Public Storage $PSA has seen varied market movements as multiple investment firms adjust their positions. Investors such as
Perpetual Ltd, IFM Investors Pty Ltd, and AG2R LA Mondiale Gestion D Actifs have enhanced their stakes. However, several shareholders, including IFM Investors Pty Ltd and Pensionfund Sabic, have decreased their holdings. The
UBS Group has curtailed PSA's price target to
$295 whilst Evercore ISI Group has enhanced the price target to
$312. Q2 results highlighted increased
revenue growth and FFO meeting estimates, although occupancy rates fell.
Acquisition plans worth $644M are set to accelerate growth. The company's stock has risen by
26.8% in six months, despite it falling 6.3% since the last earnings report. Analyses suggest it makes a strong choice for long-term investment and retirement dividend portfolios due to its strong dividend history.
Public Storage PSA News Analytics from Mon, 02 Dec 2024 08:00:00 GMT to Sat, 20 Sep 2025 13:10:14 GMT -
Rating 2
- Innovation -3
- Information 5
- Rumor -4
