Extra Space Storage (EXR) : Independent Order Of Foresters scooped up 9,300 additional shares in Extra Space Storage during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 57,000 shares of Extra Space Storage which is valued at $4,266,450.Extra Space Storage makes up approximately 3.69% of Independent Order Of Foresters’s portfolio.
Other Hedge Funds, Including , Nuveen Fund Advisors boosted its stake in EXR in the latest quarter, The investment management firm added 593 additional shares and now holds a total of 6,501 shares of Extra Space Storage which is valued at $479,514. Extra Space Storage makes up approx 0.07% of Nuveen Fund Advisors’s portfolio. King Luther Capital Management Corp sold out all of its stake in EXR during the most recent quarter. The investment firm sold 2,445 shares of EXR which is valued $179,561. Affinity Investment Advisors sold out all of its stake in EXR during the most recent quarter. The investment firm sold 2,233 shares of EXR which is valued $165,443.Cam Group Holding As boosted its stake in EXR in the latest quarter, The investment management firm added 7,800 additional shares and now holds a total of 24,900 shares of Extra Space Storage which is valued at $1,753,458. Extra Space Storage makes up approx 0.03% of Cam Group Holding As’s portfolio.Pggm Investments reduced its stake in EXR by selling 550,552 shares or 22.98% in the most recent quarter. The Hedge Fund company now holds 1,845,000 shares of EXR which is valued at $140,718,150. Extra Space Storage makes up approx 0.72% of Pggm Investments’s portfolio.
Extra Space Storage opened for trading at $70.62 and hit $71.12 on the upside on Monday, eventually ending the session at $70.61, with a gain of 0.14% or 0.1 points. The heightened volatility saw the trading volume jump to 8,77,861 shares. Company has a market cap of $8,883 M.
On the company’s financial health, Extra Space Storage reported $1.02 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Oct 26, 2016. Analyst had a consensus of $1.00. The company had revenue of $257.20 million for the quarter, compared to analysts expectations of $218.17 million. The company’s revenue was up 30.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 EPS.
Extra Space Storage Inc. is a fully integrated self-administered and self-managed real estate investment trust (REIT). The Company owns operates manages acquires develops and redevelops professionally managed self-storage properties (stores). The Company operates through three segments: rental operations; tenant reinsurance and property management acquisition and development. The Company’s rental operations activities include rental operations of self-storage stores. Tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in the Company’s self-storage facilities. The Company’s property management acquisition and development activities include managing acquiring developing and selling self-storage stores. As of December 31 2014 it held ownership interests in 828 operating stores. Of these operating stores 557 are wholly owned and 271 are owned in joint venture partnerships.