Carnegie Investment Counsel currently holds
$32.57 million in Public Storage
$PSA. Alongside this,
Public Storage is regularly conducting valuation evaluations following instances of recent share price weakness. Meanwhile, historical stakeholders continue to adjust their holdings, with entities such as
OLD National Bancorp IN and
Osaic Holdings Inc. undertaking share purchases, while others like
Invesco Ltd. and
Amundi resort to share sell-offs. Additionally,
Public Storage welcomed a new board member while updating their 2025 earnings guidance. Notably,
$PSA's Q3 FFO & revenues have exceeded estimates, leading to an increase in the '25 view. However, the company is also seeing a decrease in share positions by investment groups like
Sei Investments Co. and
Guggenheim Capital LLC. Simultaneously, the company's stock performance is regularly being compared with other REIT - Industrial Stocks. A recently lowered stock price target at
RBC hints at stable fundamentals. Public Storage continues expansion plans, even after a price target cut following Q2 results. The firm has also withdrawn its bid for
Abacus Storage King, citing overvaluation.
Public Storage PSA News Analytics from Wed, 12 Feb 2025 08:00:00 GMT to Sat, 27 Dec 2025 10:35:40 GMT -
Rating -1
- Innovation -3
- Information 7
- Rumor -2
