Public Storage (PSA) to pay $2.00 on Dec 30, 2019; 1 Analysts Covering Patrick Industries, Inc. (PATK)

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Among 2 analysts covering Patrick Industries (NASDAQ:PATK), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Patrick Industries has $54 highest and $3600 lowest target. $45’s average target is -12.57% below currents $51.47 stock price. Patrick Industries had 3 analyst reports since September 4, 2019 according to SRatingsIntel. The stock of Patrick Industries, Inc. (NASDAQ:PATK) earned “Underperform” rating by Bank of America on Wednesday, September 4. Robert W. Baird maintained Patrick Industries, Inc. (NASDAQ:PATK) on Friday, October 25 with “Buy” rating. See Patrick Industries, Inc. (NASDAQ:PATK) latest ratings:

14/11/2019 Broker: BidaskScore Rating: Hold Downgrade
25/10/2019 Broker: Robert W. Baird Rating: Buy New Target: $54 Maintain
04/09/2019 Broker: Bank of America Rating: Underperform Old Target: $51.0000 New Target: $36.0000 Maintain

Public Storage (NYSE:PSA) is expected to pay $2.00 on Dec 30, 2019. (NYSE:PSA) shareholders before Dec 12, 2019 will receive the $2.00 dividend. Public Storage’s current price of $211.97 translates into 0.94% yield. Public Storage’s dividend has Dec 13, 2019 as record date. Oct 29, 2019 is the announcement. The stock increased 0.01% or $0.03 during the last trading session, reaching $211.97. About 383,622 shares traded. Public Storage (NYSE:PSA) has risen 13.17% since December 4, 2018 and is uptrending. It has outperformed by 13.17% the S&P500. Some Historical PSA News: 27/04/2018 – Public Storage Opens New Frisco, Texas, Storage Facility; 30/05/2018 – PSA AFFILIATE, SHURGARD SELF STORAGE EUROPE, CONSIDERING AN IPO; 12/04/2018 – LGT Capital Adds Intuit, Exits Public Storage, Cuts Akamai: 13F; 25/04/2018 – Public Storage 1Q Rev $669.9M; 29/05/2018 – Public Storage Presentation at NAREIT REITweek 2018 to be Webcast; 25/04/2018 – Public Storage 1Q Net $343M; 30/05/2018 – Public Storage’s Affiliate, Shurgard Self Storage Europe S.a.r.l., is Considering an Initial Public Offering; 25/04/2018 – PUBLIC STORAGE – QTRLY CORE FFO PER SHARE $2.48; 21/04/2018 – DJ Public Storage, Inst Holders, 1Q 2018 (PSA); 25/04/2018 – Public Storage 1Q EPS $1.65

Investors sentiment increased to 1.08 in 2019 Q2. Its up 0.29, from 0.79 in 2019Q1. It improved, as 15 investors sold Patrick Industries, Inc. shares while 70 reduced holdings. 19 funds opened positions while 48 raised stakes. 21.23 million shares or 59.00% less from 51.77 million shares in 2019Q1 were reported. Aurora Investment Counsel has 0.66% invested in Patrick Industries, Inc. (NASDAQ:PATK). Bridgeway Cap invested in 0% or 5,000 shares. 415,300 are held by Timessquare Capital Mgmt. Bnp Paribas Arbitrage Sa reported 0% of its portfolio in Patrick Industries, Inc. (NASDAQ:PATK). Icon Advisers Communication holds 9,200 shares. Qs Ltd Limited Liability Company stated it has 129,200 shares. Ontario – Canada-based Manufacturers Life Co The has invested 0% in Patrick Industries, Inc. (NASDAQ:PATK). Renaissance Ltd has 0.02% invested in Patrick Industries, Inc. (NASDAQ:PATK) for 8,117 shares. Matarin Capital Mgmt Lc, a Connecticut-based fund reported 284,403 shares. Meeder Asset Mngmt Inc reported 644 shares. Financial Bank Of America Corporation De stated it has 314,965 shares or 0% of all its holdings. Sg Americas Securities Ltd Llc accumulated 16,364 shares. Deutsche Bank Ag accumulated 126,143 shares or 0% of the stock. D E Shaw & Comm holds 0% or 5,076 shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) holds 1,485 shares or 0% of its portfolio.

