Rep. Virginia Foxx Sells Public Storage (NYSE:PSA) Stock

Representative Virginia Foxx (R-North Carolina) recently sold shares of Public Storage (NYSE:PSA). In a filing disclosed on February 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Public Storage stock on January 12th.

Representative Virginia Foxx also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Hercules Capital (NYSE:HTGC) on 1/12/2026.
• Purchased $1,001 – $15,000 in shares of Ellington Financial (NYSE:EFC) on 12/30/2025.
• Purchased $1,001 – $15,000 in shares of Hercules Capital (NYSE:HTGC) on 11/19/2025.
• Purchased $1,001 – $15,000 in shares of Alliance Resource Partners (NASDAQ:ARLP) on 11/17/2025.
• Purchased $1,001 – $15,000 in shares of Alliance Resource Partners (NASDAQ:ARLP) on 11/14/2025.

Public Storage Trading Up 0.7%

PSA opened at $288.97 on Tuesday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.45 and a current ratio of 0.45. The stock’s 50 day moving average price is $273.65 and its 200-day moving average price is $281.77. Public Storage has a one year low of $256.54 and a one year high of $322.49. The stock has a market cap of $50.70 billion, a price-to-earnings ratio of 30.01, a P/E/G ratio of 9.72 and a beta of 1.01.

Institutional Trading of Public Storage

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of Public Storage by 9.9% during the 4th quarter. Vanguard Group Inc. now owns 25,343,098 shares of the real estate investment trust’s stock worth $6,576,534,000 after acquiring an additional 2,274,397 shares in the last quarter. State Street Corp grew its holdings in Public Storage by 1.2% in the second quarter. State Street Corp now owns 10,613,807 shares of the real estate investment trust’s stock worth $3,114,303,000 after purchasing an additional 126,113 shares during the last quarter. Geode Capital Management LLC grew its holdings in Public Storage by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 4,089,143 shares of the real estate investment trust’s stock worth $1,056,976,000 after purchasing an additional 66,445 shares during the last quarter. Norges Bank acquired a new position in shares of Public Storage during the second quarter worth $1,153,971,000. Finally, JPMorgan Chase & Co. increased its position in shares of Public Storage by 5.6% during the third quarter. JPMorgan Chase & Co. now owns 3,334,488 shares of the real estate investment trust’s stock worth $963,177,000 after purchasing an additional 177,421 shares in the last quarter. 78.79% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Wolfe Research lowered Public Storage from an “outperform” rating to a “peer perform” rating in a research note on Monday, January 26th. Mizuho lowered their target price on shares of Public Storage from $310.00 to $285.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Raymond James Financial cut their price target on shares of Public Storage from $350.00 to $330.00 and set a “strong-buy” rating on the stock in a report on Tuesday, November 18th. Morgan Stanley assumed coverage on shares of Public Storage in a research note on Friday, December 5th. They issued an “equal weight” rating and a $290.00 price target on the stock. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Public Storage in a report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $306.63.

About Representative Foxx

Virginia Foxx (Republican Party) is a member of the U.S. House, representing North Carolina’s 5th Congressional District. She assumed office on January 3, 2005. Her current term ends on January 3, 2027.

Foxx (Republican Party) ran for re-election to the U.S. House to represent North Carolina’s 5th Congressional District. She won in the general election on November 5, 2024.

Foxx was born in New York, New York. She earned a B.A. and M.A.C.T. from the University of North Carolina, Chapel Hill, in 1968 and 1972, respectively, and an Ed.D. from the University of North Carolina, Greensboro, in 1985.

Foxx worked as an instructor at Caldwell Community College in Hudson, NC, and an instructor and assistant dean at Appalachian State University in Boone, NC. She owned a landscape nursery and served as Deputy Secretary for Management at the North Carolina Department of Administration.

About Public Storage

Public Storage (NYSE: PSA) is a real estate investment trust (REIT) that specializes in self-storage services. Headquartered in Glendale, California, the company was founded in the early 1970s and has grown through development and acquisitions to become one of the largest owner-operators of self-storage facilities in the United States. It is publicly traded on the New York Stock Exchange under the ticker PSA.

The company’s core business is the ownership, operation and management of self-storage properties that serve both residential and commercial customers.