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Universal Beteiligungs und Servicegesellschaft mbH Has $54.95 Million Stake in Public Storage $PSA
Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in Public Storage (NYSE:PSA) by 11.2% in the fourth quarter, now holding 210,796 shares valued at $54.95 million. Several other institutional investors also adjusted their positions in PSA. Public Storage recently declared a quarterly dividend of $3.00, demonstrating a 3.9% yield, and analysts currently rate the stock as a “Moderate Buy” with an average target price of $308.50.