Trust Co. of Vermont Buys New Position in Public Storage $PSA

Posted by Stanley Muller on Aug 19th, 2026

Trust Co. of Vermont bought a new position in shares of Public Storage (NYSE:PSA – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,493 shares of the real estate investment trust’s stock, valued at approximately $794,000.

Several other institutional investors and hedge funds have also made changes to their positions in PSA. Knights of Columbus Asset Advisors LLC grew its stake in Public Storage by 25.3% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 18,610 shares of the real estate investment trust’s stock valued at $4,829,000 after purchasing an additional 3,763 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in Public Storage by 3.4% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 289,675 shares of the real estate investment trust’s stock worth $75,171,000 after purchasing an additional 9,618 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Public Storage by 5.3% in the 4th quarter. Principal Financial Group Inc. now owns 246,002 shares of the real estate investment trust’s stock valued at $63,838,000 after purchasing an additional 12,444 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Public Storage by 5.8% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 458,815 shares of the real estate investment trust’s stock valued at $118,576,000 after purchasing an additional 25,353 shares in the last quarter. Finally, Legal & General Group Plc boosted its stake in shares of Public Storage by 4.5% during the 4th quarter. Legal & General Group Plc now owns 1,951,779 shares of the real estate investment trust’s stock valued at $506,487,000 after buying an additional 83,916 shares during the last quarter. 78.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Nathaniel A. Vitan sold 1,414 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $327.53, for a total value of $463,127.42. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 11.10% of the company’s stock.

Public Storage Trading Down 0.1%

Public Storage stock opened at $323.95 on Wednesday. Public Storage has a 1 year low of $256.54 and a 1 year high of $335.55. The firm’s 50-day moving average is $322.44 and its 200-day moving average is $305.43. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.66 and a current ratio of 0.66. The company has a market cap of $56.89 billion, a P/E ratio of 30.91, a PEG ratio of 3.84 and a beta of 0.96.

Public Storage (NYSE:PSA – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The real estate investment trust reported $4.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.53 by $1.64. Public Storage had a net margin of 41.80% and a return on equity of 40.98%. The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the firm earned $4.28 EPS. The company’s revenue for the quarter was down .5% compared to the same quarter last year. Public Storage has set its FY 2026 guidance at 16.750-17.050 EPS. On average, equities analysts expect that Public Storage will post 16.93 earnings per share for the current year.

Public Storage Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 15th will be given a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Tuesday, September 15th. Public Storage’s dividend payout ratio is presently 114.50%.

Analyst Upgrades and Downgrades

PSA has been the subject of a number of recent analyst reports. Wall Street Zen raised shares of Public Storage from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Mizuho upped their price target on shares of Public Storage from $301.00 to $316.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Truist Financial increased their price objective on shares of Public Storage from $302.00 to $338.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Raymond James Financial started coverage on shares of Public Storage in a report on Thursday, July 16th. They set a “market perform” rating for the company. Finally, Weiss Ratings raised shares of Public Storage from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, June 12th. Seven research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $326.11.

Get Our Latest Analysis on PSA

Public Storage Company 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.