Public Storage has been attracting
interest from a wide range of
investment firms and
shareholders, amidst fluctuating
stock performance. Financial institutions like National Pension Service and KBC Group NV have sold significant shares while others like ProShare Advisors LLC, Mitsubishi UFJ Asset Management, and Aviva PLC are reinforcing their position. Special attention is given to PSA's robust balance sheet, with Geode Capital Management retaining $1.16 Billion stake.
Preferred Dividends are deemed safe, adding a layer of trust.
PSA Q3 Earnings surpassed Wall Street forecasts and estimates, particularly in FFO and revenues. With increased
company valuation, PSA posts Q3 Core FFO of $4.31 and performs major acquisitions. However, signs of decline have been noticed, particularly a 15.7% price drop and consecutive losing streak. Despite this, Evercore raised its price target for PSA and experts foresee the potential for hidden value. The company's financial growth strategies secure a 'Moderate Buy' rating among brokerages.
Public Storage PSA News Analytics from Tue, 25 Feb 2025 08:00:00 GMT to Sat, 15 Nov 2025 16:56:54 GMT -
Rating 5
- Innovation -3
- Information 7
- Rumor 2
