13,962 Shares in Extra Space Storage Inc $EXR Purchased by Dockside LLC

Dockside LLC bought a new stake in Extra Space Storage Inc (NYSE:EXR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 13,962 shares of the real estate investment trust’s stock, valued at approximately $2,029,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC raised its position in Extra Space Storage by 1.9% during the 1st quarter. Apollon Wealth Management LLC now owns 3,986 shares of the real estate investment trust’s stock worth $523,000 after purchasing an additional 75 shares during the last quarter. Brown Advisory Inc. grew its position in shares of Extra Space Storage by 1.8% in the 2nd quarter. Brown Advisory Inc. now owns 4,431 shares of the real estate investment trust’s stock valued at $653,000 after buying an additional 80 shares during the last quarter. Manchester Capital Management LLC increased its stake in shares of Extra Space Storage by 18.9% in the fourth quarter. Manchester Capital Management LLC now owns 540 shares of the real estate investment trust’s stock valued at $70,000 after buying an additional 86 shares during the period. Angeles Wealth Management LLC increased its stake in shares of Extra Space Storage by 3.2% in the first quarter. Angeles Wealth Management LLC now owns 2,794 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 87 shares during the period. Finally, Creative Financial Designs Inc. ADV raised its position in shares of Extra Space Storage by 39.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 325 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 92 shares during the last quarter. 99.11% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Extra Space Storage news, EVP Gwyn Goodson Mcneal sold 3,300 shares of Extra Space Storage stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $150.00, for a total value of $495,000.00. Following the completion of the sale, the executive vice president directly owned 37,374 shares of the company’s stock, valued at approximately $5,606,100. The trade was a 8.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on EXR shares. Bank of America raised shares of Extra Space Storage from an “underperform” rating to a “neutral” rating and increased their target price for the company from $147.00 to $156.00 in a research report on Tuesday, June 16th. Wall Street Zen upgraded shares of Extra Space Storage from a “sell” rating to a “hold” rating in a research report on Sunday, August 9th. Mizuho upped their price objective on shares of Extra Space Storage from $150.00 to $155.00 and gave the company an “outperform” rating in a research note on Wednesday, May 27th. Barclays increased their price objective on shares of Extra Space Storage from $170.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, July 10th. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $160.00 target price on shares of Extra Space Storage in a research note on Thursday, July 30th. Six research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $147.73.

Extra Space Storage Price Performance

Shares of EXR opened at $147.98 on Friday. The firm has a market cap of $31.26 billion, a PE ratio of 32.67, a price-to-earnings-growth ratio of 4.30 and a beta of 1.18. Extra Space Storage Inc has a 52-week low of $125.71 and a 52-week high of $158.88. The business’s 50 day moving average price is $147.45 and its two-hundred day moving average price is $143.46. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.56 and a current ratio of 1.56.

Extra Space Storage (NYSE:EXR) last announced its quarterly earnings data on Tuesday, July 28th. The real estate investment trust reported $1.25 EPS for the quarter, topping the consensus estimate of $1.16 by $0.09. The company had revenue of $874.15 million during the quarter, compared to the consensus estimate of $874.99 million. Extra Space Storage had a net margin of 27.80% and a return on equity of 6.70%. The company’s quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the firm posted $2.05 EPS. Extra Space Storage has set its FY 2026 guidance at 8.250-8.400 EPS. On average, equities analysts anticipate that Extra Space Storage Inc will post 8.31 EPS for the current year.

Extra Space Storage Company Profile

Extra Space Storage (NYSE: EXR) is a real estate investment trust that specializes in the ownership, development and operation of self-storage properties. The company provides storage solutions for residential and commercial customers, offering a range of unit sizes, climate-controlled units and specialized options such as vehicle and boat storage. Extra Space Storage markets itself as a customer-focused operator, with online rentals, contactless move-in options and ancillary retail products like packing supplies and insurance to support tenant needs.

Its business model combines property ownership with third-party management and development activities.