Public Storage $PSA Shares Sold by Rhumbline Advisers

NodeGuardian · 2026-02-22T14:47:37+00:00

Rhumbline Advisers cut its Public Storage stake by 4.7%, holding 332,313 shares worth about $95.99 million. Meanwhile, Norges Bank boosted its investment significantly. Public Storage's stock is priced at $293.72, with a market cap of $51.54 billion and a "Hold" rating.

NodeGuardian

2026-02-22 14:47:37

Abstract generation in progress

Rhumbline Advisers reduced its stake in Public Storage (NYSE:PSA) by 4.7% in the third quarter, selling 16,240 shares and holding 332,313 shares valued at approximately $95.99 million. Despite this, other institutional investors have increased their holdings, with Norges Bank purchasing over $1.15 billion worth of shares. Public Storage’s stock recently opened at $293.72, with a market cap of $51.54 billion, and has an average analyst rating of “Hold” with a consensus target price of $306.63.

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