Arrowgrass Capital Partners LP Lowered Extra Space Storage (EXR) Stake by $12.64 Million; Stock Rose; Trinity Inds (TRN) Market Valuation Rose While Valueact Holdings LP Has Increased Stake

Trinity Industries, Inc. (NYSE:TRN) Logo

Nick Niell decreased its stake in Extra Space Storage Inc (EXR) by 72.4% based on its latest 2018Q1 regulatory filing with the SEC. Arrowgrass Capital Partners Lp sold 145,300 shares as the company’s stock rose 9.80% while stock markets declined. The hedge fund run by Nick Niell held 55,400 shares of the real estate investment trusts company at the end of 2018Q1, valued at $4.84M, down from 200,700 at the end of the previous reported quarter. Arrowgrass Capital Partners Lp who had been investing in Extra Space Storage Inc for a number of months, seems to be less bullish one the $12.77B market cap company. The stock increased 1.35% or $1.29 during the last trading session, reaching $96.94. About 684,897 shares traded. Extra Space Storage Inc. (NYSE:EXR) has risen 20.38% since May 31, 2017 and is uptrending. It has outperformed by 7.81% the S&P500.

Jeffrey Ubben increased its stake in Trinity Inds Inc (TRN) by 15.05% based on its latest 2018Q1 regulatory filing with the SEC. Valueact Holdings Lp bought 2.80M shares as the company’s stock rose 5.10% while stock markets declined. The hedge fund run by Jeffrey Ubben held 21.41M shares of the capital goods company at the end of 2018Q1, valued at $698.54 million, up from 18.61M at the end of the previous reported quarter. Valueact Holdings Lp who had been investing in Trinity Inds Inc for a number of months, seems to be bullish on the $5.25B market cap company. The stock increased 0.31% or $0.11 during the last trading session, reaching $35.17. About 3.05 million shares traded or 37.18% up from the average. Trinity Industries, Inc. (NYSE:TRN) has risen 35.19% since May 31, 2017 and is uptrending. It has outperformed by 22.62% the S&P500.

Investors sentiment decreased to 1.01 in Q1 2018. Its down 0.19, from 1.2 in 2017Q4. It dived, as 34 investors sold EXR shares while 141 reduced holdings. 55 funds opened positions while 121 raised stakes. 125.29 million shares or 2.55% less from 128.58 million shares in 2017Q4 were reported. Bancorp Of Nova Scotia owns 0.03% invested in Extra Space Storage Inc. (NYSE:EXR) for 58,811 shares. Cibc Ww reported 8,957 shares stake. Sun Life Fincl Inc owns 263 shares. Old Mutual Customised Solutions (Proprietary) holds 1,000 shares. Dnb Asset Mngmt As reported 12,800 shares. Fifth Third Bancorporation owns 9,651 shares. 25,172 were accumulated by Mackay Shields Limited Liability Company. Riverhead Ltd Limited Liability Company holds 0.02% in Extra Space Storage Inc. (NYSE:EXR) or 4,802 shares. Confluence Wealth Mgmt Limited Liability Company holds 0.34% or 7,690 shares in its portfolio. California Public Employees Retirement has 0.05% invested in Extra Space Storage Inc. (NYSE:EXR) for 397,180 shares. Teachers Insurance Annuity Association Of America has invested 1.13% in Extra Space Storage Inc. (NYSE:EXR). Legal And General Group Incorporated Public Limited Com has 914,548 shares for 0.06% of their portfolio. Utah Retirement Sys has invested 0.05% of its portfolio in Extra Space Storage Inc. (NYSE:EXR). 375,870 were reported by Mitsubishi Ufj Tru & Bk. Employees Retirement System Of Texas has 0.01% invested in Extra Space Storage Inc. (NYSE:EXR) for 7,000 shares.

Arrowgrass Capital Partners Lp, which manages about $14.76 billion and $2.92B US Long portfolio, upped its stake in Nxp Semiconductors N V (NASDAQ:NXPI) by 2.38 million shares to 4.82 million shares, valued at $563.47 million in 2018Q1, according to the filing. It also increased its holding in Depomed Inc (Prn) by 5,272 shares in the quarter, for a total of 27,341 shares, and has risen its stake in Union Pac Corp (NYSE:UNP).

