At $87.08 Extra Space Storage Inc. (EXR) Forms Bullish Multiple Top

Elias Hubbard
April 16, 2018

317.44 million shares or 1.24% less from 321.42 million shares in 2017Q3 were reported.

Adelante Capital Management Llc, which manages about $1.78 billion and $1.84 billion US Long portfolio, upped its stake in Welltower 35,660 shares to 1.59 million shares, valued at $101.60 million in 2017Q4, according to the filing. About 849,641 shares traded. It has outperformed by 0.48% the S&P500. Shares for $189,739 were sold by Woolley Kenneth M. $124,983 worth of Extra Space Storage Inc. Therefore 33% are positive. With 1.36 million avg volume, 10 days are for Extra Space Storage Inc (NYSE:EXR)'s short sellers to cover EXR's short positions.

12/13/2017-Morgan Stanley Upgrade from a "Underweight " rating to a " Equal Weight" rating. Hotchkis & Wiley Capital Mngmt Ltd Liability accumulated 29,480 shares. Corporate insiders own 3.72% of the company's stock. The company was maintained on Tuesday, September 8 by Evercore. (NYSE:EXR) on Thursday, November 30 with "Buy" rating. Jefferies maintained it with "Hold" rating and $8000 target in Friday, June 9 report.

Adelante Capital Management Llc decreased its stake in Extra Space Storage Inc (EXR) by 2.37% based on its latest 2017Q4 regulatory filing with the SEC. (NYSE:EXR) has "Hold" rating given on Tuesday, December 20 by Jefferies. Cantor Fitzgerald reiterated a neutral rating and set a $76.00 target price on shares of Extra Space Storage in a report on Wednesday, February 22nd. The stock increased 1.86% or $1.59 during the last trading session, reaching $87.08. Extra Space Storage Inc. (NYSE:EXR) has risen 14.89% since April 13, 2017 and is uptrending. The stock outperformed the S&P500 by 3.34%.

Big Money Sentiment increased to 1.2 in Q4 2017. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.93 and a current ratio of 0.93.

Corp lifted its stake in shares of Extra Space Storage, Inc. Nationwide Fund Advisors boosted its position in shares of Extra Space Storage by 160.7% during the third quarter. Sector Pension Inv Board holds 6,770 shares or 0% of its portfolio. The Apg Asset Management Us Inc holds 1.43 million shares with $125.40M value, up from 1.38M last quarter. Following the completion of the sale, the executive vice president now owns 81,257 shares in the company, valued at $6,933,659.81. Moreover, Bell Savings Bank has 0.75% invested in Extra Space Storage Inc. (NYSE:EXR). Employees Retirement Systems Of Texas holds 0.01% or 7,000 shares in its portfolio. Kentucky Retirement Sys Insurance Trust Fund stated it has 0.05% in Extra Space Storage Inc. Advisors Asset Management Inc. now owns 5,621 shares of the real estate investment trust's stock valued at $449,000 after purchasing an additional 589 shares during the period. Susquehanna Int Grp Inc Llp holds 0% or 125,251 shares in its portfolio. United Kingdom-based Lmr Ptnrs Limited Liability Partnership has invested 0.07% in Extra Space Storage Inc. (NYSE:EXR). 7,972 were reported by Lmr Llp. Cornerstone Mgmt Holding Limited Liability Co owns 85,426 shares.

On 5/23/2017 NYSE:EXR - Extra Space Storage announced a quarterly dividend of $0.78 4.01% with an ex dividend date of 6/13/2017 which will be payable on 6/30/2017.

Since October 18, 2017, it had 0 insider purchases, and 8 selling transactions for $5.50 million activity. Extra Space Storage Inc. had 52 analyst reports since July 23, 2015 according to SRatingsIntel. Stockholders of record on Thursday, March 15th were given a dividend of $0.78 per share. Extra Space Storage had a net margin of 44.67% and a return on equity of 18.87%. On Thursday, March 15 Stubbs P Scott sold $792,978 worth of Extra Space Storage Inc. Goldentree Asset Management Lp bought 1.20 million shares as the company's stock declined 8.80% with the market. As per Thursday, November 30, the company rating was maintained by Wells Fargo. Cohen Capital Management Inc who had been investing in Buckeye Partners Lp for a number of months, seems to be bullish on the $5.93 billion market cap company. The Company operates through three segments: rental operations; tenant reinsurance, and property management, acquisition and development. It has a 23.13 P/E ratio. Extra Space Storage's payout ratio is now 134.48%.

Analysts await Magna International Inc. Citigroup Incorporated reported 0.06% in Monsanto Company (NYSE:MON). They expect $1.67 earnings per share, up 9.15% or $0.14 from last year's $1.53 per share. EXR's profit will be $143.56 million for 19.97 P/E if the $1.09 EPS becomes a reality. The institutional investor held 112,184 shares of the natural gas distribution company at the end of 2017Q4, valued at $5.56 million, up from 103,184 at the end of the previous reported quarter. Therefore 31% are positive. Jefferies Group set a $92.00 target price on Extra Space Storage and gave the stock a "hold" rating in a research report on Tuesday, March 6th. RBC Capital Markets has "Hold" rating and $80 target. The firm has "Buy" rating by Robert W. Baird given on Monday, October 16. The stock of Spirit Airlines, Inc. (NYSE:EXR) rating on Tuesday, August 1. On Wednesday, November 1 the company was maintained by Cantor Fitzgerald. On Monday, November 27 Jefferies maintained the shares of EXR in report with "Hold" rating. The firm has "Buy" rating by RBC Capital Markets given on Wednesday, January 10.

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