First Allied Advisory Services Inc. Has $397,000 Position in Life Storage Inc (LSI)
First Allied Advisory Services Inc. reduced its position in shares of Life Storage Inc (NYSE:LSI) by 11.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,868 shares of the real estate investment trust’s stock after selling 603 shares during the period. First Allied Advisory Services Inc.’s holdings in Life Storage were worth $397,000 at the end of the most recent quarter.
Other large investors have also recently bought and sold shares of the company. Advisor Group Inc. grew its position in Life Storage by 14.9% in the second quarter. Advisor Group Inc. now owns 2,986 shares of the real estate investment trust’s stock worth $221,000 after acquiring an additional 387 shares during the period. Perigon Wealth Management LLC increased its holdings in Life Storage by 34.0% in the second quarter. Perigon Wealth Management LLC now owns 3,150 shares of the real estate investment trust’s stock valued at $233,000 after buying an additional 800 shares during the last quarter. M&T Bank Corp increased its holdings in Life Storage by 9.4% in the second quarter. M&T Bank Corp now owns 3,246 shares of the real estate investment trust’s stock valued at $241,000 after buying an additional 278 shares during the last quarter. Shelton Capital Management purchased a new position in Life Storage in the second quarter valued at $255,000. Finally, Daiwa Securities Group Inc. increased its holdings in Life Storage by 16.7% in the second quarter. Daiwa Securities Group Inc. now owns 4,200 shares of the real estate investment trust’s stock valued at $311,000 after buying an additional 600 shares during the last quarter. Institutional investors own 96.75% of the company’s stock.
Life Storage Inc (NYSE:LSI) traded down $0.02 during midday trading on Thursday, hitting $91.07. The company had a trading volume of 276,300 shares, compared to its average volume of 486,665. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.19 and a current ratio of 0.19. Life Storage Inc has a 52-week low of $69.00 and a 52-week high of $91.75. The stock has a market capitalization of $4,220.00, a price-to-earnings ratio of 17.22, a P/E/G ratio of 3.83 and a beta of 0.64.
TRADEMARK VIOLATION NOTICE: This news story was first published by Watch List News and is the property of of Watch List News. If you are viewing this news story on another publication, it was illegally stolen and republished in violation of U.S. & international copyright law. The legal version of this news story can be read at https://www.watchlistnews.com/first-allied-advisory-services-inc-has-397000-position-in-life-storage-inc-lsi/1763635.html.
About Life Storage
Life Storage, Inc, formerly Sovran Self Storage, Inc, is a self-administered and self-managed real estate company. The Company acquires, owns and manages self-storage properties. The Company owns its assets and conducts its operations through Life Storage LP (the Operating Partnership) and subsidiaries of the Operating Partnership.
Receive News & Ratings for Life Storage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Life Storage and related companies with MarketBeat.com's FREE daily email newsletter.