Since January 17, 2018, it had 0 insider buys, and 13 insider sales for $7.58 million activity. $792,978 worth of Extra Space Storage Inc. (NYSE:EXR) shares were sold by Stubbs P Scott. $72,935 worth of Extra Space Storage Inc. (NYSE:EXR) was sold by OVERTURF JAMES on Wednesday, January 17. Woolley Kenneth M. sold $4.06 million worth of stock or 46,779 shares. $155,255 worth of Extra Space Storage Inc. (NYSE:EXR) was sold by McNeal Gwyn Goodson. 2,292 Extra Space Storage Inc. (NYSE:EXR) shares with value of $209,305 were sold by SKOUSEN K FRED. On Monday, February 26 Olmstead Diane sold $124,983 worth of Extra Space Storage Inc. (NYSE:EXR) or 1,436 shares.

More news for Extra Space Storage Inc. (NYSE:EXR) were recently published by: Globenewswire.com, which released: “Report: Developing Opportunities within Integer, Sykes Enterprises, Protagonist Therapeutics, Egalet, Watsco, and …” on May 22, 2018. Streetinsider.com‘s article titled: “Extra Space Storage (EXR) Tops Q1 EPS by 5c” and published on May 01, 2018 is yet another important article.

Analysts await Extra Space Storage Inc. (NYSE:EXR) to report earnings on August, 7. They expect $1.15 earnings per share, up 5.50% or $0.06 from last year’s $1.09 per share. EXR’s profit will be $151.50M for 21.07 P/E if the $1.15 EPS becomes a reality. After $1.09 actual earnings per share reported by Extra Space Storage Inc. for the previous quarter, Wall Street now forecasts 5.50% EPS growth.

Among 16 analysts covering Extra Space Storage Inc. (NYSE:EXR), 5 have Buy rating, 1 Sell and 10 Hold. Therefore 31% are positive. Extra Space Storage Inc. had 56 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Extra Space Storage Inc. (NYSE:EXR) has “Buy” rating given on Tuesday, May 8 by Bank of America. The company was initiated on Wednesday, November 11 by BB&T Capital. The stock has “Hold” rating by KeyBanc Capital Markets on Wednesday, October 11. The stock of Extra Space Storage Inc. (NYSE:EXR) has “Outperform” rating given on Thursday, July 23 by Robert W. Baird. The stock has “Hold” rating by SunTrust on Wednesday, November 22. The firm earned “Hold” rating on Thursday, July 20 by Bank of America. As per Tuesday, September 8, the company rating was maintained by Evercore. The rating was maintained by SunTrust on Friday, April 13 with “Hold”. The company was downgraded on Tuesday, December 20 by Jefferies. Raymond James upgraded the shares of EXR in report on Friday, November 13 to “Strong Buy” rating.

Investors sentiment decreased to 0.97 in Q1 2018. Its down 0.08, from 1.05 in 2017Q4. It dived, as 36 investors sold TRN shares while 117 reduced holdings. 51 funds opened positions while 98 raised stakes. 129.79 million shares or 1.11% more from 128.36 million shares in 2017Q4 were reported. Strs Ohio has invested 0.23% of its portfolio in Trinity Industries, Inc. (NYSE:TRN). Walleye Trading Ltd reported 0.01% stake. Amp Cap Investors Limited holds 23,009 shares. Hap Trading Limited Com, New York-based fund reported 235,312 shares. 24,098 were accumulated by Jefferies Gru Limited Liability Co. Brandywine Global Inv Mngmt Ltd stated it has 523,407 shares or 0.11% of all its holdings. 154,171 are held by Oppenheimer Asset Mgmt Incorporated. First Lp stated it has 759,844 shares. Vanguard Group Inc holds 12.72 million shares or 0.02% of its portfolio. Parametric Portfolio Associates Llc owns 715,405 shares for 0.02% of their portfolio. Psagot Invest House Limited stated it has 34,000 shares or 0.05% of all its holdings. Intrust Bancorporation Na has invested 0.1% in Trinity Industries, Inc. (NYSE:TRN). Earnest Prns Limited Liability Corp accumulated 96 shares. Kempen Capital Mngmt Nv has 0.91% invested in Trinity Industries, Inc. (NYSE:TRN). Jacobs Levy Equity Management owns 354,110 shares for 0.19% of their portfolio.

Since February 28, 2018, it had 5 insider purchases, and 0 selling transactions for $91.69 million activity.

Extra Space Storage Inc. (NYSE:EXR) Institutional Positions Chart