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The Producers Life Insurance coverage Firm Sells 6,630 Shares of Additional House Storage Inc. (NYSE:EXR)

thinkarete by thinkarete
January 26, 2023
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Extra Space Storage logoThe Producers Life Insurance coverage Firm diminished its stake in Additional House Storage Inc. (NYSE:EXR – Get Rating) by 6.2% throughout the third quarter, in response to the corporate in its most up-to-date disclosure with the Securities and Trade Fee (SEC). The agency owned 100,904 shares of the actual property funding belief’s inventory after promoting 6,630 shares throughout the quarter. The Producers Life Insurance coverage Firm owned about 0.08% of Additional House Storage value $17,427,000 on the finish of the latest reporting interval.

→ The Next Big Crisis Is Here (From Porter & Firm)

A number of different institutional buyers have additionally added to or diminished their stakes within the inventory. Pacer Advisors Inc. boosted its stake in shares of Additional House Storage by 28.0% within the third quarter. Pacer Advisors Inc. now owns 274 shares of the actual property funding belief’s inventory valued at $47,000 after buying a further 60 shares over the past quarter. Ronald Blue Belief Inc. boosted its place in Additional House Storage by 35.9% throughout the third quarter. Ronald Blue Belief Inc. now owns 231 shares of the actual property funding belief’s inventory valued at $40,000 after buying a further 61 shares over the past quarter. Parkside Monetary Financial institution & Belief grew its holdings in Additional House Storage by 80.0% throughout the third quarter. Parkside Monetary Financial institution & Belief now owns 144 shares of the actual property funding belief’s inventory value $25,000 after buying a further 64 shares throughout the interval. Greenleaf Belief raised its place in shares of Additional House Storage by 4.4% within the 2nd quarter. Greenleaf Belief now owns 1,580 shares of the actual property funding belief’s inventory value $269,000 after buying a further 66 shares within the final quarter. Lastly, Trade Traded Ideas LLC lifted its stake in shares of Additional House Storage by 2.3% within the 2nd quarter. Trade Traded Ideas LLC now owns 2,989 shares of the actual property funding belief’s inventory valued at $508,000 after buying a further 68 shares throughout the interval. 95.32% of the inventory is presently owned by institutional buyers.

Analyst Upgrades and Downgrades

Quite a few equities analysis analysts have weighed in on the corporate. Truist Monetary downgraded Additional House Storage from a “purchase” score to a “maintain” score and lowered their goal worth for the inventory from $175.00 to $160.00 in a report on Tuesday, January seventeenth. Wolfe Analysis lowered shares of Additional House Storage from an “outperform” score to a “peer carry out” score in a analysis word on Wednesday, January 18th. They famous that the transfer was a valuation name. Evercore ISI downgraded shares of Additional House Storage from an “in-line” score to an “underperform” score and decreased their worth goal for the corporate from $162.00 to $150.00 in a analysis word on Monday, November twenty first. StockNews.com assumed protection on shares of Additional House Storage in a analysis report on Wednesday, October twelfth. They set a “maintain” score on the inventory. Lastly, Raymond James upgraded Additional House Storage from a “market carry out” score to an “outperform” score and set a $170.00 goal worth for the corporate in a analysis word on Monday, January ninth. Two analysts have rated the inventory with a promote score, six have issued a maintain score and three have assigned a purchase score to the inventory. In line with MarketBeat, Additional House Storage has a consensus score of “Maintain” and a median worth goal of $170.33.

Additional House Storage Value Efficiency

EXR stock opened at $151.73 on Thursday. The corporate has a debt-to-equity ratio of 1.72, a fast ratio of 0.49 and a present ratio of 0.49. The enterprise has a 50-day easy transferring common of $151.97 and a two-hundred day easy transferring common of $171.29. The corporate has a market capitalization of $20.32 billion, a P/E ratio of twenty-two.02, a price-to-earnings-growth ratio of two.08 and a beta of 0.51. Additional House Storage Inc. has a 52-week low of $139.97 and a 52-week excessive of $222.35.

Additional House Storage Broadcasts Dividend

The enterprise additionally just lately introduced a quarterly dividend, which was paid on Friday, December thirtieth. Traders of file on Wednesday, December 14th got a dividend of $1.50 per share. The ex-dividend date was Tuesday, December thirteenth. This represents a $6.00 annualized dividend and a dividend yield of three.95%. Additional House Storage’s payout ratio is 87.08%.

Additional House Storage Firm Profile

(Get Rating)

Additional House Storage, Inc is an actual property funding belief. It operates by means of the next segments: Self-Storage Operations and Tenant Reinsurance. The Self-Storage Operations phase consists of rental operations of wholly-owned shops. The Tenant Reinsurance phase consists of reinsurance of dangers regarding the lack of items saved by tenants in shops.

Featured Tales

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

This instantaneous information alert was generated by narrative science know-how and monetary knowledge from MarketBeat with a view to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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