Brasada Capital Management LP Reduces Stock Position in Extra Space Storage Inc $EXR

Posted by Brenda Bartman on Jun 14th, 2026

Brasada Capital Management LP lessened its position in shares of Extra Space Storage Inc (NYSE:EXR – Free Report) by 13.7% during the 4th quarter, Holdings Channel reports. The firm owned 30,991 shares of the real estate investment trust’s stock after selling 4,913 shares during the quarter. Brasada Capital Management LP’s holdings in Extra Space Storage were worth $4,059,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the company. Aptus Capital Advisors LLC boosted its stake in shares of Extra Space Storage by 7.2% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,835 shares of the real estate investment trust’s stock worth $239,000 after buying an additional 123 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in shares of Extra Space Storage by 36.7% in the fourth quarter. Kestra Advisory Services LLC now owns 12,444 shares of the real estate investment trust’s stock worth $1,620,000 after buying an additional 3,341 shares during the last quarter. Callodine Capital Management LP boosted its stake in shares of Extra Space Storage by 1,150.0% in the fourth quarter. Callodine Capital Management LP now owns 50,000 shares of the real estate investment trust’s stock worth $6,511,000 after buying an additional 46,000 shares during the last quarter. Safe Harbor Wealth Advisors LLC purchased a new stake in shares of Extra Space Storage in the fourth quarter worth about $267,000. Finally, Public Sector Pension Investment Board boosted its stake in shares of Extra Space Storage by 18.2% in the fourth quarter. Public Sector Pension Investment Board now owns 54,082 shares of the real estate investment trust’s stock worth $7,043,000 after buying an additional 8,325 shares during the last quarter. Hedge funds and other institutional investors own 99.11% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Gwyn Goodson Mcneal sold 3,300 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $150.00, for a total value of $495,000.00. Following the completion of the transaction, the executive vice president owned 37,374 shares of the company’s stock, valued at approximately $5,606,100. This represents a 8.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.96% of the company’s stock.

Wall Street Analysts Forecast Growth

EXR has been the topic of a number of recent research reports. Royal Bank Of Canada upped their target price on Extra Space Storage from $142.00 to $153.00 and gave the stock a “sector perform” rating in a research note on Monday, February 23rd. BNP Paribas Exane upgraded Extra Space Storage from a “neutral” rating to an “outperform” rating and set a $154.00 target price on the stock in a research note on Wednesday, March 18th. UBS Group upped their target price on Extra Space Storage from $148.00 to $158.00 and gave the stock a “buy” rating in a research note on Monday, May 18th. Truist Financial lowered their target price on Extra Space Storage from $158.00 to $150.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. Finally, Barclays upped their target price on Extra Space Storage from $164.00 to $170.00 and gave the stock an “overweight” rating in a research note on Thursday, March 5th. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $152.29.

Check Out Our Latest Analysis on Extra Space Storage

Extra Space Storage Stock Performance

NYSE EXR opened at $150.33 on Friday. The stock has a market capitalization of $31.76 billion, a price-to-earnings ratio of 33.71, a PEG ratio of 4.89 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 has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.93. The stock has a 50-day moving average of $142.29 and a 200 day moving average of $139.46.

Extra Space Storage (NYSE:EXR – Get Free Report) last released its quarterly 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 business had revenue of $856.03 million during the quarter, compared to analyst estimates of $851.35 million. Extra Space Storage had a return on equity of 6.65% and a net margin of 27.66%.The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.00 EPS. Extra Space Storage has set its FY 2026 guidance at 8.050-8.350 EPS. Sell-side analysts anticipate that Extra Space Storage Inc will post 8.24 EPS for the current fiscal year.

Extra Space Storage Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $1.62 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $6.48 dividend on an annualized basis and a yield of 4.3%. Extra Space Storage’s dividend payout ratio is presently 145.29%.

About Extra Space Storage

(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.