Landscape Capital Management L.L.C. Reduces Stock Position in Public Storage $PSA

Posted by Francis Steltz on Jun 16th, 2026

Landscape Capital Management L.L.C. decreased its holdings in Public Storage (NYSE:PSA – Free Report) by 56.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 8,080 shares of the real estate investment trust’s stock after selling 10,520 shares during the period. Landscape Capital Management L.L.C.’s holdings in Public Storage were worth $2,097,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PSA. Norges Bank purchased a new stake in Public Storage in the 4th quarter valued at about $1,163,751,000. Capital International Investors grew its holdings in Public Storage by 821.4% in the 4th quarter. Capital International Investors now owns 4,134,996 shares of the real estate investment trust’s stock valued at $1,073,032,000 after buying an additional 3,686,211 shares during the period. Vanguard Group Inc. grew its holdings in Public Storage by 9.9% in the 4th quarter. Vanguard Group Inc. now owns 25,343,098 shares of the real estate investment trust’s stock valued at $6,576,534,000 after buying an additional 2,274,397 shares during the period. First Trust Advisors LP grew its holdings in Public Storage by 287.7% in the 4th quarter. First Trust Advisors LP now owns 721,588 shares of the real estate investment trust’s stock valued at $187,252,000 after buying an additional 535,465 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Public Storage by 498.7% in the 2nd quarter. AQR Capital Management LLC now owns 578,491 shares of the real estate investment trust’s stock valued at $166,970,000 after buying an additional 481,872 shares during the period. Hedge funds and other institutional investors own 78.79% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the company. William Blair set a $305.00 price target on Public Storage in a report on Monday, March 16th. BNP Paribas Exane lifted their price target on Public Storage from $331.00 to $335.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Royal Bank Of Canada lifted their price target on Public Storage from $301.00 to $305.00 and gave the company a “sector perform” rating in a report on Wednesday, April 29th. Mizuho lifted their price target on Public Storage from $301.00 to $316.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Finally, JPMorgan Chase & Co. lifted their price target on Public Storage from $291.00 to $338.00 and gave the company a “neutral” rating in a report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $321.22.

Check Out Our Latest Research Report on PSA

Public Storage Stock Performance

NYSE PSA opened at $321.18 on Tuesday. The firm has a market capitalization of $56.38 billion, a P/E ratio of 33.15, a P/E/G ratio of 4.44 and a beta of 0.98. Public Storage has a 1-year low of $256.54 and a 1-year high of $331.79. The company has a debt-to-equity ratio of 2.02, a current ratio of 0.56 and a quick ratio of 0.56. The business’s 50-day simple moving average is $304.14 and its 200-day simple moving average is $289.24.

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

Public Storage Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $3.00 dividend. This represents a $12.00 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Monday, June 15th. Public Storage’s payout ratio is currently 123.84%.

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.