Bp Plc maintained its position in shares of Extra Space Storage Inc (NYSE:EXR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,000 shares of the real estate investment trust’s stock at the end of the second quarter. Bp Plc’s holdings in Extra Space Storage were worth $1,092,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Extra Space Storage by 2.0% in the first quarter. Vanguard Group Inc. now owns 21,494,458 shares of the real estate investment trust’s stock valued at $1,598,973,000 after buying an additional 411,415 shares during the last quarter. BlackRock Inc. increased its position in shares of Extra Space Storage by 2,356.1% in the first 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. Daiwa Securities Group Inc. increased its position in shares of Extra Space Storage by 11.2% in the first quarter. Daiwa Securities Group Inc. now owns 5,327,021 shares of the real estate investment trust’s stock valued at $396,278,000 after buying an additional 536,392 shares during the last quarter. PGGM Investments increased its position in shares of Extra Space Storage by 2.4% in the second quarter. PGGM Investments now owns 1,890,000 shares of the real estate investment trust’s stock valued at $147,420,000 after buying an additional 45,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Extra Space Storage by 2.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,708,728 shares of the real estate investment trust’s stock valued at $127,111,000 after buying an additional 42,942 shares during the last quarter.

Extra Space Storage Inc (EXR) opened at 76.31 on Friday. The stock has a market capitalization of $9.62 billion, a P/E ratio of 26.08 and a beta of 0.34. Extra Space Storage Inc has a 12 month low of $68.09 and a 12 month high of $83.88. The firm’s 50-day moving average is $77.57 and its 200-day moving average is $76.43.

Extra Space Storage (NYSE:EXR) last released its earnings results on Tuesday, August 1st. The real estate investment trust reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.04. Extra Space Storage had a return on equity of 15.20% and a net margin of 36.35%. The business had revenue of $276 million during the quarter, compared to the consensus estimate of $239.89 million. During the same period last year, the company earned $0.94 earnings per share. The business’s revenue for the quarter was up 13.0% compared to the same quarter last year. On average, equities analysts expect that Extra Space Storage Inc will post $2.67 earnings per share for the current fiscal year.

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Several research analysts recently commented on EXR shares. Goldman Sachs Group, Inc. (The) raised shares of Extra Space Storage from a “buy” rating to a “conviction-buy” rating and set a $95.00 target price on the stock in a research note on Monday, May 15th. BidaskClub raised shares of Extra Space Storage from a “hold” rating to a “buy” rating in a research note on Saturday, June 17th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $80.00 target price on shares of Extra Space Storage in a research note on Thursday, April 27th. Bank of America Corporation downgraded shares of Extra Space Storage from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $83.00 to $81.00 in a research note on Thursday, July 20th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $77.00 target price on shares of Extra Space Storage in a research note on Monday, May 22nd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $83.13.

In other news, Director Spencer Kirk sold 20,000 shares of Extra Space Storage stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $79.09, for a total transaction of $1,581,800.00. Following the completion of the sale, the director now directly owns 665,748 shares in the company, valued at $52,654,009.32. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP James Overturf sold 1,300 shares of Extra Space Storage stock in a transaction on Friday, June 9th. The stock was sold at an average price of $74.90, for a total value of $97,370.00. Following the sale, the executive vice president now owns 88,875 shares of the company’s stock, valued at $6,656,737.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 63,900 shares of company stock valued at $4,957,788. Corporate insiders own 3.72% of the company’s stock.

Extra Space Storage Company Profile

Extra Space Storage Inc is a self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops self-storage properties located throughout the United States. The Company operates through three segments: rental operations; tenant reinsurance, and property management, acquisition and development.

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Institutional Ownership by Quarter for Extra Space Storage (NYSE:EXR)

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