Principal Financial Group Inc. Invests $822,000 in Postal Realty Trust, Inc. $PSTL

Key Points

• Principal Financial Group initiated a $822,000 position in Postal Realty Trust, purchasing 44,263 shares, while institutional investors and hedge funds collectively own 57.89% of the company.
• Analysts maintain a positive outlook, with a consensus “Buy” rating and an average price target of $23.38; ratings include one Strong Buy, six Buys, and one Hold.
• Postal Realty Trust reported quarterly revenue of $26.65 million and EPS of $0.11, exceeding estimates, and pays a quarterly dividend of $0.245 per share, yielding approximately 4.3%.

Principal Financial Group Inc. bought a new stake in Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 44,263 shares of the company's stock, valued at approximately $822,000. Principal Financial Group Inc. owned about 0.16% of Postal Realty Trust as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Kestra Advisory Services LLC acquired a new position in Postal Realty Trust during the fourth quarter worth about $27,000. Strs Ohio purchased a new stake in Postal Realty Trust during the 1st quarter valued at about $54,000. Federated Hermes Inc. grew its stake in Postal Realty Trust by 1,156.7% during the 2nd quarter. Federated Hermes Inc. now owns 3,770 shares of the company's stock valued at $56,000 after acquiring an additional 3,470 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in 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 acquiring an additional 3,038 shares during the last quarter. Finally, Parallel Advisors LLC raised its holdings 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 acquiring an additional 1,595 shares during the last quarter. 57.89% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PSTL has been the topic of several recent research reports. Zacks Research upgraded Postal Realty Trust from a "hold" rating to a "strong-buy" rating in a report on Monday, July 27th. Scotiabank cut their price target on Postal Realty Trust from $26.00 to $25.00 and set a "sector outperform" rating for the company in a report on Thursday, June 18th. Weiss Ratings reiterated a "buy (b)" rating on shares of Postal Realty Trust in a research report on Friday, July 10th. Truist Financial boosted their price objective on Postal Realty Trust from $23.00 to $25.00 and gave the stock a "buy" rating in a research note on Tuesday, June 9th. Finally, Stifel Nicolaus upped their target price on Postal Realty Trust from $22.25 to $23.25 and gave the company a "buy" rating in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $23.38.

Postal Realty Trust Price Performance

Shares of PSTL stock opened at $23.02 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.43 and a quick ratio of 1.43. The firm's 50-day moving average is $23.67 and its two-hundred day moving average is $21.16. Postal Realty Trust, Inc. has a 12 month low of $13.59 and a 12 month high of $25.22. The company has a market capitalization of $635.90 million, a PE ratio of 45.14 and a beta of 0.79.

Postal Realty Trust (NYSE:PSTL - Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. Postal Realty Trust had a net margin of 15.84% and a return on equity of 4.53%. The company had revenue of $26.65 million for the quarter, compared to analyst estimates of $25.43 million. Postal Realty Trust has set its FY 2026 guidance at 1.400-1.420 EPS. Analysts predict that Postal Realty Trust, Inc. will post 1.22 earnings per share for the current year.

Postal Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were given a dividend of $0.245 per share. This represents a $0.98 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Friday, May 15th. Postal Realty Trust's 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.