公共存储(纽约证券交易所代码:PSA)平均收到经纪公司的 “持有” 推荐

公共存储(纽约证券交易所代码:PSA)平均收到经纪公司的 “持有” 推荐
2023年03月16日 15:52 富途牛牛综合

Shares of Public Storage (NYSE:PSA – Get Rating) have been given a consensus rating of "Hold" by the twelve research firms that are covering the firm, Marketbeat.com reports. Six analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $367.80.

Separately, Raymond James downgraded Public Storage from an "outperform" rating to a "market perform" rating in a research note on Monday, January 9th.

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Institutional Trading of Public Storage

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its position in shares of Public Storage by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 20,495,913 shares of the real estate investment trust's stock valued at $6,001,408,000 after purchasing an additional 286,384 shares during the last quarter. BlackRock Inc. increased its position in shares of Public Storage by 1.1% during the 3rd quarter. BlackRock Inc. now owns 17,157,864 shares of the real estate investment trust's stock valued at $5,023,993,000 after purchasing an additional 186,843 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Public Storage by 11.6% during the 4th quarter. Geode Capital Management LLC now owns 3,612,903 shares of the real estate investment trust's stock valued at $1,011,330,000 after purchasing an additional 374,203 shares during the last quarter. Norges Bank bought a new position in Public Storage during the 4th quarter worth approximately $670,512,000. Finally, Legal & General Group Plc grew its position in Public Storage by 0.9% during the 2nd quarter. Legal & General Group Plc now owns 2,248,795 shares of the real estate investment trust's stock worth $703,134,000 after acquiring an additional 20,884 shares during the last quarter. Hedge funds and other institutional investors own 77.88% of the company's stock.

Public Storage Stock Up 0.3 %

Shares of NYSE:PSA opened at $288.56 on Thursday. The company has a market capitalization of $50.72 billion, a PE ratio of 12.28, a price-to-earnings-growth ratio of 2.22 and a beta of 0.44. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.51 and a quick ratio of 1.51. The business has a fifty day moving average price of $295.55 and a two-hundred day moving average price of $297.30. Public Storage has a 1 year low of $270.13 and a 1 year high of $421.76.

Public Storage (NYSE:PSA – Get Rating) last posted its quarterly earnings results on Tuesday, February 21st. The real estate investment trust reported $2.06 earnings per share for the quarter, missing the consensus estimate of $3.99 by ($1.93). The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.07 billion. Public Storage had a return on equity of 72.77% and a net margin of 101.60%. The firm's revenue was up 17.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.54 EPS. Analysts forecast that Public Storage will post 16.79 earnings per share for the current year.

Public Storage Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 30th. Shareholders of record on Wednesday, March 15th will be issued a $3.00 dividend. The ex-dividend date is Tuesday, March 14th. This represents a $12.00 annualized dividend and a dividend yield of 4.16%. This is a boost from Public Storage's previous quarterly dividend of $2.00. Public Storage's dividend payout ratio (DPR) is presently 34.06%.

Public Storage Company Profile

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Public Storage operates as a real estate investment trust, which engages in acquiring, developing, owning and operating self-storage facilities. It operates through the following segments: Self-storage Operations, Ancillary Operations, and Other Items. The Self-storage Operations segment reflects the rental operations from all self-storage facilities.

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