Public Storage $PSA Stock Purchased by Sowell Financial Services LLC

Posted by George Bondi on Oct 21st, 2026

Sowell Financial Services LLC lifted its stake in shares of Public Storage (NYSE:PSA – Free Report) by 119.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,592 shares of the real estate investment trust’s stock after buying an additional 11,219 shares during the period. Sowell Financial Services LLC’s holdings in Public Storage were worth $5,824,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Public Storage during the second quarter valued at about $5,495,077,000. Dimensional Fund Advisors LP raised its holdings in Public Storage by 3.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,280,540 shares of the real estate investment trust’s stock valued at $617,720,000 after buying an additional 67,787 shares during the last quarter. Legal & General Group Plc bought a new position in Public Storage in the 2nd quarter valued at approximately $601,650,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Public Storage in the 2nd quarter valued at approximately $558,904,000. Finally, Deutsche Bank AG acquired a new stake in Public Storage during the 2nd quarter worth approximately $400,776,000. 78.79% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Public Storage

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 value of $463,127.42. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 11.10% of the company’s stock.

Wall Street Analyst Weigh In

PSA has been the topic of a number of recent analyst reports. UBS Group cut their price objective on Public Storage from $326.00 to $294.00 and set a “neutral” rating on the stock in a research note on Friday. Scotiabank lowered their price target on shares of Public Storage from $346.00 to $343.00 and set a “sector outperform” rating for the company in a report on Wednesday, September 2nd. Mizuho boosted their price target on shares of Public Storage from $316.00 to $319.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 2nd. Barclays upped their price objective on shares of Public Storage from $350.00 to $351.00 and gave the company an “equal weight” rating in a research note on Thursday, September 10th. Finally, Truist Financial started coverage on shares of Public Storage in a research note on Friday, October 2nd. They issued a “buy” rating and a $317.00 price objective on the stock. Seven research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $323.42.

Check Out Our Latest Stock Report on PSA

Public Storage Price Performance

Shares of NYSE:PSA opened at $301.81 on Wednesday. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 2.06. Public Storage has a twelve month low of $256.54 and a twelve month high of $335.55. The stock’s 50 day moving average is $300.61 and its 200-day moving average is $307.86. The firm has a market capitalization of $53.00 billion, a price-to-earnings ratio of 28.80, a PEG ratio of 4.41 and a beta of 0.94.

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

Public Storage Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 15th were given a dividend of $3.00 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $12.00 annualized dividend and a dividend yield of 4.0%. Public Storage’s dividend payout ratio (DPR) is currently 114.50%.

About Public Storage

(Free Report)

Public Storage (NYSE: PSA) is a real estate investment trust focused on the ownership, operation and development of self-storage facilities. The company rents storage units to residential and business customers, offering solutions for household belongings, commercial inventory, records, vehicles and other personal property. Many locations provide features such as climate-controlled units, electronic access, online reservations and moving and packing supplies.

Founded in 1972, Public Storage has grown into one of the largest self-storage operators in the United States.