REIT Winners and Losers: Public Storage

Updated from 1:30 p.m. ET

Public Storage(PSA Quote) shares rose 8% a day after it reported a rise in operating income in the fourth quarter.

Shares were up 5.8% to $55.48 as the Glendale-Calif.-based self-storage provider reported net operating income rose $11.8 million, led by a $6.5 million increase in same-store operations.

Digital Realty Trust(DLR Quote) shares rose 4% to $29.89 after the real estate investment trust reported a 43% rise in funds from operations. Digital had FFO of $68.9 million, or 76 cents per share, compared with $38.9 million, or 53 cents per share, a year earlier. ...