“Big money” Positions
In 2018 Q2 PS Business Parks Inc (NYSE:PSB) big money sentiment increased to 1.23, according to SEC filings. That’s up 0.25, from 2018Q1’s 0.98. 85 investment managers started new or increased equity positions, while 69 cut down and sold holdings in PS Business Parks Inc so the sentiment is better. These funds own 19.20 million shares, that’s up from 18.88 million shares in 2018Q1. Funds holding PS Business Parks Inc in top 10 increased from 0 to 1 for an increase of 1. In total 16 funds closed positions, 53 reduced and 55 increased. Also 30 funds bought new PS Business Parks Inc stakes.
Largest PS Business Parks Inc Investors
As of 2018 Q2 Dean Capital Management has 1.71% invested in PS Business Parks Inc. As of 2018 Q2, 26,065 shares of PS Business Parks Inc are owned by Piermont Capital Management Inc.. Diligent Investors Llc reported 11,569 shares. The Ohio-based fund Dean Investment Associates Llc have invested about 0.86% of the investment manager’s stock portfolio in PS Business Parks Inc. The Georgia-based fund Cornercap Investment Counsel Inc looks positive on PS Business Parks Inc, possessing 20,420 shares.
PS Business Parks, Inc. is a real estate investment trust.The firm is valued at $4.75 billion. The firm invests in real estate markets of the United States.The P/E ratio is 24.21. It owns, operates, acquires and develops commercial properties primarily multi-tenant flex, office and industrial space.
Ticker’s shares touched $137.2 during the last trading session after 1.24% change.Currently PS Business Parks, Inc. is downtrending after 3.08% change in last November 10, 2017. PSB has also 60,056 shares volume. The stock underperformed the S&P500 by 18.70%.
California Public Employees Retirement Systems reported 52,578 shs. Loomis Sayles L P, a Massachusetts-based fund reported 262 shs. Putnam Investments Limited Liability Corp has 0% invested in PS Business Parks, Inc. (NYSE:PSB) for 1,902 shs. Clifford Swan Counsel Ltd holds 4,854 shs. Northern Trust Corp stated it has 0.02% in PS Business Parks, Inc. (NYSE:PSB). Piermont Capital Management holds 1.03% or 26,065 shs. Alliancebernstein L P has invested 0% in PS Business Parks, Inc. (NYSE:PSB). Chicago Equity Lc holds 0.05% of its capital in PS Business Parks, Inc. (NYSE:PSB) for 13,830 shs. Amundi Pioneer Asset Mngmt Inc owns 29,572 shs. Qs Lc reported 1,058 shs. Strs Ohio has 0.02% invested in PS Business Parks, Inc. (NYSE:PSB) for 33,996 shs. Glenmede Na has invested 0% in PS Business Parks, Inc. (NYSE:PSB). Parkside Bank & Trust And accumulated 17 shs. Rhumbline Advisers owns 0.02% invested in PS Business Parks, Inc. (NYSE:PSB) for 72,504 shs. Utd Service Automobile Association invested 0.01% of its capital in PS Business Parks, Inc. (NYSE:PSB).
PS Business Parks, Inc. had 4 insider sales and 0 buys since May 11, 2018. This’s net activity of $1.73 million. 1,500 PS Business Parks, Inc. (NYSE:PSB) shs with value of $174,226 were sold by RUSSELL JOSEPH D JR. Lewis Sara Grootwassink sold $879,587 worth of stock.
PS Business Parks, Inc. (NYSE:PSB) Ratings Coverage
In total 3 analysts cover PS Business Parks (NYSE:PSB). “Buy” rating has 0, “Sell” are 0, while 3 are “Hold”. 0 are bullish. 4 are the (NYSE:PSB)’s analyst reports since May 29, 2018 according to StockzIntelligence Inc. On Tuesday, May 29 the firm earned “Underweight” rating by JP Morgan. On Friday, June 15 the rating was upgraded by J.P. Morgan to “Hold”. The stock rating was maintained by Wells Fargo with “Market Perform” on Thursday, August 9. On Friday, June 15 the firm earned “Neutral” rating by JP Morgan.
More recent PS Business Parks, Inc. (NYSE:PSB) news were published by Seekingalpha.com, Businesswire.com and Globenewswire.com. The first one has “PS Business Parks, Inc. (PSB) CEO Maria Hawthorne on Q3 2018 Results – Earnings Call Transcript” as a title and was published on October 24, 2018. The next is “PS Business Parks, Inc. to Release Third Quarter 2018 Earnings and Host Quarterly Conference Call” on October 12, 2018. And last was published on October 31, 2018, called “New Research: Key Drivers of Growth for Penske Automotive Group, EMCOR Group, Mueller Industries, PS Business …”.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.