4,272 Shares in Extra Space Storage Inc $EXR Bought by Krilogy Financial LLC

Krilogy Financial LLC purchased a new stake in Extra Space Storage Inc (NYSE:EXR) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,272 shares of the real estate investment trust’s stock, valued at approximately $568,000.

Other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc raised its position in shares of Extra Space Storage by 60.2% during the 3rd quarter. Versant Capital Management Inc now owns 213 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 80 shares in the last quarter. Brown Advisory Inc. increased its stake in Extra Space Storage by 1.8% in the second quarter. Brown Advisory Inc. now owns 4,431 shares of the real estate investment trust’s stock valued at $653,000 after purchasing an additional 80 shares during the last quarter. Exchange Traded Concepts LLC raised its holdings in Extra Space Storage by 10.2% during the third quarter. Exchange Traded Concepts LLC now owns 983 shares of the real estate investment trust’s stock worth $139,000 after purchasing an additional 91 shares in the last quarter. CX Institutional lifted its position in shares of Extra Space Storage by 8.7% during the 3rd quarter. CX Institutional now owns 1,193 shares of the real estate investment trust’s stock worth $168,000 after buying an additional 95 shares during the last quarter. Finally, Simplicity Wealth LLC boosted its holdings in shares of Extra Space Storage by 6.9% in the 3rd quarter. Simplicity Wealth LLC now owns 1,541 shares of the real estate investment trust’s stock valued at $217,000 after buying an additional 100 shares in the last quarter. 99.11% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on EXR. Evercore reiterated a “cautious” rating on shares of Extra Space Storage in a research note on Monday, November 3rd. Wall Street Zen cut Extra Space Storage from a “hold” rating to a “sell” rating in a research report on Saturday, November 1st. Royal Bank Of Canada decreased their target price on Extra Space Storage from $148.00 to $146.00 and set a “sector perform” rating for the company in a research report on Friday, November 7th. Weiss Ratings restated a “hold (c)” rating on shares of Extra Space Storage in a research note on Thursday, January 22nd. Finally, Mizuho boosted their price objective on Extra Space Storage from $137.00 to $143.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Six analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $144.67.

Extra Space Storage Stock Up 1.4%

EXR opened at $146.34 on Friday. The business has a 50 day moving average price of $136.79 and a two-hundred day moving average price of $138.59. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.89. The company has a market cap of $31.06 billion, a PE ratio of 32.67, a P/E/G ratio of 1.76 and a beta of 1.27. Extra Space Storage Inc has a 52 week low of $121.03 and a 52 week high of $162.77.

Extra Space Storage Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were issued a dividend of $1.62 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $6.48 annualized dividend and a dividend yield of 4.4%. Extra Space Storage’s dividend payout ratio (DPR) is currently 144.64%.

Extra Space Storage Profile

Extra Space Storage (NYSE: EXR) is a real estate investment trust that specializes in the ownership, development and operation of self-storage properties. The company provides storage solutions for residential and commercial customers, offering a range of unit sizes, climate-controlled units and specialized options such as vehicle and boat storage. Extra Space Storage markets itself as a customer-focused operator, with online rentals, contactless move-in options and ancillary retail products like packing supplies and insurance to support tenant needs.

Its business model combines property ownership with third-party management and development activities.