PSB PS Business Parks Dashboard

PS Business Parks, Inc. is a fully-integrated, self-advised, and self-managed real estate investment trust, which engages in the ownership, operation, acquisition, and development of commercial properties, primarily multi-tenant flex, office, and industrial space. Its commercial real estate properties include warehouse and office space. The company was founded in 1986 and is headquartered in Glendale, CA.

Company profile

Ticker

PSB, PSB+Z

Exchange

NYSE

Website

www.psbusinessparks.com

CEO

John W. Petersen

Incorporated

California

Location

California

Fiscal year end

Dec 31

Sector

Finance and Insurance > Other Financial Vehicles

Industry (SIC)

Real Estate Investment Trusts

Annaly Capital Management • Brookfield Property REIT • Simon Property • VEREIT • Erp Operating LTD Partnership • Equity Residential Properties Trust • Prologis • AGNC Investment • Boston Properties • Boston Properties LTD Partnership ...

Former names

PUBLIC STORAGE PROPERTIES XI INC

SEC CIK

0000866368

Corporate docs

Articles of Incorporation & Bylaws

IRS number

954300881

PSB stock data

S&P 500

1M 1Y 2Y 5Y

News

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Stocks That Hit 52-Week Highs On Monday

29 Mar 21

Monday's morning session saw 201 companies set new 52-week highs.

Stocks That Hit 52-Week Highs On Friday

12 Mar 21

Before 10 a.m. ET on Friday, 571 companies hit new 52-week highs.

Recap: PS Business Parks Q4 Earnings

22 Feb 21

Shares of PS Business Parks (NYSE:PSB) moved lower in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 0.61% year over year to $1.66, which beat the estimate of $0.74.

PS Business Parks Q4 EPS $0.98 Beats $0.74 Estimate, Sales $105.09M Beat $102.77M Estimate

22 Feb 21

Earnings Scheduled For February 22, 2021

22 Feb 21

Press releases

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PS Business Parks, Inc. to Release First Quarter 2021 Earnings and Host Quarterly Conference Call

9 Apr 21

PS Business Parks, Inc. (NYSE:PSB) announced today that it intends to release its first quarter 2021 earnings after the close of business on Tuesday, April 27, 2021. A conference call is scheduled for Wednesday, April

Public Storage to Release First Quarter 2021 Earnings Results and Host Quarterly Conference Call

9 Apr 21

Public Storage (NYSE:PSA) announced today it intends to release its first quarter 2021 earnings results on Wednesday, April 28, 2021. A conference call is scheduled for Thursday, April 29, 2021, at 9:00 a.m. (PDT) to

Public Storage to Participate in the Citi 2021 Global Property CEO Conference

9 Mar 21

Public Storage (NYSE:PSA) announced today that the Company will participate in a roundtable discussion at the Citi 2021 Global Property CEO Conference on Wednesday, March 10, 2021, beginning at 4:15 p.m. (EST). The

PS Business Parks, Inc. Names Mac Chandler as President and Chief Executive Officer

2 Mar 21

Public Storage Reports Results for the Fourth Quarter and Year Ended December 31, 2020

24 Feb 21

Calendar

22 Feb 21

13 Apr 21

31 Dec 21

Financial summary

Financial statements Chart PSB financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	70.17M	70.17M	70.17M	70.17M	70.17M	70.17M
Cash burn (monthly)	16.27M	(positive/no burn)	19.61M	19.7M	(positive/no burn)	(positive/no burn)
Cash used (since last report)	55.86M	n/a	67.36M	67.64M	n/a	n/a
Cash remaining	14.31M	n/a	2.81M	2.53M	n/a	n/a
Runway (months of cash)	0.9	n/a	0.1	0.1	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

PSB insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
8 Apr 21	Havner Ronald L JR	Common Stock	Option exercise	Aquire M	No	No	58.66	2,068	121.31K	4,137
8 Apr 21	Havner Ronald L JR	Stock Option Common Stock	Option exercise	Dispose M	No	No	58.66	2,068	121.31K	0
5 Apr 21	Chandler, Iii Dan M.	Common Stock	Grant	Aquire A	No	No	0	41,329	0	41,329
15 Mar 21	Hawthorne Maria R	Common Stock	Payment of exercise	Dispose F	No	No	157.65	2,706	426.6K	58,080
15 Mar 21	Trenton Groves	Common Stock	Payment of exercise	Dispose F	No	No	157.65	724	114.14K	7,352

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

PSB institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

70.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	197	210	-6.2%
Opened positions	22	25	-12.0%
Closed positions	35	34	+2.9%
Increased positions	64	68	-5.9%
Reduced positions	89	87	+2.3%

13F shares	Current	Prev Q	Change
Total value	2.56B	2.35B	+8.8%
Total shares	19.23M	19.21M	+0.1%
Total puts	8.1K	4.7K	+72.3%
Total calls	0	0
Total put/call ratio	Infinity	Infinity	NaN%

Largest owners	Shares	Value	Change
Vanguard	3.07M	$407.61M	+1.0%
BLK Blackrock	2.87M	$381.48M	+3.5%
TROW T. Rowe Price	2.33M	$309.3M	+7.6%
Wellington Management	2.11M	$280.89M	+4.2%
PFG Principal Financial Group Inc - Registered Shares	1.12M	$148.43M	+18.2%
STT State Street	1.03M	$136.25M	+0.0%
NTRS Northern Trust	401.58K	$53.36M	-2.2%
Geode Capital Management	390.39K	$51.87M	-1.2%
GS Goldman Sachs	349.58K	$46.45M	-36.2%
Dimensional Fund Advisors	314.97K	$41.85M	-2.0%

Largest transactions	Shares	Bought/sold	Change
Nuveen Asset Management	249.12K	-273.42K	-52.3%
Norges Bank	250.76K	+250.76K	NEW
Artisan Partners Limited Partnership	204.54K	+204.54K	NEW
Westfield Capital Management	202.75K	+202.75K	NEW
GS Goldman Sachs	349.58K	-198.69K	-36.2%
APG Asset Management	0	-192.6K	EXIT
PFG Principal Financial Group Inc - Registered Shares	1.12M	+171.87K	+18.2%
TROW T. Rowe Price	2.33M	+165.1K	+7.6%
IVZ Invesco	47.71K	-155.88K	-76.6%
Balyasny Asset Management	5.93K	-99.27K	-94.4%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Good

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From filing 10-K 2020 FY