Postal Realty Trust (NYSE:PSTL) Raised to "Buy" at Wall Street Zen

Key Points

• Postal Realty Trust (NYSE:PSTL) has been upgraded from a "hold" rating to a "buy" rating by analysts at Wall Street Zen, indicating a positive outlook for the stock.
• Stifel Nicolaus has set a price target of $17.75 for PSTL while also rating it as a "buy," suggesting potential for future growth.
• Institutional investors have significantly increased their stakes in Postal Realty Trust, with notable firms like Parallel Advisors LLC raising their positions by 964.5% during the 1st quarter.

Postal Realty Trust (NYSE:PSTL - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a note issued to investors on Saturday.

Separately, Stifel Nicolaus set a $17.75 price objective on Postal Realty Trust and gave the company a "buy" rating in a report on Tuesday, August 5th.

Postal Realty Trust Price Performance

PSTL opened at $14.57 on Friday. The business has a fifty day moving average of $14.70 and a 200 day moving average of $13.89. Postal Realty Trust has a 52-week low of $12.26 and a 52-week high of $15.42. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.01. The stock has a market cap of $358.13 million, a P/E ratio of 38.34 and a beta of 0.84.

Institutional Investors Weigh In On Postal Realty Trust

Institutional investors and hedge funds have recently bought and sold shares of the company. Parallel Advisors LLC raised its position in Postal Realty Trust by 964.5% during the 1st 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 in the last quarter. Cullen Frost Bankers Inc. raised its position 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 worth $30,000 after acquiring an additional 1,403 shares in the last quarter. CWM LLC raised its position 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 worth $33,000 after acquiring an additional 1,480 shares in the last quarter. Ameritas Investment Partners Inc. raised its position 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 worth $33,000 after acquiring an additional 710 shares in the last quarter. Finally, NBC Securities Inc. raised its position 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 in the last quarter. 57.89% of the stock is owned by institutional investors.

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.

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