Public Storage $PSA Shares Sold by Banque Cantonale Vaudoise
Banque Cantonale Vaudoise significantly reduced its stake in Public Storage (NYSE:PSA) by 47.9% in the fourth quarter, selling 3,340 shares. Despite this, other major institutional investors like Vanguard and JPMorgan Chase increased their holdings, with institutions and hedge funds collectively owning 78.79% of the shares. Public Storage reported strong quarterly earnings and maintained its FY2026 EPS guidance, while analysts currently rate the stock as a "Hold" with a consensus target price of $314.33.
MAY 23·KGW▼
Police: At least 6 Northeast Portland storage units burglarized
Police in Portland are investigating after at least six storage units at a Public Storage facility in Northeast Portland were burglarized on May 19. One victim, Dara Shifrer, expressed emotional distress over the loss of a decade's worth of memories. The victims believe the suspects had a unit there and exploited a perceived lack of security, as the gate reportedly stayed open for extended periods.
MAY 22·Simply Wall Street▲
Is Public Storage (PSA) Offering Value After Its Recent Share Price Strength?
This article analyzes Public Storage (PSA) to determine if its current share price of approximately US$304.99 offers fair value. Using Discounted Cash Flow (DCF) analysis and Price-to-Earnings (P/E) ratios, Simply Wall St suggests that PSA is undervalued by 18.9% and also undervalued on an earnings multiple basis when compared to its proprietary "Fair Ratio." The report invites investors to explore these valuations further and consider their own narratives for the company's future.
