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

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

Separately, Stifel Nicolaus reduced their price target on Postal Realty Trust from $16.75 to $16.50 and set a "buy" rating for the company in a research report on Thursday, May 1st.

Postal Realty Trust Price Performance

PSTL stock traded up $0.17 during trading on Friday, reaching $13.90. The company's stock had a trading volume of 30,771 shares, compared to its average volume of 179,751. Postal Realty Trust has a 1 year low of $12.26 and a 1 year high of $15.15. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $330.93 million, a P/E ratio of 173.78 and a beta of 0.81. The company's fifty day moving average is $13.30 and its 200-day moving average is $13.41.

Insider Transactions at Postal Realty Trust

In related news, CAO Matt Brandwein sold 15,142 shares of Postal Realty Trust stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $14.25, for a total value of $215,773.50. Following the sale, the chief accounting officer now directly owns 116,573 shares in the company, valued at $1,661,165.25. This trade represents a 11.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold a total of 19,452 shares of company stock worth $277,332 in the last three months. Company insiders own 13.70% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of PSTL. Quadrant Capital Group LLC acquired a new stake in shares of Postal Realty Trust during the 4th quarter valued at about $25,000. New York State Teachers Retirement System acquired a new position in shares of Postal Realty Trust in the 4th quarter worth approximately $26,000. Parallel Advisors LLC lifted 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 worth $28,000 after buying an additional 1,765 shares in the last quarter. NBC Securities Inc. lifted its position in shares of Postal Realty Trust by 124,900.0% during the first quarter. NBC Securities Inc. now owns 3,750 shares of the company's stock worth $53,000 after purchasing an additional 3,747 shares in the last quarter. Finally, Strs Ohio bought a new position in Postal Realty Trust in the 1st quarter valued at $54,000. Institutional investors own 57.89% of the company's stock.

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.