Public Storage $PSA Shares Sold by Sumitomo Mitsui Trust Group Inc.
Sumitomo Mitsui Trust Group Inc. reduced its stake in Public Storage (NYSE:PSA) by 4.1% in the second quarter, selling 34,264 shares and now holding 806,171 shares valued at $256.6 million. Despite this, institutional investors collectively own 78.79% of the REIT. Analysts maintain a "Hold" …