2 weeks Ago By ABMN Staff
Summit Investment Advisors Inc. lowered its stake in Extra Space Storage Inc. ( NYSE:EXR – Free Report ) by 3.
8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 2,065 shares of the real estate investment trust’s stock after selling 82 shares during the quarter.
Summit Investment Advisors Inc.’s holdings in Extra Space Storage were worth $309,000 as of its most recent SEC filing. Several other hedge funds have also modified their holdings of the stock.
Golden State Wealth Management LLC acquired a new stake in Extra Space Storage in the fourth quarter valued at approximately $25,000. Harbour Investments Inc. grew its holdings in Extra Space Storage by 90.
9% during the 4th quarter. Harbour Investments Inc. now owns 168 shares of the real estate investment trust’s stock valued at $25,000 after purchasing an additional 80 shares in the last quarter.
Quent Capital LLC grew its holdings in Extra Space Storage by 89.0% during the 4th quarter. Quent Capital LLC now owns 327 shares of the real estate investment trust’s stock valued at $49,000 after purchasing an additional 154 shares in the last quarter.
Asset Planning Inc purchased a new stake in Extra Space Storage during the 4th quarter worth $52,000. Finally, Kestra Investment Management LLC acquired a new position in Extra Space Storage in the 4th quarter worth $54,000. 99.
11% of the stock is currently owned by hedge funds and other institutional investors. Extra Space Storage Price Performance EXR opened at $140.99 on Monday.
The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.
77. The company’s 50-day moving average price is $146.92 and its 200 day moving average price is $155.
12. Extra Space Storage Inc. has a fifty-two week low of $121.
03 and a fifty-two week high of $184.87. The firm has a market cap of $29.
92 billion, a price-to-earnings ratio of 36.91, a price-to-earnings-growth ratio of 7.76 and a beta of 0.
96. Extra Space Storage Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $1.
62 dividend. The ex-dividend date was Friday, March 14th. This represents a $6.
48 dividend on an annualized basis and a dividend yield of 4.60%. Extra Space Storage’s dividend payout ratio (DPR) is presently 160.
40%. Analyst Ratings Changes A number of brokerages have recently issued reports on EXR. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Extra Space Storage in a research report on Thursday, March 6th.
Barclays cut their target price on Extra Space Storage from $184.00 to $181.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 12th.
Mizuho assumed coverage on shares of Extra Space Storage in a research report on Wednesday, April 9th. They set an “outperform” rating and a $141.00 price target for the company.
Scotiabank raised shares of Extra Space Storage from a “sector perform” rating to a “sector outperform” rating and cut their price target for the company from $165.00 to $149.00 in a report on Wednesday, April 9th.
Finally, Wells Fargo & Company decreased their price objective on shares of Extra Space Storage from $170.00 to $165.00 and set an “equal weight” rating for the company in a report on Friday, February 21st.
Two analysts have rated the stock with a sell rating, five have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $167.
25. View Our Latest Report on Extra Space Storage Insider Activity at Extra Space Storage In other Extra Space Storage news, Director Joseph J. Bonner sold 672 shares of Extra Space Storage stock in a transaction on Thursday, March 13th.
The stock was sold at an average price of $149.10, for a total transaction of $100,195.20.
Following the sale, the director now owns 4,557 shares of the company’s stock, valued at $679,448.70. The trade was a 12.
85 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, CEO Joseph D.
Margolis sold 7,500 shares of the stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $147.45, for a total value of $1,105,875.
00. Following the completion of the transaction, the chief executive officer now directly owns 9,190 shares of the company’s stock, valued at approximately $1,355,065.50.
The trade was a 44.94 % decrease in their position. The disclosure for this sale can be found here .
Insiders have sold a total of 9,392 shares of company stock worth $1,392,315 in the last ninety days. 1.36% of the stock is owned by insiders.
Extra Space Storage Profile ( Free Report ) Extra Space Storage Inc, headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of December 31, 2023, the Company owned and/or operated 3,714 self-storage stores in 42 states and Washington, DC The Company's stores comprise approximately 2.6 million units and approximately 283.
0 million square feet of rentable space operating under the Extra Space, Life Storage and Storage Express brands. Read More Want to see what other hedge funds are holding EXR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Extra Space Storage Inc.
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