Postal Realty Trust (NYSE:PSTL - Get Free Report) had its price target lifted by JPMorgan Chase & Co. from $16.00 to $17.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 8.73% from the stock's current price.
Other analysts have also recently issued reports about the stock. Stifel Nicolaus set a $17.75 target price on shares of Postal Realty Trust and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Wall Street Zen raised shares of Postal Realty Trust from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $17.38.
Check Out Our Latest Stock Analysis on PSTL
Postal Realty Trust Stock Down 1.6%
PSTL stock opened at $15.64 on Tuesday. The stock has a market capitalization of $384.31 million, a P/E ratio of 41.15 and a beta of 0.86. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.28 and a current ratio of 1.28. Postal Realty Trust has a one year low of $12.26 and a one year high of $16.50. The company has a 50 day moving average price of $15.22 and a two-hundred day moving average price of $14.38.
Insider Buying and Selling at Postal Realty Trust
In other Postal Realty Trust news, CAO Matt Brandwein sold 4,112 shares of Postal Realty Trust stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $16.00, for a total value of $65,792.00. Following the transaction, the chief accounting officer owned 109,722 shares in the company, valued at $1,755,552. This trade represents a 3.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 13.20% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Postal Realty Trust
Hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC raised its stake in shares of Postal Realty Trust by 964.5% in the 1st quarter. Parallel Advisors LLC now owns 1,948 shares of the company's stock valued at $28,000 after acquiring an additional 1,765 shares during the period. Cullen Frost Bankers Inc. raised its stake in shares of Postal Realty Trust by 225.2% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 2,026 shares of the company's stock valued at $30,000 after acquiring an additional 1,403 shares during the period. CWM LLC raised its stake in shares of Postal Realty Trust by 195.5% in the 2nd quarter. CWM LLC now owns 2,237 shares of the company's stock valued at $33,000 after acquiring an additional 1,480 shares during the period. Ameritas Investment Partners Inc. raised its stake in shares of Postal Realty Trust by 45.9% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,258 shares of the company's stock valued at $33,000 after acquiring an additional 710 shares during the period. Finally, NBC Securities Inc. raised its stake 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 valued at $53,000 after acquiring an additional 3,747 shares during the period. Hedge funds and other institutional investors own 57.89% of the company's stock.
About Postal Realty Trust
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Postal Realty Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Postal Realty Trust wasn't on the list.
While Postal Realty Trust currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
