Julius Baer & Co.苏黎世有限公司在公共存储领域拥有98,000美元的股票头寸（纽约证券交易所代码：PSA）|苏黎世_新浪财经

Bank Julius Baer & Co. Ltd Zurich decreased its position in shares of Public Storage (NYSE:PSA – Get Rating) by 50.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 350 shares of the real estate investment trust's stock after selling 352 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich's holdings in Public Storage were worth $98,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. HHM Wealth Advisors LLC boosted its position in shares of Public Storage by 65.6% during the third quarter. HHM Wealth Advisors LLC now owns 101 shares of the real estate investment trust's stock valued at $30,000 after buying an additional 40 shares during the last quarter. Private Ocean LLC purchased a new position in Public Storage in the third quarter valued at approximately $31,000. Armstrong Advisory Group Inc. bought a new position in Public Storage during the fourth quarter valued at $33,000. Ronald Blue Trust Inc. purchased a new stake in Public Storage in the second quarter worth $37,000. Finally, Old North State Trust LLC purchased a new stake in Public Storage in the third quarter worth $42,000. 77.88% of the stock is owned by institutional investors and hedge funds.

Get

Public Storage

alerts:

Public Storage Stock Down 0.3 %

PSA stock opened at $307.26 on Thursday. The stock has a 50-day simple moving average of $297.57 and a two-hundred day simple moving average of $293.30. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $54.00 billion, a PE ratio of 13.08, a PEG ratio of 3.05 and a beta of 0.45. Public Storage has a twelve month low of $270.13 and a twelve month high of $421.76.

Public Storage (NYSE:PSA – Get Rating) last released its quarterly earnings results on Tuesday, February 21st. The real estate investment trust reported $2.06 EPS for the quarter, missing analysts' consensus estimates of $3.99 by ($1.93). The firm had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.07 billion. Public Storage had a net margin of 101.60% and a return on equity of 72.77%. The firm's revenue for the quarter was up 17.8% on a year-over-year basis. During the same quarter last year, the firm earned $3.54 earnings per share. On average, equities analysts predict that Public Storage will post 16.79 EPS for the current fiscal year.

Public Storage Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 30th. Investors of record on Wednesday, March 15th were given a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date was Tuesday, March 14th. This is a boost from Public Storage's previous quarterly dividend of $2.00. Public Storage's dividend payout ratio (DPR) is presently 51.09%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on PSA. StockNews.com started coverage on Public Storage in a report on Thursday, March 16th. They issued a "hold" rating for the company. Raymond James downgraded shares of Public Storage from an "outperform" rating to a "market perform" rating in a research note on Monday, January 9th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $362.40.

Public Storage Company Profile

(Get Rating)

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.