Public Storage News

Public Storage Inc., a self-storage real estate investment trust with more than 2,000 facilities, recently opened the largest facility in its portfolio in Bronx, N.Y. The 12-story facility, 385 Gerard Ave. at E. 144th St., has more than 4,000 units.

Several other analysts have also recently commented on the stock. Analysts at TheStreet reiterated a "buy" rating on shares of Public Storage in a research note to investors on Monday, June 10th.

's 5.625% Cumulative Preferred Share of Beneficial Interest, Series U were yielding above the 6% mark based on its quarterly dividend , with shares changing hands as low as $23.32 on the day.

's stock had its "buy" rating restated by investment analysts at TheStreet in a note issued to investors on Monday, Stock Ratings Network reports.

's 6.5% Cumulative Preferred Share of Beneficial Interest, Series P will trade ex-dividend, for its quarterly dividend of $0.4062, payable on 6/27/13.

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Real estate investment trust American Homes 4 Rent filed with regulators on Tuesday to raise up to $1.25 billion in an initial public offering of its Class A shares.

Benefiting from a lower cost of unsecured debt, 'A' category issuers outperform their peers for bondholders and shareholders alike.

The Huntington Library has received a $32 million gift from investor and philanthropist Charles T. Munger to help build a new education and visitor center at the San Marino, Calif., institution.

PSA investors should be aware of a decrease in hedge fund interest in recent months.