Extra Space Storage Inc. (NYSE:EXR) Stock Holdings Boosted by Clarius Group LLC

Clarius Group LLC raised its position in shares of Extra Space Storage Inc. (NYSE:EXRGet Rating) by 5.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,459 shares of the real estate investment trust’s stock after purchasing an additional 70 shares during the quarter. Clarius Group LLC’s holdings in Extra Space Storage were worth $248,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EXR. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of Extra Space Storage during the 2nd quarter worth $29,000. Whittier Trust Co. lifted its holdings in shares of Extra Space Storage by 168.4% in the second quarter. Whittier Trust Co. now owns 255 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 160 shares in the last quarter. Sugarloaf Wealth Management LLC purchased a new stake in shares of Extra Space Storage in the second quarter valued at $44,000. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Extra Space Storage in the first quarter valued at $55,000. Finally, Venture Visionary Partners LLC purchased a new stake in shares of Extra Space Storage in the second quarter valued at $46,000. 95.10% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on EXR. StockNews.com began coverage on Extra Space Storage in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Citigroup increased their target price on Extra Space Storage to $229.00 in a report on Monday, August 22nd. Truist Financial increased their target price on Extra Space Storage from $200.00 to $225.00 and gave the company a “buy” rating in a report on Monday, August 15th. UBS Group cut their price objective on Extra Space Storage from $234.00 to $197.00 and set a “buy” rating for the company in a report on Monday, July 25th. Finally, Evercore ISI cut their price objective on Extra Space Storage from $196.00 to $188.00 and set an “in-line” rating for the company in a report on Tuesday, September 27th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Extra Space Storage currently has a consensus rating of “Hold” and an average price target of $202.11.

Extra Space Storage Price Performance

NYSE EXR opened at $155.30 on Friday. Extra Space Storage Inc. has a fifty-two week low of $149.78 and a fifty-two week high of $228.84. The stock’s 50-day moving average is $170.19 and its two-hundred day moving average is $178.56. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.49 and a quick ratio of 0.49. The firm has a market cap of $20.80 billion, a P/E ratio of 22.54, a price-to-earnings-growth ratio of 2.30 and a beta of 0.52.

Extra Space Storage Company Profile

(Get Rating)

Extra Space Storage Inc, headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of September 30, 2020, the Company owned and/or operated 1,906 self-storage stores in 40 states, Washington, DC and Puerto Rico. The Company's stores comprise approximately 1.4 million units and approximately 147.5 million square feet of rentable space.

See Also

Want to see what other hedge funds are holding EXR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Extra Space Storage Inc. (NYSE:EXRGet Rating).

Institutional Ownership by Quarter for Extra Space Storage (NYSE:EXR)

Receive News & Ratings for Extra Space Storage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Extra Space Storage and related companies with MarketBeat.com's FREE daily email newsletter.