Postal Realty Trust (NYSE:PSTL) Upgraded by Wall Street Zen to "Buy" Rating

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 note issued on Saturday.

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

Postal Realty Trust Stock Performance

Shares of Postal Realty Trust stock traded up $0.14 on Friday, reaching $13.87. 159,035 shares of the company were exchanged, compared to its average volume of 137,516. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.57 and a current ratio of 1.57. The company's 50-day moving average is $13.30 and its two-hundred day moving average is $13.41. The firm has a market cap of $330.19 million, a price-to-earnings ratio of 173.40 and a beta of 0.81. Postal Realty Trust has a 1-year low of $12.26 and a 1-year high of $15.15.

Insider Transactions at Postal Realty Trust

In other Postal Realty Trust news, CAO Matt Brandwein sold 15,142 shares of the firm's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $14.25, for a total transaction of $215,773.50. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 19,452 shares of company stock valued at $277,332 in the last three months. 13.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Postal Realty Trust

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Proficio Capital Partners LLC acquired a new stake in Postal Realty Trust during the fourth quarter valued at approximately $1,460,000. Vanguard Group Inc. grew its holdings in shares of Postal Realty Trust by 9.4% during the fourth quarter. Vanguard Group Inc. now owns 1,255,253 shares of the company's stock worth $16,381,000 after buying an additional 107,887 shares in the last quarter. New York State Teachers Retirement System acquired a new position in Postal Realty Trust during the fourth quarter valued at approximately $26,000. MetLife Investment Management LLC boosted its position in Postal Realty Trust by 16.3% during the fourth quarter. MetLife Investment Management LLC now owns 13,801 shares of the company's stock valued at $180,000 after purchasing an additional 1,931 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Postal Realty Trust in the fourth quarter valued at approximately $280,000. 57.89% of the stock is owned by institutional investors and hedge funds.

About Postal Realty Trust

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.