Capital International Inc. CA Purchases 5,306 Shares of Extra Space Storage Inc $EXR

Capital International Inc. CA raised its position in Extra Space Storage Inc (NYSE:EXR) by 35.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,232 shares of the real estate investment trust’s stock after buying an additional 5,306 shares during the period. Capital International Inc. CA’s holdings in Extra Space Storage were worth $2,851,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC increased its position in shares of Extra Space Storage by 9.3% during the first quarter. NewEdge Advisors LLC now owns 3,409 shares of the real estate investment trust’s stock valued at $506,000 after acquiring an additional 291 shares during the last quarter. Empowered Funds LLC boosted its position in Extra Space Storage by 15.5% in the first quarter. Empowered Funds LLC now owns 4,912 shares of the real estate investment trust’s stock worth $729,000 after purchasing an additional 661 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Extra Space Storage in the 2nd quarter valued at $457,000. Fox Run Management L.L.C. purchased a new stake in shares of Extra Space Storage during the 2nd quarter valued at $372,000. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of Extra Space Storage during the 2nd quarter valued at $422,000. Institutional investors own 99.11% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on EXR. Scotiabank boosted their price target on shares of Extra Space Storage from $145.00 to $156.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Extra Space Storage in a report on Thursday, January 22nd. Morgan Stanley lowered their price objective on shares of Extra Space Storage from $155.00 to $152.00 and set an “equal weight” rating on the stock in a research report on Friday, December 5th. Wells Fargo & Company dropped their target price on shares of Extra Space Storage from $160.00 to $150.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Finally, Barclays increased their target price on shares of Extra Space Storage from $164.00 to $170.00 and gave the company an “overweight” rating in a research report on Thursday, March 5th. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $145.13.

Extra Space Storage Stock Down 3.7%

EXR stock opened at $141.26 on Thursday. The stock has a fifty day moving average of $143.03 and a 200-day moving average of $139.80. Extra Space Storage Inc has a fifty-two week low of $121.03 and a fifty-two week high of $155.19. The company has a market capitalization of $29.83 billion, a price-to-earnings ratio of 30.71, a PEG ratio of 2.95 and a beta of 1.24. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.39 and a current ratio of 0.39.

Extra Space Storage (NYSE:EXR) last announced its quarterly earnings data on Thursday, February 19th. The real estate investment trust reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.03 by $0.05. The business had revenue of $857.47 million for the quarter, compared to analysts’ expectations of $732.92 million. Extra Space Storage had a return on equity of 6.79% and a net margin of 28.84%.The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business posted $2.03 EPS. Extra Space Storage has set its FY 2026 guidance at 8.050-8.350 EPS. As a group, equities research analysts predict that Extra Space Storage Inc will post 8.1 earnings per share for the current year.

Extra Space Storage Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a $1.62 dividend. The ex-dividend date of this dividend is Monday, March 16th. This represents a $6.48 annualized dividend and a dividend yield of 4.6%. Extra Space Storage’s payout ratio is 140.87%.

Extra Space Storage Profile

Extra Space Storage (NYSE: EXR) is a real estate investment trust that specializes in the ownership, development and operation of self-storage properties. The company provides storage solutions for residential and commercial customers, offering a range of unit sizes, climate-controlled units and specialized options such as vehicle and boat storage. Extra Space Storage markets itself as a customer-focused operator, with online rentals, contactless move-in options and ancillary retail products like packing supplies and insurance to support tenant needs.

Its business model combines property ownership with third-party management and development activities.