Osmosis Investment Management UK Ltd Invests $924,000 in Extra Space Storage Inc $EXR

Osmosis Investment Management UK Ltd purchased a new position in Extra Space Storage Inc (NYSE:EXR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,358 shares of the real estate investment trust’s stock, valued at approximately $924,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Reflection Asset Management bought a new position in Extra Space Storage in the 4th quarter worth about $26,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Extra Space Storage during the third quarter worth approximately $28,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of Extra Space Storage during the first quarter valued at approximately $30,000. CoreCap Advisors LLC raised its stake in shares of Extra Space Storage by 975.0% during the second quarter. CoreCap Advisors LLC now owns 258 shares of the real estate investment trust’s stock valued at $37,000 after acquiring an additional 234 shares in the last quarter. Finally, DV Equities LLC purchased a new stake in shares of Extra Space Storage in the fourth quarter valued at approximately $39,000. Institutional investors own 99.11% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on EXR shares. UBS Group increased their price objective on Extra Space Storage from $158.00 to $163.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Barclays lifted their target price on Extra Space Storage from $170.00 to $172.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. Raymond James Financial assumed coverage on Extra Space Storage in a report on Thursday, July 16th. They issued an “outperform” rating and a $44.00 target price for the company. Royal Bank Of Canada increased their price target on Extra Space Storage from $153.00 to $157.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 30th. Finally, Wells Fargo & Company raised their price target on Extra Space Storage from $154.00 to $158.00 and gave the company an “overweight” rating in a research note on Friday, July 24th. Six research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $148.53.

Insider Activity at Extra Space Storage

In related news, EVP Gwyn Goodson Mcneal sold 3,300 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $150.00, for a total value of $495,000.00. Following the completion of the transaction, the executive vice president directly owned 37,374 shares of the company’s stock, valued at $5,606,100. This trade represents a 8.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.96% of the stock is owned by insiders.

Extra Space Storage Stock Down 0.4%

Shares of EXR stock opened at $146.28 on Tuesday. Extra Space Storage Inc has a 1-year low of $125.71 and a 1-year high of $158.88. The stock’s fifty day moving average price is $147.30 and its 200 day moving average price is $143.88. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.56 and a quick ratio of 1.56. The company has a market cap of $30.91 billion, a price-to-earnings ratio of 32.29, a price-to-earnings-growth ratio of 4.22 and a beta of 1.18.

Extra Space Storage (NYSE:EXR) last released its quarterly earnings results on Tuesday, July 28th. The real estate investment trust reported $1.25 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.09. The company had revenue of $874.15 million during the quarter, compared to analysts’ expectations of $874.99 million. Extra Space Storage had a return on equity of 6.70% and a net margin of 27.80%.The firm’s revenue was up 3.9% compared to the same quarter last year. During the same period last year, the business posted $2.05 earnings per share. Extra Space Storage has set its FY 2026 guidance at 8.250-8.400 EPS. On average, research analysts expect that Extra Space Storage Inc will post 8.32 earnings per share for the current fiscal year.

Extra Space Storage Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $1.62 per share. The ex-dividend date is Tuesday, September 15th. This represents a $6.48 annualized dividend and a dividend yield of 4.4%. Extra Space Storage’s dividend payout ratio is 143.05%.

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.