Public Storage (PSA) Stake Boosted by Suntrust Banks Inc.
Security Capital Research & Management Inc. now owns 1,534,114 shares of the real estate investment trust’s stock worth $320,630,000 after purchasing an additional 542,803 shares in the last quarter. Security Capital Research & Management Inc. increased its position in shares of Public Storage by 54.8% during the fourth quarter. BMO Capital Markets set a $185.00 price target on Public Storage and gave the stock a “sell” rating in a research report on Tuesday. Cantor Fitzgerald reaffirmed a “hold” rating and set a $213.00 price target on shares of Public Storage in a research report on Wednesday.