The stock increased 3.52% or $1.75 during the last trading session, reaching $51.47. About 41,326 shares traded. Patrick Industries, Inc. (NASDAQ:PATK) has declined 24.24% since December 4, 2018 and is downtrending. It has underperformed by 24.24% the S&P500. Some Historical PATK News: 30/04/2018 – Patrick Industries, Inc. Completes Acquisition Of Dehco, Inc; 31/05/2018 – Patrick Industries Expects the Acquisition to Be Immediately Accretive to Net Income Per Shr; 19/03/2018 – PATRICK INDUSTRIES BUYS COLLINS & CO. FOR ABOUT $36.5M; 31/05/2018 – Patrick Industries, Inc. Completes Acquisition Of Dowco, Inc; 26/04/2018 – Patrick Industries 1Q EPS $1.20; 26/04/2018 – Patrick Industries 1Q Net $30.1M; 26/04/2018 – Patrick Industries Closes Above 200-Day Average: Technicals; 22/03/2018 – Patrick Industries Closes Below 50-Day Average: Technicals; 18/05/2018 – PATRICK INDUSTRIES INC – INCREASED SHARE REPURCHASE AUTHORIZATION INCLUDES AMOUNT REMAINING UNDER PREVIOUS AUTHORIZATION; 05/04/2018 – Copper Rock Capital Partners Buys 1.3% of Patrick Industries

Patrick Industries, Inc. manufactures and distributes building products and materials for the recreational vehicle, manufactured housing, and industrial markets in the United States and Canada. The company has market cap of $1.18 billion. The Company’s Manufacturing segment makes and fabricates decorative vinyl and paper laminated panels; fabricated aluminum products; wrapped vinyl, paper, and hardwood profile moldings; solid surface, granite, and quartz countertops; cabinet doors and components; hardwood furniture; fiberglass bath and shower surrounds and fixtures; fiberglass marine helms; fiberglass and plastic component products; slide-out trim and fascia; interior passage doors; RV paintings; softwoods lumber; simulated wood and stone products; slotwall panels and components; and others. It has a 12.41 P/E ratio. It also offers custom fabrication, edge-banding, drilling, boring, and cut-to-size services.

More notable recent Patrick Industries, Inc. (NASDAQ:PATK) news were published by: Seekingalpha.com which released: “Dividends back on at Patrick Industries – Seeking Alpha” on December 03, 2019, also Seekingalpha.com with their article: “Patrick Industries outlines succession plan – Seeking Alpha” published on November 18, 2019, Finance.Yahoo.com published: “Don’t Ignore The Fact That This Insider Just Sold Some Shares In Patrick Industries, Inc. (NASDAQ:PATK) – Yahoo Finance” on November 11, 2019. More interesting news about Patrick Industries, Inc. (NASDAQ:PATK) were released by: Finance.Yahoo.com and their article: “Patrick Industries (NASDAQ:PATK) Shareholders Have Enjoyed An Impressive 155% Share Price Gain – Yahoo Finance” published on October 24, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Patrick Industries, Inc.’s (NASDAQ:PATK) P/E Ratio Really That Good? – Yahoo Finance” with publication date: October 04, 2019.

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. The company has market cap of $37.03 billion. The Company's headquarters are located in Glendale, California. It has a 25.06 P/E ratio. At December 31, 2017, we had interests in 2,386 self-storage facilities located in 38 states with approximately 159 million net rentable square feet in the United States and 222 storage facilities located in seven Western European nations with approximately 12 million net rentable square feet operated under the ?Shurgard? brand.

Among 8 analysts covering Public Storage (NYSE:PSA), 2 have Buy rating, 2 Sell and 4 Hold. Therefore 25% are positive. Public Storage has $28500 highest and $22800 lowest target. $248.38’s average target is 17.18% above currents $211.97 stock price. Public Storage had 15 analyst reports since June 5, 2019 according to SRatingsIntel. The stock of Public Storage (NYSE:PSA) earned “Sell” rating by Barclays Capital on Friday, October 11. The company was downgraded on Tuesday, October 1 by Evercore. The firm has “Equal-Weight” rating by Morgan Stanley given on Monday, September 16. The stock has “Hold” rating by SunTrust on Tuesday, August 27. The firm has “Neutral” rating by Robert W. Baird given on Wednesday, August 21. The stock has “Neutral” rating by Citigroup on Wednesday, September 11. The firm earned “Buy” rating on Monday, December 2 by Argus Research. On Wednesday, October 30 the stock rating was maintained by Stifel Nicolaus with “Buy”.

Patrick Industries, Inc. (NASDAQ:PATK) Institutional Positions Chart

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