Bailard Inc. acquired a new position in shares of Postal Realty Trust, Inc. (NYSE:PSTL – Free Report) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 46,300 shares of the company’s stock, valued at approximately $747,000.
Several other institutional investors and hedge funds have also modified their holdings of PSTL. Strs Ohio bought a new stake in shares of Postal Realty Trust during the 1st quarter worth $54,000. Federated Hermes Inc. lifted its position in shares of Postal Realty Trust by 1,156.7% during the 2nd quarter. Federated Hermes Inc. now owns 3,770 shares of the company’s stock worth $56,000 after buying an additional 3,470 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Postal Realty Trust by 360.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,882 shares of the company’s stock worth $57,000 after buying an additional 3,038 shares during the last quarter. Comerica Bank lifted its position in shares of Postal Realty Trust by 151.0% during the 1st quarter. Comerica Bank now owns 4,287 shares of the company’s stock worth $61,000 after buying an additional 2,579 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of Postal Realty Trust during the 3rd quarter worth $74,000. 57.89% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several brokerages recently weighed in on PSTL. BMO Capital Markets upgraded Postal Realty Trust from a “market perform” rating to an “outperform” rating and set a $23.00 price objective for the company in a research report on Friday, April 17th. Stifel Nicolaus upped their price objective on Postal Realty Trust from $22.25 to $23.25 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Zacks Research cut Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Postal Realty Trust in a report on Tuesday, April 14th. Finally, JPMorgan Chase & Co. upped their target price on Postal Realty Trust from $17.00 to $20.00 and gave the stock a “neutral” rating in a report on Monday, March 16th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $22.71.
Postal Realty Trust Price Performance
Shares of PSTL opened at $23.05 on Friday. Postal Realty Trust, Inc. has a 12-month low of $12.90 and a 12-month high of $23.87. The business has a 50-day simple moving average of $20.27 and a two-hundred day simple moving average of $18.02. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 1.04. The stock has a market cap of $636.67 million, a PE ratio of 45.20 and a beta of 0.78.
Postal Realty Trust (NYSE:PSTL – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Postal Realty Trust had a return on equity of 4.53% and a net margin of 15.84%.The business had revenue of $26.65 million during the quarter, compared to analysts’ expectations of $25.43 million. Postal Realty Trust has set its FY 2026 guidance at 1.400-1.420 EPS. Analysts anticipate that Postal Realty Trust, Inc. will post 1.21 earnings per share for the current fiscal year.
Postal Realty Trust Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a $0.245 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Friday, May 15th. Postal Realty Trust’s dividend payout ratio is presently 192.16%.
Postal Realty Trust Profile
Postal Realty Trust is a real estate investment trust that acquires, owns and manages single-tenant commercial properties net-leased primarily to the United States Postal Service and other government agencies. The trust focuses on facilities that support mail processing, distribution and retail operations, targeting assets that offer long-term, inflation-protected lease structures.
The company’s portfolio includes post offices, distribution centers and mail processing facilities located throughout the contiguous United States.
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