Andra AP fonden Has $2.26 Million Holdings in Extra Space Storage Inc $EXR

Andra AP fonden trimmed its position in shares of Extra Space Storage Inc (NYSE:EXR) by 63.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 16,000 shares of the real estate investment trust’s stock after selling 27,200 shares during the quarter. Andra AP fonden’s holdings in Extra Space Storage were worth $2,255,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of EXR. Cibc World Market Inc. increased its holdings in Extra Space Storage by 19.4% during the 3rd quarter. Cibc World Market Inc. now owns 190,863 shares of the real estate investment trust’s stock valued at $26,900,000 after purchasing an additional 30,983 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Extra Space Storage by 6.4% during the third quarter. Principal Financial Group Inc. now owns 6,715,901 shares of the real estate investment trust’s stock worth $946,540,000 after purchasing an additional 406,146 shares during the last quarter. Thrivent Financial for Lutherans increased its stake in shares of Extra Space Storage by 38.2% in the third quarter. Thrivent Financial for Lutherans now owns 589,271 shares of the real estate investment trust’s stock valued at $83,052,000 after buying an additional 162,773 shares in the last quarter. Resona Asset Management Co. Ltd. raised its holdings in shares of Extra Space Storage by 6.6% in the third quarter. Resona Asset Management Co. Ltd. now owns 127,235 shares of the real estate investment trust’s stock valued at $17,982,000 after buying an additional 7,831 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its position in Extra Space Storage by 32.0% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 24,240 shares of the real estate investment trust’s stock worth $3,416,000 after buying an additional 5,870 shares in the last quarter. Institutional investors and hedge funds own 99.11% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on EXR. UBS Group lowered their price objective on shares of Extra Space Storage from $156.00 to $148.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Bank of America lowered shares of Extra Space Storage from a “neutral” rating to an “underperform” rating and set a $143.00 price target for the company. in a report on Thursday, February 5th. Weiss Ratings restated a “hold (c)” rating on shares of Extra Space Storage in a research report on Thursday, January 22nd. Mizuho increased their price objective on Extra Space Storage from $137.00 to $143.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Finally, Morgan Stanley lowered their target price on Extra Space Storage from $155.00 to $152.00 and set an “equal weight” rating for the company in a research note on Friday, December 5th. Six equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $145.13.

Extra Space Storage Trading Up 2.2%

EXR opened at $150.93 on Friday. The firm has a 50 day simple moving average of $140.29 and a 200 day simple moving average of $139.30. Extra Space Storage Inc has a fifty-two week low of $121.03 and a fifty-two week high of $160.58. The company has a market cap of $31.87 billion, a price-to-earnings ratio of 32.81, a price-to-earnings-growth ratio of 3.04 and a beta of 1.27. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.39 and a quick ratio of 0.24.

Extra Space Storage (NYSE:EXR) last released its earnings results on Thursday, February 19th. The real estate investment trust reported $2.08 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.05. The firm had revenue of $857.47 million during the quarter, compared to analyst estimates of $732.92 million. Extra Space Storage had a net margin of 28.84% and a return on equity of 6.79%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.03 EPS. Extra Space Storage has set its FY 2026 guidance at 8.050-8.350 EPS. On average, sell-side analysts anticipate that Extra Space Storage Inc will post 8.1 earnings per share for the current year.

Extra Space Storage Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be issued a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Monday, March 16th. Extra Space Storage’s dividend payout ratio is currently 140.87%.

Extra Space Storage Profile

Extra Space Storage (NYSE: EXR) is a real estate investment trust that specializes in the ownership, development and operation of self-storage properties. The company provides storage solutions for residential and commercial customers, offering a range of unit sizes, climate-controlled units and specialized options such as vehicle and boat storage. Extra Space Storage markets itself as a customer-focused operator, with online rentals, contactless move-in options and ancillary retail products like packing supplies and insurance to support tenant needs.

Its business model combines property ownership with third-party management and development activities.