Greenland Capital Management LP Invests $2.10 Million in Public Storage $PSA

Posted by Stanley Muller on Aug 23rd, 2026

Greenland Capital Management LP acquired a new position in Public Storage (NYSE:PSA – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,600 shares of the real estate investment trust’s stock, valued at approximately $2,101,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bayban purchased a new stake in Public Storage during the fourth quarter valued at about $26,000. Harvest Fund Management Co. Ltd bought a new position in Public Storage during the third quarter worth about $27,000. Bruce G. Allen Investments LLC increased its stake in shares of Public Storage by 89.6% in the second quarter. Bruce G. Allen Investments LLC now owns 91 shares of the real estate investment trust’s stock worth $29,000 after purchasing an additional 43 shares in the last quarter. Wealth Watch Advisors INC purchased a new position in shares of Public Storage in the third quarter worth about $34,000. Finally, Meeder Asset Management Inc. bought a new stake in shares of Public Storage in the second quarter valued at approximately $36,000. 78.79% of the stock is currently owned by institutional investors.

Public Storage Trading Up 0.0%

Public Storage stock opened at $322.76 on Friday. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.66 and a current ratio of 0.66. Public Storage has a fifty-two week low of $256.54 and a fifty-two week high of $335.55. The stock has a market cap of $56.68 billion, a P/E ratio of 30.80, a PEG ratio of 3.80 and a beta of 0.96. The firm’s fifty day moving average price is $322.35 and its 200-day moving average price is $306.22.

Public Storage (NYSE:PSA – Get Free Report) last posted its earnings results on Wednesday, July 29th. The real estate investment trust reported $4.17 EPS for the quarter, topping the consensus estimate of $2.53 by $1.64. The business had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Public Storage had a return on equity of 40.98% and a net margin of 41.80%.The firm’s revenue was down .5% on a year-over-year basis. During the same period in the previous year, the business earned $4.28 earnings per share. Public Storage has set its FY 2026 guidance at 16.750-17.050 EPS. Equities research analysts forecast that Public Storage will post 16.93 earnings per share for the current fiscal year.

Public Storage Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts recently commented on PSA shares. Raymond James Financial began coverage on shares of Public Storage in a research note on Thursday, July 16th. They set a “market perform” rating on the stock. Royal Bank Of Canada boosted their target price on shares of Public Storage from $305.00 to $318.00 and gave the company a “sector perform” rating in a report on Friday, July 31st. Truist Financial increased their target price on Public Storage from $302.00 to $338.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $341.00 price target on shares of Public Storage in a report on Wednesday, April 29th. Finally, Evercore set a $316.00 price target on Public Storage in a research report on Monday, July 6th. Seven analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Public Storage currently has a consensus rating of “Hold” and an average target price of $326.16.

Get Our Latest Stock Report on PSA

Insiders Place Their Bets

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 shares were 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 available through this link. 11.10% of the stock is owned by corporate insiders.

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.