Silverlake Wealth Management LLC Takes $798,000 Position in Public Storage $PSA

Posted by George Bondi on Aug 16th, 2026

Silverlake Wealth Management LLC acquired a new position in Public Storage (NYSE:PSA – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 2,506 shares of the real estate investment trust’s stock, valued at approximately $798,000.

A number of other hedge funds have also recently made changes to their positions in the business. V Square Quantitative Management LLC raised its stake in Public Storage by 2.2% during the 1st quarter. V Square Quantitative Management LLC now owns 1,546 shares of the real estate investment trust’s stock valued at $419,000 after purchasing an additional 34 shares during the period. Gryphon Financial Partners LLC boosted its stake in Public Storage by 2.6% in the 1st quarter. Gryphon Financial Partners LLC now owns 1,423 shares of the real estate investment trust’s stock worth $385,000 after purchasing an additional 36 shares during the period. Meiji Yasuda Asset Management Co Ltd. boosted its stake in Public Storage by 1.7% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 2,215 shares of the real estate investment trust’s stock worth $575,000 after purchasing an additional 37 shares during the period. Raiffeisen Bank International AG grew its holdings in Public Storage by 35.2% during the 4th quarter. Raiffeisen Bank International AG now owns 142 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 37 shares in the last quarter. Finally, Chesapeake Capital Corp IL grew its holdings in Public Storage by 1.3% during the 2nd quarter. Chesapeake Capital Corp IL now owns 2,994 shares of the real estate investment trust’s stock valued at $953,000 after buying an additional 38 shares in the last quarter. Institutional investors own 78.79% of the company’s stock.

Insiders Place Their Bets

In related news, insider Nathaniel A. Vitan sold 1,414 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $327.53, for a total transaction of $463,127.42. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 11.10% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on PSA. UBS Group lifted their price objective on shares of Public Storage from $314.00 to $326.00 and gave the company a “neutral” rating in a research report on Friday, July 10th. The Goldman Sachs Group restated a “buy” rating and set a $341.00 target price on shares of Public Storage in a research report on Wednesday, April 29th. Royal Bank Of Canada raised their target price on shares of Public Storage from $305.00 to $318.00 and gave the company a “sector perform” rating in a research note on Friday, July 31st. Mizuho lifted their price target on shares of Public Storage from $301.00 to $316.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Finally, Jefferies Financial Group boosted their price target on shares of Public Storage from $350.00 to $355.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Seven equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $326.05.

Check Out Our Latest Stock Report on Public Storage

Public Storage Stock Performance

NYSE PSA opened at $325.99 on Friday. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.66 and a quick ratio of 0.66. Public Storage has a 1-year low of $256.54 and a 1-year high of $335.55. The business has a 50 day simple moving average of $322.15 and a two-hundred day simple moving average of $304.57. The stock has a market capitalization of $57.25 billion, a PE ratio of 31.11, a P/E/G ratio of 3.84 and a beta of 0.96.

Public Storage (NYSE:PSA – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $4.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.53 by $1.64. The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Public Storage had a return on equity of 40.98% and a net margin of 41.80%.The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the prior year, the firm earned $4.28 EPS. Public Storage has set its FY 2026 guidance at 16.750-17.050 EPS. On average, research analysts predict that Public Storage will post 16.93 EPS for the current fiscal year.

Public Storage Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Tuesday, September 15th will be given a $3.00 dividend. This represents a $12.00 annualized dividend and a yield of 3.7%. The ex-dividend date is Tuesday, September 15th. Public Storage’s payout ratio is currently 114.50%.

Public Storage Company 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.