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Extra Space Storage reports strong earnings, raises dividend, as major investors increase stock purchases.
Hutchens & Kramer Investment Management Group LLC bought $217,000 worth of Extra Space Storage Inc (EXR) stock, signaling increased optimism.
Extra Space Storage beat earnings expectations, reporting $2.00 EPS, and declared a $1.62 quarterly dividend, payable on June 30th.
Despite this, the stock has a consensus "Hold" rating with an average price target of $159.29.
Other firms like Robeco and Achmea have also adjusted their stakes in the company.
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Extra Space Storage reporta ganancias fuertes, aumenta el dividendo, mientras los grandes inversores aumentan las compras de acciones.