Postal Realty Trust, Inc. $PSTL Shares Acquired by State of Wyoming

State of Wyoming lifted its stake in shares of Postal Realty Trust, Inc. (NYSE:PSTL) by 760.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 36,772 shares of the company’s stock after acquiring an additional 32,498 shares during the period. State of Wyoming owned 0.15% of Postal Realty Trust worth $542,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Cullen Frost Bankers Inc. increased its position in Postal Realty Trust by 225.2% during the second quarter. Cullen Frost Bankers Inc. now owns 2,026 shares of the company’s stock worth $30,000 after purchasing an additional 1,403 shares during the last quarter. CWM LLC grew 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 buying an additional 1,480 shares during the period. Ameritas Investment Partners Inc. grew 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 buying an additional 710 shares during the period. Strs Ohio acquired a new stake in shares of Postal Realty Trust during the 1st quarter worth approximately $54,000. Finally, Federated Hermes Inc. raised its position in shares of 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 buying an additional 3,470 shares during the period. Hedge funds and other institutional investors own 57.89% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on PSTL shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Postal Realty Trust in a research report on Wednesday, October 8th. Wall Street Zen cut Postal Realty Trust from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. Finally, JPMorgan Chase & Co. raised their price objective on Postal Realty Trust from $16.00 to $17.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 30th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $17.38.

Postal Realty Trust Price Performance

PSTL stock opened at $15.53 on Tuesday. The business’s fifty day moving average price is $15.24 and its 200 day moving average price is $15.11. Postal Realty Trust, Inc. has a 12-month low of $12.26 and a 12-month high of $16.50. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $404.58 million, a PE ratio of 32.34 and a beta of 0.76.

Postal Realty Trust (NYSE:PSTL) last announced its earnings results on Tuesday, November 4th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.18). The firm had revenue of $24.33 million for the quarter, compared to analysts’ expectations of $22.46 million. Postal Realty Trust had a net margin of 15.36% and a return on equity of 4.29%. Postal Realty Trust has set its FY 2025 guidance at 1.300-1.32 EPS. On average, sell-side analysts anticipate that Postal Realty Trust, Inc. will post 0.84 EPS for the current year.

Postal Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Tuesday, November 4th were paid a dividend of $0.2425 per share. This represents a $0.97 annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend was Tuesday, November 4th. Postal Realty Trust’s dividend payout ratio is presently 202.08%.

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.