PGGM Investments Sells 19,167 Shares of Public Storage $PSA

PGGM Investments lessened its position in Public Storage (NYSE:PSA) by 14.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,593 shares of the real estate investment trust’s stock after selling 19,167 shares during the period. PGGM Investments’ holdings in Public Storage were worth $31,945,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in PSA. Marshall & Sullivan Inc. WA bought a new stake in Public Storage in the second quarter worth approximately $25,000. Harbor Asset Planning Inc. bought a new stake in Public Storage during the 2nd quarter worth approximately $25,000. First Pacific Financial purchased a new stake in shares of Public Storage in the third quarter worth approximately $26,000. Asset Dedication LLC grew its position in Public Storage by 111.1% during the second quarter. Asset Dedication LLC now owns 95 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 50 shares during the period. Finally, NewSquare Capital LLC grew its position in shares of Public Storage by 60.6% during the 2nd quarter. NewSquare Capital LLC now owns 106 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 40 shares during the period. 78.79% of the stock is owned by institutional investors.

Public Storage Stock Up 2.0%

PSA opened at $293.44 on Friday. Public Storage has a fifty-two week low of $256.54 and a fifty-two week high of $322.49. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.45 and a current ratio of 0.45. The stock has a market cap of $51.49 billion, a price-to-earnings ratio of 30.47, a price-to-earnings-growth ratio of 7.02 and a beta of 1.01. The firm’s fifty day moving average is $269.98 and its 200 day moving average is $282.68.

Public Storage (NYSE:PSA) last announced its quarterly earnings data on Wednesday, October 29th. The real estate investment trust reported $4.31 EPS for the quarter, beating the consensus estimate of $4.24 by $0.07. Public Storage had a return on equity of 36.09% and a net margin of 39.53%.The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the previous year, the business earned $4.20 earnings per share. The business’s revenue was down 5.4% on a year-over-year basis. Public Storage has set its FY 2025 guidance at 16.700-17.000 EPS. On average, sell-side analysts forecast that Public Storage will post 16.7 earnings per share for the current fiscal year.

Public Storage Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th were issued a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Monday, December 15th. Public Storage’s dividend payout ratio (DPR) is 124.61%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Royal Bank Of Canada reduced their target price on Public Storage from $309.00 to $307.00 and set a “sector perform” rating on the stock in a research note on Friday, October 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Public Storage in a report on Wednesday, October 8th. BMO Capital Markets cut their price target on shares of Public Storage from $320.00 to $305.00 and set a “market perform” rating on the stock in a report on Monday, December 22nd. JPMorgan Chase & Co. restated a “neutral” rating and issued a $301.00 price objective (down previously from $316.00) on shares of Public Storage in a report on Thursday, December 18th. Finally, Wells Fargo & Company increased their price objective on shares of Public Storage from $320.00 to $330.00 and gave the company an “overweight” rating in a research report on Monday, October 27th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Public Storage currently has an average rating of “Moderate Buy” and a consensus price target of $315.56.

Public Storage News Roundup

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

• Positive Sentiment: Goldman Sachs kept a Buy rating and lowered its price target to $321, still implying meaningful upside from current levels — supports investor confidence in PSA’s earnings power and long-term outlook. Read More. Read More.
• Neutral Sentiment: Evercore ISI trimmed its price target slightly to $305 (from $309) but left its rating unchanged — a modest update that leaves only limited impact on the stock’s near-term valuation. Read More.
• Neutral Sentiment: Public Storage confirmed the tax characterization of its 2025 dividends as 100% ordinary income (no capital-gain distributions) — provides clarity for income investors but doesn’t change company cash flow. Read More.
• Neutral Sentiment: Valuation coverage (DCF/P‑E focus) published about whether PSA’s price reflects its valuation signals — useful context for traders assessing whether the current move is valuation-driven or sentiment-driven. Read More.
• Negative Sentiment: Zacks revised down quarterly and full‑year EPS estimates (Q1–Q3 2027 and FY2026/27), lowering short‑term earnings expectations — a direct headwind for forward earnings multiples and investor sentiment. Read More.
• Negative Sentiment: A disclosure reported that Rep. Gilbert Ray Cisneros, Jr. sold PSA shares — insider selling can be viewed negatively by some investors even if non‑material. Read More.

About Public Storage

Public Storage (NYSE: PSA) is a real estate investment trust (REIT) that specializes in self-storage services. Headquartered in Glendale, California, the company was founded in the early 1970s and has grown through development and acquisitions to become one of the largest owner-operators of self-storage facilities in the United States. It is publicly traded on the New York Stock Exchange under the ticker PSA.

The company’s core business is the ownership, operation and management of self-storage properties that serve both residential and commercial customers.