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flag Bessemer Group cuts Public Storage shares, but firm's Q1 earnings beat analysts' forecasts.

flag Bessemer Group Inc. reduced its Public Storage (PSA) stock position by 9.3%, selling 5,650 shares, while Sequoia Financial Advisors LLC and Golden State Wealth Management LLC increased their holdings. flag Public Storage, a self-storage REIT, reported a 4.2% revenue increase and $4.12 EPS for Q1, surpassing analyst expectations. flag The stock has a "Moderate Buy" rating and a $337.64 average price target.

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