2,330 Shares in Public Storage $PSA Purchased by Plimoth Trust Co. LLC

Plimoth Trust Co. LLC acquired a new stake in Public Storage (NYSE:PSA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,330 shares of the real estate investment trust’s stock, valued at approximately $659,000.

A number of other institutional investors have also modified their holdings of PSA. Viewpoint Investment Partners Corp raised its holdings in shares of Public Storage by 22.2% in the 3rd quarter. Viewpoint Investment Partners Corp now owns 1,100 shares of the real estate investment trust’s stock valued at $311,000 after buying an additional 200 shares during the period. Apollon Wealth Management LLC lifted its stake in Public Storage by 4.2% during the 3rd quarter. Apollon Wealth Management LLC now owns 4,500 shares of the real estate investment trust’s stock worth $1,273,000 after acquiring an additional 182 shares in the last quarter. Signaturefd LLC boosted its holdings in Public Storage by 24.2% during the 3rd quarter. Signaturefd LLC now owns 1,897 shares of the real estate investment trust’s stock valued at $537,000 after acquiring an additional 370 shares during the period. Sowell Financial Services LLC boosted its holdings in Public Storage by 9.8% during the 3rd quarter. Sowell Financial Services LLC now owns 10,296 shares of the real estate investment trust’s stock valued at $2,912,000 after acquiring an additional 923 shares during the period. Finally, Ascent Wealth Partners LLC boosted its holdings in Public Storage by 1.8% during the 3rd quarter. Ascent Wealth Partners LLC now owns 4,102 shares of the real estate investment trust’s stock valued at $1,160,000 after acquiring an additional 72 shares during the period. 78.79% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Public Storage

In other Public Storage news, insider Nathaniel A. Vitan sold 1,414 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $327.53, for a total value of $463,127.42. The sale was disclosed in a document filed with the SEC, which is available through this link. 11.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

PSA has been the subject of several research reports. Mizuho lifted their target price on Public Storage from $316.00 to $319.00 and gave the company a “neutral” rating in a research report on Wednesday, September 2nd. Weiss Ratings lowered Public Storage from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Truist Financial began coverage on Public Storage in a research report on Friday, October 2nd. They set a “buy” rating and a $317.00 price objective on the stock. Wells Fargo & Company set a $311.00 price objective on Public Storage in a research note on Tuesday, September 1st. Finally, UBS Group reiterated a “neutral” rating on shares of Public Storage in a report on Tuesday. Seven analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $323.42.

Public Storage Stock Down 1.0%

Shares of NYSE PSA opened at $306.94 on Tuesday. The company has a market capitalization of $53.90 billion, a price-to-earnings ratio of 18.27, a price-to-earnings-growth ratio of 4.63 and a beta of 0.94. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.66 and a quick ratio of 0.66. The business has a 50-day moving average of $299.87 and a two-hundred day moving average of $301.75. Public Storage has a 1 year low of $256.54 and a 1 year high of $335.55.

Public Storage (NYSE:PSA) last released its quarterly earnings data on Monday, October 26th. The real estate investment trust reported $4.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.49 by $1.85. Public Storage had a return on equity of 40.98% and a net margin of 41.80%. The business had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the prior year, the firm posted $4.31 EPS. The business’s quarterly revenue was up .5% compared to the same quarter last year. On average, analysts forecast that Public Storage will post 16.93 earnings per share for the current fiscal year.

Public Storage Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Tuesday, September 15th were issued a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 15th. Public Storage’s dividend payout ratio is 114.50%.

Public Storage News Summary

Here are the key news stories impacting Public Storage this week:

• Positive Sentiment: Core funds from operations (FFO) came in at $4.34 per share, above the Zacks consensus estimate of $4.27 and up from $4.31 a year earlier. Reported revenue of $1.37 billion also exceeded the $1.34 billion estimate. Public Storage Surpasses Q3 FFO and Revenue Estimates
• Positive Sentiment: Management raised its full-year 2026 guidance, while coverage highlighted reduced customer churn. These developments suggest improving operating stability and support the company’s earnings outlook. Public Storage Q3 Earnings Grow Amid Reduced Churn, Guidance Raised
• Positive Sentiment: Large acquisitions helped drive an 89% earnings-per-share beat against the broader consensus figure cited in the coverage, indicating that portfolio expansion materially supported quarterly results. Public Storage Q3 2026 Big Acquisitions Drive an 89% EPS Beat
• Neutral Sentiment: Revenue increased only 0.5% year over year, suggesting limited top-line growth even as acquisitions and operating improvements supported FFO. Public Storage Reports Earnings Results
• Negative Sentiment: Net income fell to $1.69 per share from $2.62 a year earlier, a 35.5% decline. The sharp drop in GAAP earnings may be weighing on sentiment despite stronger FFO and raised guidance. Public Storage Reports Third Quarter 2026 Results and Raises Guidance

Public Storage Profile

Public Storage (NYSE: PSA) is a real estate investment trust focused on the ownership, operation and development of self-storage facilities. The company rents storage units to residential and business customers, offering solutions for household belongings, commercial inventory, records, vehicles and other personal property. Many locations provide features such as climate-controlled units, electronic access, online reservations and moving and packing supplies.

Founded in 1972, Public Storage has grown into one of the largest self-storage operators in the United States.