Citigroup Inc Reiterates "Neutral" Rating for Extra Space Storage, Inc. (EXR)

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21 May, 2017

Zurcher Kantonalbank Zurich Cantonalbank's holdings in Extra Space Storage were worth $2,250,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Global X Management Co. Nuveen Asset Mngmt Ltd Llc has invested 0.19% of its portfolio in Extra Space Storage, Inc. World Asset Management Inc now owns 15,107 shares of the real estate investment trust's stock worth $1,200,000 after buying an additional 276 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Extra Space Storage by 4.3% in the fourth quarter. Bank of New York Mellon Corp now owns 1,307,922 shares of the real estate investment trust's stock worth $97,295,000 after buying an additional 38,310 shares in the last quarter. Pacer Advisors Inc. raised its stake in shares of Extra Space Storage by 3.2% in the first quarter. They now have $95.00 target price on the real estate investment trust's stock.

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Extra Space Storage Inc (NYSE:EXR). Daiwa Securities Group Inc. now owns 5,327,021 shares of the real estate investment trust's stock worth $396,278,000 after buying an additional 536,392 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Extra Space Storage during the first quarter valued at about $204,000. FMR LLC now owns 14,309,328 shares of the real estate investment trust's stock valued at $1,105,253,000 after buying an additional 713,606 shares during the last quarter. Hedge funds and other institutional investors own 99.92% of the company's stock. Extra Space Storage Inc has a 52-week low of 68.09 and a 52-week high of 94.81. (NYSE:EXR). Parkwood Lc owns 0.04% invested in Extra Space Storage, Inc. The company had a trading volume of 2,359,630 shares.

09/12/2016 - Extra Space Storage Inc had its "overweight" rating reiterated by analysts at KeyBanc. (EXR)'s latest closing price distance was 0.20% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -0.80% and -0.15% compared with the 20 Day Moving Average. The stock has a market capitalization of $9.53 billion, a price-to-earnings ratio of 26.27 and a beta of 0.41.

Extra Space Storage (NYSE:EXR) last posted its earnings results on Wednesday, April 26th.

Looking forward, the company is expected to report earnings of $1.05 per share for the current quarter. The business had revenue of $263 million during the quarter, compared to the consensus estimate of $233.12 million.

02/22/2017 - Extra Space Storage Inc had its "neutral" rating reiterated by analysts at Cantor Fitzgerald. The firm's revenue for the quarter was up 14.6% on a year-over-year basis. Analysts forecast that Extra Space Storage, Inc. will post $2.69 EPS for the current fiscal year. If you are viewing this story on another domain, it was illegally stolen and reposted in violation of US & global trademark & copyright laws. If you are accessing this story on another domain, it was illegally stolen and republished in violation of worldwide trademark & copyright legislation. The legal version of this news story can be viewed at https://www.thestockobserver.com/2017/05/19/extra-space-storage-inc-exr-shares-sold-by-state-of-tennessee-treasury-department.html. Evercore upgraded the shares of EXR in report on Monday, April 3 to "In-Line" rating. Zacks Investment Research raised Extra Space Storage from a "sell" rating to a "hold" rating in a report on Wednesday, February 22nd. Finally, Jefferies Group LLC reaffirmed a "hold" rating and issued a $80.00 target price on shares of Extra Space Storage in a report on Monday, April 3rd. DnB Asset Management AS acquired a new position in Extra Space Storage during the third quarter valued at approximately $834,000.

Stock of UnitedHealth Group Incorporated (NYSE:UNH) now have an ABR of 1.28.which is marked on a basic 1 to 5 scale, where 1 stands for a Strong Buy and 5 represents Strong Sell. The firm has "Hold" rating by BMO Capital Markets given on Thursday, March 23. Also, Director Spencer Kirk sold 20,000 shares of Extra Space Storage stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $79.63, for a total value of $1,592,600.00. Following the completion of the sale, the director now owns 664,430 shares in the company, valued at $49,931,914.50. The stock was sold at an average price of $74.59, for a total value of $96,967.00. Following the completion of the sale, the executive vice president now directly owns 92,775 shares of the company's stock, valued at approximately $6,977,607.75. The disclosure for this sale can be found here. The stock's quarterly performance indicates a Positive momentum of 2.44 percent, whereas its last one month trend is Pessimistic with -5.68 percent. The short ratio in the company's stock is documented at 8.17 and the short float is around of 6.87%. Prudential Fincl Inc holds 0.2% in Extra Space Storage, Inc. The Company's property management, acquisition and development activities include managing, acquiring, developing and selling stores.


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