Lido Advisors LLC Has $578,000 Stock Holdings in Public Storage $PSA

Lido Advisors LLC decreased its position in Public Storage (NYSE:PSA) by 48.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 2,133 shares of the real estate investment trust’s stock after selling 1,974 shares during the quarter. Lido Advisors LLC’s holdings in Public Storage were worth $578,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Bayban acquired a new position in Public Storage in the fourth quarter valued at about $26,000. Harvest Fund Management Co. Ltd bought a new position in shares of Public Storage in the third quarter valued at approximately $27,000. Wealth Watch Advisors INC acquired a new position in shares of Public Storage in the 3rd quarter worth approximately $34,000. Raiffeisen Bank International AG boosted its holdings in shares of Public Storage by 35.2% in the 4th quarter. Raiffeisen Bank International AG now owns 142 shares of the real estate investment trust’s stock worth $37,000 after acquiring an additional 37 shares in the last quarter. Finally, Knuff & Co LLC acquired a new position in shares of Public Storage in the 4th quarter worth approximately $38,000. Institutional investors and hedge funds own 78.79% of the company’s stock.

Insider Buying and Selling

In related news, insider Nathaniel A. Vitan sold 950 shares of Public Storage stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $324.81, for a total value of $308,569.50. Following the completion of the sale, the insider directly owned 1,414 shares in the company, valued at $459,281.34. This trade represents a 40.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.10% of the stock is currently owned by insiders.

Key Stories Impacting Public Storage

Here are the key news stories impacting Public Storage this week:

• Positive Sentiment: Public Storage raised its 2026 Core FFO outlook to $16.75–$17.05 per share, compared with the analyst consensus of $16.94. The higher guidance signals confidence in the company’s earnings outlook. Public Storage Reports Second Quarter 2026 Results and Raises Guidance
• Positive Sentiment: Second-quarter net income rose 44.9% year over year to $2.55 per diluted share, while total revenue reached $1.23 billion, broadly matching expectations. The company also expanded through the $1.2 billion agreement to acquire Public Storage Canada and the completed all-stock merger with National Storage Affiliates, creating a portfolio of more than 4,500 locations. Public Storage Raises 2026 Guidance After $503 Million Q2 Profit
• Neutral Sentiment: Public Storage acquired 20 facilities during the quarter for $222.5 million, adding 1.5 million net rentable square feet. These investments support long-term growth but also increase the company’s capital and integration requirements.
• Negative Sentiment: Core FFO, the key REIT performance measure, was $4.17 per share, below the $4.25 consensus estimate and down from $4.28 a year earlier. This likely weighs more heavily on investors than the headline net-income beat. Public Storage Q2 FFO Miss Estimates
• Negative Sentiment: Same-store revenue declined 0.6% and same-store net operating income fell 2.2%, while overall quarterly revenue was essentially flat to slightly lower year over year. The results indicate continued pressure on organic storage demand and pricing.

Public Storage Stock Down 0.4%

NYSE:PSA opened at $329.27 on Thursday. The company has a market cap of $57.80 billion, a price-to-earnings ratio of 33.98, a P/E/G ratio of 4.44 and a beta of 0.96. The company has a debt-to-equity ratio of 2.02, a quick ratio of 0.56 and a current ratio of 0.56. The stock’s fifty day moving average price is $317.11 and its two-hundred day moving average price is $301.39. Public Storage has a 52-week low of $256.54 and a 52-week high of $335.55.

Public Storage (NYSE:PSA) last released its earnings results on Monday, April 27th. The real estate investment trust reported $2.71 EPS for the quarter, beating the consensus estimate of $2.42 by $0.29. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Public Storage had a return on equity of 37.78% and a net margin of 39.16%.The business’s revenue for the quarter was down .1% on a year-over-year basis. During the same period last year, the firm earned $4.12 EPS. On average, analysts anticipate that Public Storage will post 16.94 EPS for the current year.

Public Storage Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a $3.00 dividend. The ex-dividend date was Monday, June 15th. This represents a $12.00 annualized dividend and a yield of 3.6%. Public Storage’s dividend payout ratio (DPR) is currently 123.84%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on PSA. Evercore set a $316.00 price objective on Public Storage in a research report on Monday, July 6th. Raymond James Financial assumed coverage on Public Storage in a report on Thursday, July 16th. They set a “market perform” rating on the stock. JPMorgan Chase & Co. raised their target price on Public Storage from $291.00 to $338.00 and gave the company a “neutral” rating in a research note on Thursday, June 11th. Citigroup lifted their price target on Public Storage from $325.00 to $363.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Finally, UBS Group upped their price target on shares of Public Storage from $314.00 to $326.00 and gave the stock a “neutral” rating in a research report on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, Public Storage presently has a consensus rating of “Hold” and a consensus price target of $325.37.

Public Storage Profile

Public Storage (NYSE: PSA) is a real estate investment trust (REIT) that specializes in self-storage services. Headquartered in Glendale, California, the company was founded in the early 1970s and has grown through development and acquisitions to become one of the largest owner-operators of self-storage facilities in the United States. It is publicly traded on the New York Stock Exchange under the ticker PSA.

The company’s core business is the ownership, operation and management of self-storage properties that serve both residential and commercial customers.