The Manufacturers Life Insurance Company Sells 4,241 Shares of Public Storage $PSA
MarketBeat
The Manufacturers Life Insurance Company reduced its stake in Public Storage (NYSE:PSA) by 4.1% in the second quarter, selling 4,241 shares but still retaining a significant holding valued at $31.7 million. Public Storage reported strong quarterly earnings of $4.17 EPS, surpassing estimates, though revenue saw a slight year-over-year decline. The company also declared a $3.00 quarterly dividend and maintains a consensus "Hold" rating from analysts with an average price target of $327.05.
Read the full story
This is a short summary. The complete article is published by MarketBeat.
Headline and summary aggregated from public news feeds. For information only — not financial advice.