PSA News and Press, Public Storage From 05/14/22

Using the lens of the decrease from the 52-week-high, we look at which REITs have fallen furthest in price. Among the blue chips, the most compelling REIT is Simon Property Group (SPG). We discuss briefly several REITs that have fallen by various amounts, looking for opportunity. ...

Investors bailed out of tech and growth stocks even as tech insiders added more. Insider buying on the XLK ETF has surged to the highest in the last ten years. We discuss why the bottoming in tech and growth stocks could be forming. Subsequently, we believe the outperformance in growt...

Nearly 200 REITs have reported earnings results over the past three weeks, providing critical information on the state of the real estate industry amid the extreme volatility in early 2022. Results were generally better-than-expected with roughly 85% of equity REITs beating consensus ...

U.S. equity markets declined for a fifth-straight week - the worst losing streak since 2012 - after the Federal Reserve delivered a double rate-hike that flared intense volatility but didn't ease stagflation worries. Off to its worst start to a year since 1939, the S&P 500 decline...

Public Storage had been one of the hottest REITs out there, with shares nearly doubling since the beginning of 2021. Public Storage stock abruptly reversed course in late April; shares are now down 20% over the past few weeks. I sold my Public Storage position in April. With the s...

Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Several factors weighed on performance in the first three months of 2022. Real estate business prospects remain favor...

A recession is basically an economic downturn, often described as two quarters of negative gross domestic product, though that isn't the technical definition. Recessions happen with a fair amount of regularity, and they hurt, even though they are just a normal part of the economic landscape...

Public Storage owns approximately 9% of all self-storage square footage in the United States. Nearly 10% of all households in the United States rent self-storage units. The third-party management business is growing rapidly with 93 facilities under management, and contracts to man...

LRT Capital is a fundamental investment hedge fund. We invest only in companies with durable competitive advantages, i.e. “moats.”. LRT Economic Moat strategy had a very strong month, and we are very optimistic about the year ahead. Many of our portfolio companies ar...

Public Storage (PSA) Q1 2022 Results Conference Call May 04, 2022 12:00 PM ET Company Participants Ryan Burke - VP, IR Joe Russell - President and CEO Tom Boyle - SVP and CFO Conference Call Participants Jeff Spector - Bank of America Michael Goldsmith - UBS Ki Bin Kim - Truist Juan Sanabria ...