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Fifth Third Bancorp Trims Stock Holdings in Public Storage $PSA
Fifth Third Bancorp recently reduced its holdings in Public Storage (NYSE: PSA) by 7.3% in the fourth quarter, selling 3,659 shares and retaining 46,752 shares valued at $12.13 million. Despite this, other major institutions like Vanguard Group Inc. and JPMorgan Chase & Co. increased their stakes, with institutional investors now owning about 78.79% of the company. Public Storage reported stronger-than-expected Q4 EPS of $2.71, issued optimistic FY2026 guidance, and offers a quarterly dividend of $3.00, yielding 4.0%.