Cbre Investment Management Listed Real Assets LLC Sells 951,134 Shares of Extra Space Storage Inc $EXR

Posted by George Bondi on Jun 3rd, 2026

Cbre Investment Management Listed Real Assets LLC cut its holdings in shares of Extra Space Storage Inc (NYSE:EXR – Free Report) by 74.2% in the 4th quarter, HoldingsChannel reports. The fund owned 330,346 shares of the real estate investment trust’s stock after selling 951,134 shares during the period. Cbre Investment Management Listed Real Assets LLC’s holdings in Extra Space Storage were worth $43,018,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in EXR. Avalon Trust Co bought a new stake in shares of Extra Space Storage during the third quarter worth about $28,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Extra Space Storage during the third quarter worth about $28,000. Rosenberg Matthew Hamilton increased its position in shares of Extra Space Storage by 442.9% during the fourth quarter. Rosenberg Matthew Hamilton now owns 266 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 217 shares in the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of Extra Space Storage by 39.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 325 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 92 shares in the last quarter. Finally, Logan Capital Management Inc. increased its position in shares of Extra Space Storage by 313.7% during the third quarter. Logan Capital Management Inc. now owns 302 shares of the real estate investment trust’s stock worth $43,000 after acquiring an additional 229 shares in the last quarter. 99.11% of the stock is owned by institutional investors.

Analysts Set New Price Targets

EXR has been the subject of several recent research reports. JPMorgan Chase & Co. boosted their target price on shares of Extra Space Storage from $142.00 to $144.00 and gave the stock a “neutral” rating in a research report on Monday, March 23rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Extra Space Storage in a research report on Tuesday, April 21st. BNP Paribas Exane raised shares of Extra Space Storage from a “neutral” rating to an “outperform” rating and set a $154.00 price objective for the company in a research report on Wednesday, March 18th. Truist Financial reduced their price objective on shares of Extra Space Storage from $158.00 to $150.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Finally, Scotiabank upped their price objective on shares of Extra Space Storage from $145.00 to $156.00 and gave the stock a “sector perform” rating in a research report on Monday, March 2nd. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $152.29.

Get Our Latest Research Report on Extra Space Storage

Extra Space Storage Stock Down 2.7%

EXR opened at $140.39 on Tuesday. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.93. The stock has a market cap of $29.66 billion, a price-to-earnings ratio of 31.48, a PEG ratio of 4.69 and a beta of 1.20. Extra Space Storage Inc has a twelve month low of $125.71 and a twelve month high of $155.19. The company’s 50-day moving average price is $139.34 and its two-hundred day moving average price is $138.53.

Extra Space Storage (NYSE:EXR – Get Free Report) last released its earnings results on Tuesday, April 28th. The real estate investment trust reported $1.14 earnings per share for the quarter, missing analysts’ consensus estimates of $2.01 by ($0.87). The company had revenue of $856.03 million during the quarter, compared to analysts’ expectations of $851.35 million. Extra Space Storage had a net margin of 27.66% and a return on equity of 6.65%. The firm’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.00 earnings per share. Extra Space Storage has set its FY 2026 guidance at 8.050-8.350 EPS. As a group, equities analysts expect that Extra Space Storage Inc will post 8.23 earnings per share for the current year.

Extra Space Storage Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Monday, June 15th. Extra Space Storage’s payout ratio is presently 145.29%.

Insiders Place Their Bets

In other Extra Space Storage news, CEO Joseph D. Margolis sold 7,500 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $142.08, for a total value of $1,065,600.00. Following the transaction, the chief executive officer directly owned 66,495 shares in the company, valued at $9,447,609.60. The trade was a 10.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.96% of the stock is currently owned by insiders.

Extra Space Storage Company Profile

(Free Report)

Extra Space Storage (NYSE: EXR) is a real estate investment trust that specializes in the ownership, development and operation of self-storage properties. The company provides storage solutions for residential and commercial customers, offering a range of unit sizes, climate-controlled units and specialized options such as vehicle and boat storage. Extra Space Storage markets itself as a customer-focused operator, with online rentals, contactless move-in options and ancillary retail products like packing supplies and insurance to support tenant needs.

Its business model combines property ownership with third-party management and development activities.