Healthcare of Ontario Pension Plan Trust Fund Purchases 120,897 Shares of Public Storage $PSA

Posted by Geri Gentry on Jul 26th, 2026

Healthcare of Ontario Pension Plan Trust Fund raised its holdings in shares of Public Storage (NYSE:PSA – Free Report) by 76.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 278,920 shares of the real estate investment trust’s stock after purchasing an additional 120,897 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Public Storage were worth $75,554,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Morningstar Investment Management LLC lifted its stake in shares of Public Storage by 68.0% in the first quarter. Morningstar Investment Management LLC now owns 2,430 shares of the real estate investment trust’s stock valued at $658,000 after buying an additional 984 shares in the last quarter. Compound Planning Inc. lifted its position in Public Storage by 21.3% in the 1st quarter. Compound Planning Inc. now owns 1,047 shares of the real estate investment trust’s stock valued at $284,000 after acquiring an additional 184 shares in the last quarter. Modern Wealth Management LLC lifted its position in Public Storage by 57.1% in the 1st quarter. Modern Wealth Management LLC now owns 1,637 shares of the real estate investment trust’s stock valued at $452,000 after acquiring an additional 595 shares in the last quarter. Bank of Nova Scotia boosted its stake in Public Storage by 14.2% during the 1st quarter. Bank of Nova Scotia now owns 37,245 shares of the real estate investment trust’s stock valued at $10,089,000 after purchasing an additional 4,630 shares during the last quarter. Finally, Dickmeyer Boyce Financial Management Inc. bought a new stake in Public Storage during the 1st quarter worth approximately $265,000. Institutional investors and hedge funds own 78.79% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on PSA shares. Citigroup lifted their target price on Public Storage from $325.00 to $363.00 and gave the company a “buy” rating in a research report on Tuesday, June 16th. Royal Bank Of Canada raised their price objective on Public Storage from $301.00 to $305.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 29th. The Goldman Sachs Group reiterated a “buy” rating and issued a $341.00 target price on shares of Public Storage in a research note on Wednesday, April 29th. Truist Financial increased their target price on shares of Public Storage from $302.00 to $338.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Finally, Weiss Ratings upgraded shares of Public Storage from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, June 12th. Seven investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $325.37.

View Our Latest Stock Report on Public Storage

Insider Activity

In related news, insider Nathaniel A. Vitan sold 950 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $324.81, for a total transaction of $308,569.50. Following the sale, the insider owned 1,414 shares of the company’s stock, valued at approximately $459,281.34. This represents a 40.19% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 11.10% of the company’s stock.

Public Storage Price Performance

NYSE PSA opened at $323.05 on Friday. The company has a market cap of $56.71 billion, a PE ratio of 33.34, a price-to-earnings-growth ratio of 4.34 and a beta of 0.96. Public Storage has a 52 week low of $256.54 and a 52 week high of $331.79. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 2.02. The firm’s 50-day simple moving average is $315.35 and its two-hundred day simple moving average is $299.87.

Public Storage (NYSE:PSA – Get Free Report) last announced its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $2.71 EPS for the quarter, beating analysts’ consensus estimates of $2.42 by $0.29. The company had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Public Storage had a net margin of 39.16% and a return on equity of 37.78%. Public Storage’s revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the company posted $4.12 EPS. Public Storage has set its FY 2026 guidance at 16.350-17.000 EPS. Research analysts predict that Public Storage will post 16.94 earnings per share for the current year.

Public Storage Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a $3.00 dividend. The ex-dividend date was Monday, June 15th. This represents a $12.00 annualized dividend and a dividend yield of 3.7%. Public Storage’s payout ratio is 123.84%.

Public Storage Profile

(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.