Lido Advisors LLC Sells 1,974 Shares of Public Storage $PSA

Lido Advisors LLC lowered its stake in Public Storage (NYSE:PSA) by 48.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,133 shares of the real estate investment trust’s stock after selling 1,974 shares during the quarter. Lido Advisors LLC’s holdings in Public Storage were worth $578,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Bayban bought a new stake in Public Storage in the fourth quarter valued at about $26,000. Harvest Fund Management Co. Ltd bought a new position in Public Storage during the third quarter worth about $27,000. Wealth Watch Advisors INC bought a new position in Public Storage during the third quarter worth about $34,000. Raiffeisen Bank International AG grew its position in shares of Public Storage by 35.2% during the 4th quarter. Raiffeisen Bank International AG now owns 142 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 37 shares during the period. Finally, Knuff & Co LLC acquired a new position in shares of Public Storage during the 4th quarter worth about $38,000. 78.79% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Citigroup increased their price target on shares of Public Storage from $325.00 to $363.00 and gave the company a “buy” rating in a research report on Tuesday, June 16th. Weiss Ratings upgraded shares of Public Storage from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, June 12th. UBS Group upped their target price on shares of Public Storage from $314.00 to $326.00 and gave the company a “neutral” rating in a research note on Friday, July 10th. Wall Street Zen raised shares of Public Storage from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, Mizuho boosted their price target on shares of Public Storage from $301.00 to $316.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Seven analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat.com, Public Storage presently has an average rating of “Hold” and an average target price of $325.37.

Insider Buying and Selling at Public Storage

In other news, insider Nathaniel A. Vitan sold 950 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $324.81, for a total value of $308,569.50. Following the completion of the transaction, the insider owned 1,414 shares in the company, valued at $459,281.34. This represents a 40.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 11.10% of the stock is owned by company insiders.

Public Storage News Roundup

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

• Positive Sentiment: Public Storage raised its 2026 Core FFO outlook to $16.75–$17.05 per share, compared with the analyst consensus of $16.94. The higher guidance signals confidence in the company’s earnings outlook. Public Storage Reports Second Quarter 2026 Results and Raises Guidance
• Positive Sentiment: Second-quarter net income rose 44.9% year over year to $2.55 per diluted share, while total revenue reached $1.23 billion, broadly matching expectations. The company also expanded through the $1.2 billion agreement to acquire Public Storage Canada and the completed all-stock merger with National Storage Affiliates, creating a portfolio of more than 4,500 locations. Public Storage Raises 2026 Guidance After $503 Million Q2 Profit
• Neutral Sentiment: Public Storage acquired 20 facilities during the quarter for $222.5 million, adding 1.5 million net rentable square feet. These investments support long-term growth but also increase the company’s capital and integration requirements.
• Negative Sentiment: Core FFO, the key REIT performance measure, was $4.17 per share, below the $4.25 consensus estimate and down from $4.28 a year earlier. This likely weighs more heavily on investors than the headline net-income beat. Public Storage Q2 FFO Miss Estimates
• Negative Sentiment: Same-store revenue declined 0.6% and same-store net operating income fell 2.2%, while overall quarterly revenue was essentially flat to slightly lower year over year. The results indicate continued pressure on organic storage demand and pricing.

Public Storage Trading Down 0.4%

NYSE PSA opened at $329.27 on Thursday. Public Storage has a one year low of $256.54 and a one year high of $335.55. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.56 and a quick ratio of 0.56. The firm has a market cap of $57.80 billion, a P/E ratio of 33.98, a P/E/G ratio of 4.44 and a beta of 0.96. The stock’s 50-day moving average is $317.11 and its 200-day moving average is $301.39.

Public Storage (NYSE:PSA) last issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $2.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.42 by $0.29. Public Storage had a return on equity of 37.78% and a net margin of 39.16%.The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the firm earned $4.12 EPS. Public Storage’s quarterly revenue was down .1% compared to the same quarter last year. Sell-side analysts anticipate that Public Storage will post 16.94 earnings per share for the current fiscal year.

Public Storage Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $3.00 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $12.00 dividend on an annualized basis and a yield of 3.6%. Public Storage’s payout ratio is presently 123.84%.

Public Storage Company Profile

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.