Kestra Investment Management LLC Makes New Investment in Public Storage $PSA

Posted by Francis Steltz on Nov 12th, 2026

Kestra Investment Management LLC purchased a new stake in Public Storage (NYSE:PSA – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,612 shares of the real estate investment trust’s stock, valued at approximately $456,000.

Other institutional investors have also recently made changes to their positions in the company. Hsbc Holdings PLC acquired a new position in Public Storage during the 2nd quarter valued at about $195,808,000. Nykredit A S purchased a new stake in shares of Public Storage during the 2nd quarter worth approximately $17,378,000. PensionDanmark Pensionsforsikringsaktieselskab grew its holdings in Public Storage by 15.6% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 26,610 shares of the real estate investment trust’s stock valued at $8,470,000 after purchasing an additional 3,588 shares during the period. Greenland Capital Management LP grew its holdings in Public Storage by 300.0% during the second quarter. Greenland Capital Management LP now owns 6,600 shares of the real estate investment trust’s stock valued at $2,101,000 after purchasing an additional 4,950 shares during the period. Finally, Benjamin Edwards Inc. raised its stake in shares of Public Storage by 25.3% in the second quarter. Benjamin Edwards Inc. now owns 16,577 shares of the real estate investment trust’s stock valued at $5,277,000 after buying an additional 3,343 shares during the period. Institutional investors and hedge funds own 78.79% of the company’s stock.

Public Storage Trading Down 0.2%

NYSE PSA opened at $335.38 on Thursday. Public Storage has a twelve month low of $256.54 and a twelve month high of $345.89. The stock’s 50 day moving average is $302.31 and its 200 day moving average is $304.77. The firm has a market capitalization of $62.66 billion, a PE ratio of 35.12, a P/E/G ratio of 4.97 and a beta of 0.89. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.16.

Public Storage (NYSE:PSA – Get Free Report) last posted its quarterly earnings results on Monday, October 26th. The real estate investment trust reported $1.69 EPS for the quarter, missing analysts’ consensus estimates of $2.49 by ($0.80). The firm had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.34 billion. Public Storage had a net margin of 37.76% and a return on equity of 29.93%. The company’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $4.31 EPS. Research analysts forecast that Public Storage will post 16.97 earnings per share for the current fiscal year.

Public Storage Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 8th. Shareholders of record on Tuesday, December 15th will be issued a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, December 15th. Public Storage’s dividend payout ratio is currently 125.65%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on PSA. Wall Street Zen cut Public Storage from a “hold” rating to a “sell” rating in a research report on Saturday, October 31st. Barclays raised their price target on shares of Public Storage from $350.00 to $351.00 and gave the company an “equal weight” rating in a report on Thursday, September 10th. Truist Financial initiated coverage on shares of Public Storage in a research report on Friday, October 2nd. They set a “buy” rating and a $317.00 price target for the company. Wells Fargo & Company set a $311.00 price target on shares of Public Storage in a report on Tuesday, September 1st. Finally, Weiss Ratings lowered Public Storage from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, October 8th. Seven research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $325.79.

View Our Latest Stock Analysis on PSA

Public Storage Profile

(Free Report)

Public Storage is a real estate investment trust that owns and operates self-storage facilities. Its properties offer individuals and businesses rental storage units in a range of sizes for household goods, business inventory, and other belongings. The company also provides related services, including storage protection plans. Founded in 1972, Public Storage has grown into a major self-storage provider in the United States, with facilities serving customers across the country. Its business also has a connection to Europe through its investment in Shurgard Self Storage, which operates self-storage properties in several European markets.