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

State of Wyoming lifted its stake in Postal Realty Trust, Inc. (NYSE:PSTL) by 760.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,772 shares of the company’s stock after purchasing an additional 32,498 shares during the period. State of Wyoming’s holdings in Postal Realty Trust were worth $542,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of PSTL. Gilman Hill Asset Management LLC boosted its stake in shares of Postal Realty Trust by 2.9% in the 2nd quarter. Gilman Hill Asset Management LLC now owns 597,963 shares of the company’s stock valued at $8,808,000 after buying an additional 16,743 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in Postal Realty Trust in the second quarter valued at approximately $440,000. Cubist Systematic Strategies LLC raised its holdings in Postal Realty Trust by 443.4% in the first quarter. Cubist Systematic Strategies LLC now owns 116,501 shares of the company’s stock valued at $1,664,000 after acquiring an additional 95,061 shares in the last quarter. CSM Advisors LLC purchased a new position in Postal Realty Trust in the second quarter worth approximately $3,567,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in Postal Realty Trust during the 1st quarter worth approximately $460,000. Hedge funds and other institutional investors own 57.89% of the company’s stock.

Analysts Set New Price Targets

PSTL has been the topic of a number of analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of Postal Realty Trust in a report on Wednesday, October 8th. Wall Street Zen lowered Postal Realty Trust from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. Finally, JPMorgan Chase & Co. lifted their price target on Postal Realty Trust from $16.00 to $17.00 and gave the stock a “neutral” rating in a report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $17.38.

Postal Realty Trust Trading Up 0.6%

Shares of Postal Realty Trust stock opened at $15.53 on Tuesday. The company has a fifty day simple moving average of $15.24 and a 200-day simple moving average of $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 stock has a market cap of $404.58 million, a price-to-earnings ratio of 32.34 and a beta of 0.76.

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

Postal Realty Trust Announces Dividend

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