Bokf Na Grows Position in Extra Space Storage Inc. (NYSE:EXR)

Bokf Na grew its stake in shares of Extra Space Storage Inc. (NYSE:EXRGet Rating) by 1.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,220 shares of the real estate investment trust’s stock after purchasing an additional 254 shares during the quarter. Bokf Na’s holdings in Extra Space Storage were worth $2,759,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Extra Space Storage by 1.8% during the first quarter. Vanguard Group Inc. now owns 22,322,540 shares of the real estate investment trust’s stock valued at $4,589,514,000 after purchasing an additional 388,156 shares during the period. State Street Corp boosted its stake in shares of Extra Space Storage by 7.2% during the first quarter. State Street Corp now owns 9,119,086 shares of the real estate investment trust’s stock valued at $1,874,884,000 after purchasing an additional 612,842 shares during the period. Cohen & Steers Inc. boosted its stake in shares of Extra Space Storage by 3.9% during the first quarter. Cohen & Steers Inc. now owns 6,023,042 shares of the real estate investment trust’s stock valued at $1,238,485,000 after purchasing an additional 227,391 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Extra Space Storage by 8.0% during the second quarter. Principal Financial Group Inc. now owns 5,145,316 shares of the real estate investment trust’s stock valued at $875,324,000 after purchasing an additional 381,282 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Extra Space Storage by 6.1% during the first quarter. Massachusetts Financial Services Co. MA now owns 3,136,272 shares of the real estate investment trust’s stock valued at $644,818,000 after purchasing an additional 179,873 shares during the period. Hedge funds and other institutional investors own 95.10% of the company’s stock.

Extra Space Storage Stock Performance

Shares of Extra Space Storage stock opened at $158.14 on Monday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 1.72. The firm has a market capitalization of $21.18 billion, a P/E ratio of 22.95, a P/E/G ratio of 2.32 and a beta of 0.52. The business has a fifty day simple moving average of $169.31 and a two-hundred day simple moving average of $178.24. Extra Space Storage Inc. has a 12 month low of $149.78 and a 12 month high of $228.84.

Wall Street Analysts Forecast Growth

EXR has been the subject of a number of research analyst reports. KeyCorp raised their price target on Extra Space Storage from $200.00 to $220.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 17th. StockNews.com initiated coverage on Extra Space Storage in a research note on Wednesday, October 12th. They issued a “hold” rating for the company. Evercore ISI dropped their price target on Extra Space Storage from $196.00 to $188.00 and set an “in-line” rating for the company in a research note on Tuesday, September 27th. Citigroup raised their price target on Extra Space Storage to $229.00 in a research note on Monday, August 22nd. Finally, Truist Financial raised their price target on Extra Space Storage from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Monday, August 15th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Extra Space Storage presently has a consensus rating of “Hold” and a consensus price target of $202.11.

About Extra Space Storage

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Extra Space Storage Inc, headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, DC and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space.

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Institutional Ownership by Quarter for Extra Space Storage (NYSE:EXR)

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