Public Storage $PSA Shares Sold by Moran Wealth Management LLC

Posted by Brenda Bartman on Jul 7th, 2026

Moran Wealth Management LLC reduced its stake in Public Storage (NYSE:PSA – Free Report) by 32.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,952 shares of the real estate investment trust’s stock after selling 1,878 shares during the quarter. Moran Wealth Management LLC’s holdings in Public Storage were worth $1,071,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Knights of Columbus Asset Advisors LLC lifted its stake in shares of Public Storage by 25.3% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 18,610 shares of the real estate investment trust’s stock worth $4,829,000 after acquiring an additional 3,763 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Public Storage by 5.8% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 458,815 shares of the real estate investment trust’s stock worth $118,576,000 after acquiring an additional 25,353 shares during the period. Nomura Asset Management Co. Ltd. increased its stake in shares of Public Storage by 3.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 289,675 shares of the real estate investment trust’s stock worth $75,171,000 after acquiring an additional 9,618 shares during the period. Principal Financial Group Inc. raised its holdings in Public Storage by 5.3% during the fourth quarter. Principal Financial Group Inc. now owns 246,002 shares of the real estate investment trust’s stock worth $63,838,000 after purchasing an additional 12,444 shares in the last quarter. Finally, Swiss Life Asset Management Ltd raised its holdings in Public Storage by 16.0% during the third quarter. Swiss Life Asset Management Ltd now owns 34,448 shares of the real estate investment trust’s stock worth $9,950,000 after purchasing an additional 4,762 shares in the last quarter. Institutional investors and hedge funds own 78.79% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on PSA. Evercore set a $316.00 target price on Public Storage in a research report on Monday. UBS Group reissued a “neutral” rating on shares of Public Storage in a report on Monday, June 22nd. Truist Financial lifted their price target on Public Storage from $302.00 to $338.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. BNP Paribas Exane increased their price objective on Public Storage from $331.00 to $335.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $341.00 target price on shares of Public Storage in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, Public Storage has a consensus rating of “Hold” and a consensus price target of $324.58.

Get Our Latest Stock Analysis on Public Storage

Insider Buying and Selling at Public Storage

In other news, insider Nathaniel A. Vitan sold 950 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was 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 trade represents a 40.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 11.10% of the stock is currently owned by corporate insiders.

Public Storage Price Performance

Public Storage stock traded up $5.95 during mid-day trading on Tuesday, reaching $329.95. The company had a trading volume of 47,664 shares, compared to its average volume of 1,109,167. The stock’s 50-day simple moving average is $310.97 and its 200-day simple moving average is $294.03. Public Storage has a 1 year low of $256.54 and a 1 year high of $331.79. 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 company has a market capitalization of $57.92 billion, a P/E ratio of 33.99, a P/E/G ratio of 4.43 and a beta of 0.96.

Public Storage (NYSE:PSA – Get Free Report) last released its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $2.71 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the prior year, the firm posted $4.12 EPS. The company’s revenue was down .1% compared to the same quarter last year. Public Storage has set its FY 2026 guidance at 16.350-17.000 EPS. On average, equities analysts predict that Public Storage will post 16.94 EPS for the current year.

Public Storage Announces Dividend

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

About Public Storage

(Free Report)

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.