Gulf International Bank UK Ltd now owns 46,110 shares of the real estate investment trust's stock valued at $10,093,000 after buying an additional 600 shares in the last quarter. US Bancorp DE's holdings in Life Storage were worth $964,000 at the end of the most recent quarter.
Several other hedge funds have also added to or reduced their stakes in the stock. CENTRAL TRUST Co increased its stake in shares of Public Storage by 41.3% in the second quarter. The Gofen & Glossberg Llc holds 47,190 shares with $10.55 million value, up from 42,183 last quarter. Finally, Capital Management Corp VA increased its stake in shares of Life Storage by 0.8% in the second quarter. BlackRock Inc. now owns 11,742,847 shares of the real estate investment trust's stock valued at $873,550,000 after buying an additional 11,264,744 shares during the last quarter.
As of quarter end Schroder Investment Management Group had acquired 17,604 shares growing its stake by 28.7%. BB&T Securities LLC now owns 7,089 shares of the real estate investment trust's stock worth $525,000 after buying an additional 228 shares in the last quarter. Merriman Wealth Management LLC now owns 1,915 shares of the real estate investment trust's stock worth $419,000 after buying an additional 5 shares during the last quarter. Creative Planning boosted its stake in Life Storage by 2.6% in the first quarter. Mascoma Wealth Management LLC now owns 456 shares of the real estate investment trust's stock worth $100,000 after buying an additional 256 shares in the last quarter. (NYSE LSI) traded down 0.27% during midday trading on Thursday, hitting $72.77. The company's stock had a trading volume of 120,298 shares. Life Storage, has a 1 year low of $69.00 has a 1 year high of $95.05. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. The stock has a market cap of $34.95 billion, a price-to-earnings ratio of 28.66 and a beta of 0.41.
Extra Space Storage (NYSE:EXR) last posted its earnings results on Tuesday, August 1st. Life Storage had a net margin of 15.72% and a return on equity of 3.68%. The company had revenue of $624.20 million during the quarter, compared to analyst estimates of $626.27 million. During the same quarter previous year, the business posted $2.40 earnings per share. The business's revenue was up 24.1% compared to the same quarter previous year. Next quarter's EPS is forecasted at $2.01 with next year's EPS anticipated to be $7.88. If you are accessing this report on another site, it was stolen and republished in violation of United States & worldwide copyright & trademark law. If you are reading this report on another domain, it was illegally stolen and republished in violation of US and global trademark & copyright legislation. Sumitomo Mitsui Asset Management Company LTD boosted its position in Public Storage by 83.6% in the first quarter.
A number of research analysts recently issued reports on PSA shares. Zacks Investment Research cut Life Storage from a "hold" rating to a "sell" rating in a research note on Monday, April 24th. Jefferies Group LLC restated a "hold" rating and set a $222.00 price objective on shares of Public Storage in a research report on Friday, July 14th. Barclays Capital maintained Public Storage (NYSE:PSA) on Tuesday, July 18 with "Equal-Weight" rating. Finally, Bank of America Corporation dropped their target price on Public Storage from $222.00 to $218.00 and set a "neutral" rating for the company in a report on Thursday, July 20th. 1 investment expert has recommended the share with a sell recommendation, twelve have published a hold recommendation and two have issued a buy recommendation to the firms shares. the share has a average recommendation of "Hold" and an average price target of $85.00. The company now has an average rating of "Hold" and an average target price of $221.64.
Simon Property Group Inc The firm owned 12,689 shares of the real estate investment trust's stock after selling 100 shares during the period. Mcf Ltd Limited Liability Company has invested 0% of its portfolio in Simon Property Group Inc (NYSE:SPG).
In other Public Storage news, Director Ronald P. Spogli bought 2,000 shares of the company's stock in a transaction on Thursday, August 3rd. Institutional investors own 78.87% of the company's stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
In other news, insider John Reyes sold 60,000 shares of the company's stock in a transaction dated Tuesday, June 13th. The stock was purchased at an average price of $200.59 per share, with a total value of $401,180.00.
About 202,488 shares traded. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 63,900 shares of company stock worth $4,957,788.
Public Storage is a real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops self-storage properties located throughout the United States.
The FAA will investigate and the National Transportation Safety Board will determine the probable cause of the crash. A small plane has crashed in western CT , killing one person and injuring two others.
Below you can see an in-depth breakdown of the jerseys, as well as a comparison to Houston's previous home and road jerseys. There will be four different jerseys for each team, with the other two editions to be revealed in the fall.
Under the state Act of 1976, there was a ban on cow slaughter and possession and consumption of the meat. The police will also be able to enter people's homes to carry out searches, reported Times of India .
Lord is a former Reagan administration staffer who is now a columnist for the conservative magazine The American Spectator . He even spoke to CNN's Brian Stelter on Thursday after he was sacked to say that he still loved the network.
With 812,800 avg volume, 3 days are for Caretrust Reit Incorporated (NASDAQ:CTRE)'s short sellers to cover CTRE's short positions. The company reported $1.03 earnings per share for the quarter, missing analysts' consensus estimates of $1.66 by $0.63.
Out of respect they came and did that, and we would like to think because of the answer they got they would respect our position'. It has frustrated a lot of people but I don't anticpate we will have any last minute problems.
The institutional investor owned 107,697 shares of the real estate investment trust's stock at the end of the second quarter. Abbott Labs (NYSE:ABT) was raised too. 1,000 shares valued at $30,635 were bought by Cogut Charles I on Wednesday, May 10.
It's something that motivates me and makes me work harder every day. "Matic knows very well what I think about him", he said . The Premier League legend said on BBC Sport: " Chelsea I do sense, there is something brewing there, which isn't nice".
Primark have been smashing the themed collections in recent months, with Beauty And The Beast merchandise selling the fastest. If you're a diehard Harry Potter fan, or you just love a new set of PJs then you're guaranteed be totally obsessed.
Legato Capital Management LLC acquired a new position in shares of Oclaro during the second quarter worth approximately $417,000. The semiconductor company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.03.
Masahiro Tanaka gave up three runs, two earned, on two hits while walking five and striking out a pair over four innings of work. But Happ, Sanchez and since-traded Francisco Liriano have all spent significant and momentum-stunting time on the disabled list.
Chile's Medel to join Besiktas from Inter
Medel joins Besiktas along with a huge wealth of other talent as the club look to continue their domination of Turkish football. The video reveals new signing Jeremain Lens calling a "middle man" in his attempts to bring Medel into the club.
Jimmy Kimmel's update on his newborn son's health
Despite the progress, Kimmel revealed that Billy will still have to undergo two more open heart surgeries. At that point, I knew there was nothing I could do. "I would love to talk to him about this", Kimmel said.
Advanced Micro Devices Inc
Trexquant Investment LP purchased a new stake in Advanced Micro Devices during the first quarter worth approximately $706,000. Chicago Equity Partners Llc increased Ebix Inc (NASDAQ:EBIX) stake by 5,940 shares to 23,395 valued at $1.34M in 2016Q4.
Intel promises a fleet of 100 autonomous cars this year
Intel will be using different brands and vehicle types for its tests to help demonstrate the "agnostic nature" of this technology. BMW , Nissan , and Volkswagen vehicles are likely test mules, because those carmakers already have a relationship with Mobileye .
Enterprise Products Partners LP
It dropped, as 46 investors sold EPD shares while 258 reduced holdings. 116 funds opened positions while 609 raised stakes. Ameriprise Financial Inc. increased its stake in shares of Enterprise Products Partners L.P.by 38.0% in the first quarter.