Ancora Advisors LLC acquired a new stake in Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 153,772 shares of the company's stock, valued at approximately $3,789,000. Ancora Advisors LLC owned approximately 0.56% of Postal Realty Trust at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the stock. Kestra Advisory Services LLC bought a new position in Postal Realty Trust in the 4th quarter worth approximately $27,000. Parallel Advisors LLC boosted its position in Postal Realty Trust by 73.7% in the 4th quarter. Parallel Advisors LLC now owns 3,760 shares of the company's stock valued at $61,000 after buying an additional 1,595 shares during the last quarter. Federated Hermes Inc. boosted its position in Postal Realty Trust by 1,156.7% in the 2nd quarter. Federated Hermes Inc. now owns 3,770 shares of the company's stock valued at $56,000 after buying an additional 3,470 shares during the last quarter. Strs Ohio bought a new position in Postal Realty Trust in the 1st quarter valued at $54,000. Finally, Tower Research Capital LLC TRC increased its stake in shares of Postal Realty Trust by 360.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,882 shares of the company's stock valued at $57,000 after buying an additional 3,038 shares during the period. 57.89% of the stock is owned by institutional investors.
Postal Realty Trust Price Performance
Shares of PSTL opened at $23.83 on Thursday. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.92. Postal Realty Trust, Inc. has a 1 year low of $14.25 and a 1 year high of $25.22. The stock has a market cap of $658.28 million, a P/E ratio of 44.13 and a beta of 0.79. The stock's 50-day moving average price is $23.61 and its two-hundred day moving average price is $21.85.
Postal Realty Trust (NYSE:PSTL - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.01. The company had revenue of $28.58 million during the quarter, compared to analysts' expectations of $26.27 million. Postal Realty Trust had a return on equity of 4.63% and a net margin of 16.42%.Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. On average, equities analysts predict that Postal Realty Trust, Inc. will post 1.22 earnings per share for the current year.
Postal Realty Trust Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 14th will be issued a $0.245 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.98 annualized dividend and a dividend yield of 4.1%. Postal Realty Trust's payout ratio is 181.48%.
Wall Street Analyst Weigh In
A number of analysts recently commented on PSTL shares. Stifel Nicolaus lifted 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. Truist Financial upped their target price on shares of Postal Realty Trust from $23.00 to $25.00 and gave the company a "buy" rating in a research report on Tuesday, June 9th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Postal Realty Trust in a research note on Friday, July 10th. Scotiabank lowered their price target on shares of Postal Realty Trust from $26.00 to $25.00 and set a "sector outperform" rating for the company in a research report on Thursday, June 18th. Finally, Zacks Research upgraded shares of Postal Realty Trust from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $24.21.
Check Out Our Latest Research Report on Postal Realty Trust
Postal Realty Trust Profile
(
Free Report)
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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