Van Hulzen Asset Management LLC Acquires Shares of 3,630 Extra Space Storage Inc $EXR

Van Hulzen Asset Management LLC purchased a new stake in shares of Extra Space Storage Inc (NYSE:EXR) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 3,630 shares of the real estate investment trust’s stock, valued at approximately $527,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of EXR. Reflection Asset Management bought a new stake in shares of Extra Space Storage in the fourth quarter worth $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in Extra Space Storage during the third quarter valued at approximately $28,000. Cassaday & Co Wealth Management LLC bought a new position in Extra Space Storage during the 1st quarter worth approximately $30,000. CoreCap Advisors LLC lifted its holdings in Extra Space Storage by 975.0% during the 2nd quarter. CoreCap Advisors LLC now owns 258 shares of the real estate investment trust’s stock worth $37,000 after buying an additional 234 shares during the last quarter. Finally, DV Equities LLC acquired a new position in shares of Extra Space Storage in the 4th quarter worth approximately $39,000. 99.11% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on EXR shares. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $160.00 price target on shares of Extra Space Storage in a report on Thursday, July 30th. Mizuho increased their price target on Extra Space Storage from $150.00 to $155.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. Wall Street Zen upgraded shares of Extra Space Storage from a “sell” rating to a “hold” rating in a research note on Sunday, August 9th. Raymond James Financial assumed coverage on Extra Space Storage in a research note on Thursday, July 16th. They issued an “outperform” rating and a $44.00 price objective on the stock. Finally, Royal Bank Of Canada raised their target price on Extra Space Storage from $153.00 to $157.00 and gave the company a “sector perform” rating in a research note on Thursday, July 30th. Six analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $148.53.

Insider Buying and Selling at Extra Space Storage

In other news, EVP Gwyn Goodson Mcneal sold 3,300 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $150.00, for a total value of $495,000.00. Following the transaction, the executive vice president directly owned 37,374 shares of the company’s stock, valued at approximately $5,606,100. This represents a 8.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.96% of the company’s stock.

Extra Space Storage Stock Performance

Extra Space Storage stock opened at $144.94 on Wednesday. Extra Space Storage Inc has a fifty-two week low of $125.71 and a fifty-two week high of $158.88. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market cap of $30.62 billion, a P/E ratio of 32.00, a price-to-earnings-growth ratio of 4.21 and a beta of 1.18. The firm’s 50 day simple moving average is $147.27 and its 200-day simple moving average is $143.90.

Extra Space Storage (NYSE:EXR) last released its earnings results on Tuesday, July 28th. The real estate investment trust reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.16 by $0.09. The company had revenue of $874.15 million during the quarter, compared to analyst estimates of $874.99 million. Extra Space Storage had a return on equity of 6.70% and a net margin of 27.80%.The company’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.05 earnings per share. Extra Space Storage has set its FY 2026 guidance at 8.250-8.400 EPS. As a group, equities research analysts predict that Extra Space Storage Inc will post 8.32 EPS for the current year.

Extra Space Storage Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $1.62 dividend. This represents a $6.48 annualized dividend and a yield of 4.5%. The ex-dividend date is Tuesday, September 15th. Extra Space Storage’s dividend payout ratio is currently 143.05%.

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.