat, 16 Aug 2025 19:56:56 GMT -
Rating -2
- Innovation 0
- Information 6
- Rumor 3
