惠提尔信托公司收购299股公共存储股份（纽约证券交易所代码：PSA）_新浪财经

Whittier Trust Co. increased its holdings in Public Storage (NYSE:PSA – Get Rating) by 21.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,683 shares of the real estate investment trust's stock after purchasing an additional 299 shares during the quarter. Whittier Trust Co.'s holdings in Public Storage were worth $472,000 as of its most recent filing with the Securities & Exchange Commission.

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

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Wall Street Analysts Forecast Growth

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

Public Storage Stock Up 1.1 %

PSA stock opened at $310.79 on Friday. Public Storage has a fifty-two week low of $270.13 and a fifty-two week high of $421.76. The company has a market capitalization of $54.62 billion, a price-to-earnings ratio of 13.23, a price-to-earnings-growth ratio of 3.06 and a beta of 0.45. The business's 50 day moving average price is $297.84 and its two-hundred day moving average price is $293.42. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.51 and a current ratio of 1.51.

Public Storage (NYSE:PSA – Get Rating) last issued 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 during the quarter, compared to analysts' expectations of $1.07 billion. Public Storage had a return on equity of 72.77% and a net margin of 101.60%. Public Storage's revenue for the quarter was up 17.8% on a year-over-year basis. During the same period in the previous year, the company earned $3.54 earnings per share. As a group, analysts forecast that Public Storage will post 16.79 earnings per share for the current fiscal year.

Public Storage Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 30th. Investors of record on Wednesday, March 15th were paid a dividend of $3.00 per share. The ex-dividend date was Tuesday, March 14th. This represents a $12.00 annualized dividend and a yield of 3.86%. This is a positive change from Public Storage's previous quarterly dividend of $2.00. Public Storage's payout ratio is presently 51.09%.

Public Storage 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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