PharVision Advisers LLC Acquires Shares of 37,207 Postal Realty Trust, Inc. $PSTL

Key Points

• PharVision Advisers LLC purchased 37,207 shares of Postal Realty Trust, valued at approximately $531,000, making it the firm's 11th largest holding.
• The company's stock has a market capitalization of $391.56 million, a price-to-earnings (PE) ratio of 41.92, and a dividend yield of 6.1%.
• Recent analysts have set a price target of $17.75 on PSTL shares, with an average rating of "Buy" from market analysts.

PharVision Advisers LLC bought a new stake in shares of Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 37,207 shares of the company's stock, valued at approximately $531,000. Postal Realty Trust comprises 0.7% of PharVision Advisers LLC's investment portfolio, making the stock its 11th biggest position. PharVision Advisers LLC owned 0.16% of Postal Realty Trust as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Parallel Advisors LLC lifted its position in Postal Realty Trust by 964.5% during the first quarter. Parallel Advisors LLC now owns 1,948 shares of the company's stock valued at $28,000 after purchasing an additional 1,765 shares during the last quarter. NBC Securities Inc. lifted its holdings in shares of Postal Realty Trust by 124,900.0% in the 1st quarter. NBC Securities Inc. now owns 3,750 shares of the company's stock worth $53,000 after acquiring an additional 3,747 shares during the last quarter. Comerica Bank lifted its holdings in shares of Postal Realty Trust by 151.0% in the 1st quarter. Comerica Bank now owns 4,287 shares of the company's stock worth $61,000 after acquiring an additional 2,579 shares during the last quarter. New Age Alpha Advisors LLC bought a new stake in shares of Postal Realty Trust in the 1st quarter worth approximately $71,000. Finally, Signaturefd LLC lifted its holdings in shares of Postal Realty Trust by 206.0% in the 1st quarter. Signaturefd LLC now owns 5,679 shares of the company's stock worth $81,000 after acquiring an additional 3,823 shares during the last quarter. 57.89% of the stock is currently owned by institutional investors.

Postal Realty Trust Trading Up 0.5%

Postal Realty Trust stock traded up $0.08 during mid-day trading on Thursday, reaching $15.99. 66,674 shares of the company traded hands, compared to its average volume of 171,276. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.28 and a quick ratio of 1.28. The firm's 50 day moving average price is $14.93 and its 200 day moving average price is $14.17. The firm has a market capitalization of $392.94 million, a price-to-earnings ratio of 42.08 and a beta of 0.86. Postal Realty Trust, Inc. has a 52-week low of $12.26 and a 52-week high of $16.05.

Postal Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Thursday, July 31st were given a dividend of $0.2425 per share. This represents a $0.97 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend was Thursday, July 31st. Postal Realty Trust's payout ratio is presently 255.26%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on PSTL. Wall Street Zen upgraded shares of Postal Realty Trust from a "hold" rating to a "buy" rating in a report on Saturday, August 16th. Stifel Nicolaus set a $17.75 price objective on shares of Postal Realty Trust and gave the stock a "buy" rating in a report on Tuesday, August 5th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Postal Realty Trust has an average rating of "Buy" and a consensus price target of $17.75.

Postal Realty Trust Company Profile

Postal Realty Trust, Inc NYSE: PSTL is an internally managed real estate investment trust that owns properties primarily leased to the United States Postal Service ("USPS"). PSTL is focused on acquiring the network of USPS properties, which provide a critical element of the nation's logistics infrastructure that facilitates cost effective and efficient last-mile delivery solutions.