VIRGINIA RETIREMENT SYSTEMS ET Al Acquires 8,480 Shares of Public Storage $PSA

Posted by Stanley Muller on Oct 31st, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its holdings in shares of Public Storage (NYSE:PSA – Free Report) by 3.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 236,337 shares of the real estate investment trust’s stock after purchasing an additional 8,480 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Public Storage were worth $66,846,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Founders Financial Securities LLC grew its holdings in shares of Public Storage by 2.3% in the third quarter. Founders Financial Securities LLC now owns 9,357 shares of the real estate investment trust’s stock valued at $2,647,000 after purchasing an additional 213 shares in the last quarter. Choreo LLC increased its stake in Public Storage by 80.7% during the 3rd quarter. Choreo LLC now owns 3,926 shares of the real estate investment trust’s stock worth $1,123,000 after buying an additional 1,753 shares during the period. Childress Capital Advisors LLC lifted its holdings in Public Storage by 214.3% during the 3rd quarter. Childress Capital Advisors LLC now owns 2,335 shares of the real estate investment trust’s stock worth $660,000 after buying an additional 1,592 shares in the last quarter. North Dakota State Investment Board lifted its holdings in Public Storage by 9.6% during the 3rd quarter. North Dakota State Investment Board now owns 5,145 shares of the real estate investment trust’s stock worth $1,455,000 after buying an additional 449 shares in the last quarter. Finally, Sigma Investment Counselors Inc. lifted its holdings in Public Storage by 9.9% during the 3rd quarter. Sigma Investment Counselors Inc. now owns 9,696 shares of the real estate investment trust’s stock worth $2,742,000 after buying an additional 876 shares in the last quarter. Institutional investors and hedge funds own 78.79% of the company’s stock.

Insider Activity

In other news, insider Nathaniel A. Vitan sold 1,414 shares of Public Storage stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $327.53, for a total transaction of $463,127.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 11.10% of the company’s stock.

Public Storage Stock Up 2.5%

PSA stock opened at $324.95 on Friday. The company’s 50 day moving average price is $298.85 and its 200 day moving average price is $302.79. The firm has a market capitalization of $60.71 billion, a price-to-earnings ratio of 34.03, a PEG ratio of 4.73 and a beta of 0.94. Public Storage has a fifty-two week low of $256.54 and a fifty-two week high of $335.55. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.66 and a current ratio of 1.00.

Public Storage (NYSE:PSA – Get Free Report) last issued its quarterly earnings results on Monday, October 26th. The real estate investment trust reported $1.69 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.49 by ($0.80). Public Storage had a return on equity of 29.93% and a net margin of 37.76%. The firm had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same quarter in the prior year, the firm earned $4.31 EPS. The firm’s revenue was up .5% compared to the same quarter last year. On average, equities research analysts anticipate that Public Storage will post 16.95 EPS for the current fiscal year.

Public Storage Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Tuesday, September 15th were given a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Tuesday, September 15th. Public Storage’s payout ratio is 125.65%.

Analyst Ratings Changes

Several brokerages have commented on PSA. Evercore set a $308.00 price target on shares of Public Storage in a research report on Monday, September 21st. JPMorgan Chase & Co. reduced their price objective on Public Storage from $338.00 to $330.00 and set a “neutral” rating on the stock in a research note on Monday, September 21st. Wall Street Zen cut Public Storage from a “hold” rating to a “sell” rating in a research note on Saturday. Truist Financial assumed coverage on Public Storage in a report on Friday, October 2nd. They issued a “buy” rating and a $317.00 target price for the company. Finally, Barclays boosted their target price on Public Storage from $350.00 to $351.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 10th. Seven analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $323.68.

Read Our Latest Analysis on PSA

Public Storage Company Profile

(Free Report)

Public Storage (NYSE: PSA) is a real estate investment trust focused on the ownership, operation and development of self-storage facilities. The company rents storage units to residential and business customers, offering solutions for household belongings, commercial inventory, records, vehicles and other personal property. Many locations provide features such as climate-controlled units, electronic access, online reservations and moving and packing supplies.

Founded in 1972, Public Storage has grown into one of the largest self-storage operators in the United States.