Focused Alpha LLC Acquires Shares of 1,833 Public Storage $PSA

Posted by Stanley Muller on Aug 18th, 2026

Focused Alpha LLC bought a new position in shares of Public Storage (NYSE:PSA – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,833 shares of the real estate investment trust’s stock, valued at approximately $584,000.

A number of other large investors have also recently modified their holdings of the business. Bayban bought a new position in shares of Public Storage in the 4th quarter valued at $26,000. Harvest Fund Management Co. Ltd acquired a new stake in Public Storage in the third quarter valued at about $27,000. Bruce G. Allen Investments LLC boosted its stake in Public Storage by 89.6% in the second quarter. Bruce G. Allen Investments LLC now owns 91 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 43 shares in the last quarter. Wealth Watch Advisors INC bought a new position in Public Storage in the third quarter valued at about $34,000. Finally, Raiffeisen Bank International AG grew its position in Public Storage by 35.2% in the fourth quarter. Raiffeisen Bank International AG now owns 142 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 37 shares during the last quarter. Institutional investors and hedge funds own 78.79% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on PSA. Jefferies Financial Group increased their target price on shares of Public Storage from $350.00 to $355.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. 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. Scotiabank upped their price objective on shares of Public Storage from $342.00 to $345.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 8th. Evercore set a $316.00 price objective on shares of Public Storage in a research note on Monday, July 6th. Finally, Wall Street Zen upgraded shares of Public Storage from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Seven equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $326.05.

Check Out Our Latest Report on Public Storage

Insider Buying and Selling

In related news, insider Nathaniel A. Vitan sold 1,414 shares of Public Storage stock in a transaction that occurred 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 can be accessed through this link. 11.10% of the stock is currently owned by corporate insiders.

Public Storage Price Performance

Shares of PSA opened at $324.34 on Tuesday. Public Storage has a 12-month low of $256.54 and a 12-month high of $335.55. The business has a 50-day simple moving average of $322.41 and a two-hundred day simple moving average of $305.08. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.06. The stock has a market cap of $56.96 billion, a PE ratio of 30.95, a PEG ratio of 3.84 and a beta of 0.96.

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

Public Storage Announces Dividend

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

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.