Public Storage $PSA Shares Sold by Prudential PLC

Posted by Geri Gentry on Jun 8th, 2026

Prudential PLC trimmed its stake in shares of Public Storage (NYSE:PSA – Free Report) by 33.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,112 shares of the real estate investment trust’s stock after selling 5,147 shares during the quarter. Prudential PLC’s holdings in Public Storage were worth $2,624,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Harvest Fund Management Co. Ltd bought a new stake in Public Storage during the third quarter worth approximately $27,000. Raiffeisen Bank International AG bought a new position in Public Storage during the 3rd quarter valued at $30,000. Wealth Watch Advisors INC acquired a new position in shares of Public Storage during the 3rd quarter valued at $34,000. Knuff & Co LLC acquired a new position in shares of Public Storage during the 4th quarter valued at $38,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Public Storage by 2,940.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 152 shares of the real estate investment trust’s stock worth $39,000 after buying an additional 147 shares in the last quarter. 78.79% of the stock is owned by institutional investors and hedge funds.

Public Storage Stock Performance

Shares of NYSE PSA opened at $309.98 on Monday. The stock’s fifty day simple moving average is $298.08 and its 200 day simple moving average is $287.01. The stock has a market capitalization of $54.42 billion, a price-to-earnings ratio of 31.99, a PEG ratio of 4.22 and a beta of 0.98. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 2.02. Public Storage has a 52-week low of $256.54 and a 52-week high of $313.51.

Public Storage (NYSE:PSA – Get Free Report) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $2.71 EPS for the quarter, beating the consensus estimate of $2.42 by $0.29. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.22 billion. Public Storage had a return on equity of 37.78% and a net margin of 39.16%.Public Storage’s revenue was down .1% compared to the same quarter last year. During the same period in the prior year, the business posted $4.12 earnings per share. Public Storage has set its FY 2026 guidance at 16.350-17.000 EPS. As a group, sell-side analysts forecast that Public Storage will post 16.92 earnings per share for the current fiscal year.

Public Storage Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a $3.00 dividend. This represents a $12.00 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Monday, June 15th. Public Storage’s dividend payout ratio (DPR) is 123.84%.

Wall Street Analyst Weigh In

PSA has been the subject of several research reports. Mizuho raised their target price on Public Storage from $301.00 to $316.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. William Blair set a $305.00 price target on shares of Public Storage in a research report on Monday, March 16th. Scotiabank upped their price target on shares of Public Storage from $321.00 to $340.00 in a report on Monday, May 11th. Weiss Ratings restated a “hold (c)” rating on shares of Public Storage in a research report on Tuesday, April 21st. Finally, UBS Group boosted their target price on shares of Public Storage from $276.00 to $314.00 and gave the stock a “neutral” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $316.06.

Check Out Our Latest Stock Analysis on PSA

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.