Public Storage (PSA) Ownership Decreased by Alliancebernstein LP

US Bancorp DE boosted its position in Public Storage (NYSE:PSA) by 1.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. Goldman Sachs Group has an ownership of 2,647,175 stocks of the real estate investment trust's shares valued at $217,386,000 after scooping up an extra 580,486 shares through out the previous quarter, State Street raised its stake in Life Storage by 1.0% in the Q1. Private Asset Management Inc. raised its stake in shares of Public Storage by 6.3% in the first quarter.

A number of other large investors have also recently added to or reduced their stakes in LSI. Guardian Life Insurance Co. of America increased its stake in shares of Public Storage by 0.9% in the first quarter. Creative Planning now owns 9,099 shares of the real estate investment trust's stock valued at $1,992,000 after buying an additional 25 shares in the last quarter. Finally, Capital Management Corp VA increased its stake in shares of Life Storage by 0.8% in the second quarter. Quadrant Capital Group LLC now owns 629 shares of the real estate investment trust's stock worth $130,000 after buying an additional 3 shares in the last quarter.

Sumitomo Mitsui Asset Management Company cut its position in stocks of Life Storage, (NYSE:LSI) by 4.0% through out the Fiscal Q2, based on the latest document with the SEC. Patriot Wealth Management Inc. now owns 37,969 shares of the real estate investment trust's stock worth $7,918,000 after buying an additional 1,230 shares during the period. As of the latest earnings report the EPS was $7.01 and is estimated to be $7.09 for the current year with 174,002,000 shares now outstanding. Hanson McClain Inc. raised its position in Public Storage by 0.3% in the first quarter. Alpha Windward LLC now owns 926 shares of the real estate investment trust's stock valued at $203,000 after buying an additional 12 shares in the last quarter. The Firm seeks long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals.

CNN severs ties with Jeffrey Lord
Conservative commentator Jeffrey Lord spoke out about being fired from CNN , saying " CNN caved" when they let him go on Thursday. At the time, CNN's other conservative commentators were all mostly dismissive of the seriousness of Mr Trump's candidacy.

Shares of Public Storage (PSA) traded down 0.11% on Monday, reaching $200.65. The firm has a market cap of $34.91 billion, a P/E ratio of 28.62 and a beta of 0.41. Public Storage has a 12 month low of $192.15 and a 12 month high of $233.39. The firm's 50-day moving average is $206.45 and its 200-day moving average is $215.43.

Public Storage (NYSE:PSA) last announced its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $1.59 earnings per share for the quarter, missing analysts' consensus estimates of $2.54 by $0.95. The company had revenue of $624.20 million during the quarter, compared to analyst estimates of $626.27 million. Life Storage had a net margin of 10.28% and a return on equity of 2.56%. The ex-dividend date of this dividend was Thurs, Jul 13th. this indicates a $4.00 dividend on a yearly basis and a payout of of 5.48%. During the same quarter in the prior year, the firm earned $2.40 earnings per share. Next quarter's EPS is forecasted at $2.01 with next year's EPS anticipated to be $7.88. Additionally the company recently declared a dividend that will be paid on Thursday the 28th of September 2017. Stockholders of record on Wednesday, September 13th will be given a dividend of $2.00 per share. The dividend yield will be $3.99. The ex-dividend date will be Monday the 12th of June 2017. Public Storage's dividend payout ratio (DPR) is now 113.96%.

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Apple to make iPhone 8 screen bigger than iPhone 7
According to several reports and rumours - and now hands-on videos - the new iPhone 8 will be radically different to the iPhone 7. Interestingly, though, most rumours and mock-ups point to a vertically mounted array, with one lens above the other.

Public Storage (NYSE:PSA) was downgraded by research analysts at BidaskClub from a "sell" rating to a "strong sell" rating in a report issued on Monday, July 31st. Bank of America maintained the shares of PSA in report on Thursday, July 20 with "Neutral" rating. Bank of America Corporation dropped their price objective on Public Storage from $222.00 to $218.00 and set a "neutral" rating for the company in a research note on Thursday, July 20th. Cantor Fitzgerald cut their target price on shares of Public Storage from $222.00 to $216.00 and set a "neutral" rating for the company in a research note on Monday, May 22nd. Jefferies Group LLC reissued a "hold" rating and issued a $222.00 target price on shares of Public Storage in a report on Friday, July 14th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the company. Public Storage has an average rating of "Hold" and a consensus price target of $221.64. The shares were purchased at an average price of $73.04 per share, with a total value of $51,128.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The average 1 year price target among brokers that have issued a report on the stock in the last year is $86.67.

The Company's divisions include Self-Storage Operations, Ancillary Operations, Investment in PS Business Parks, Inc.

Texas vehicle tumbles seven stories
The woman in the vehicle which plummeted over the edge suffered minor injuries in the spectacular smash, and has since recovered. On Sept. 12, 2016, another vehicle went over the side of the same parking garage, but was suspended by a wire.

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