Stephens Inc. AR Has $232,000 Position in Postal Realty Trust, Inc. (NYSE:PSTL)


Stephens Inc. AR lifts its position in shares of Postal Realty Trust, Inc. (NYSE:PSTL – Get Rating) by 20.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,820 shares of the company’s stock after buying an additional 2,302 shares during the period. Stephens Inc. AR owned about 0.07% of Postal Realty Trust worth $232,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Daiwa Securities Group Inc. boosted its position in shares of Postal Realty Trust by 38.6% during the first quarter. Daiwa Securities Group Inc. now owns 5,026 shares of the company’s stock worth $85,000 after buying an additional 1,400 shares during the period. Dubuque Bank & Trust Co. boosted its position in shares of Postal Realty Trust by 1.5% during the first quarter. Dubuque Bank & Trust Co. now owns 140,841 shares of the company’s stock worth $2,369,000 after buying an additional 2,035 shares during the period. State of Alaska Department of Revenue boosted its position in shares of Postal Realty Trust by 37.3% during the first quarter. State of Alaska Department of Revenue now owns 8,575 shares of the company’s stock worth $143,000 after buying an additional 2,330 shares during the period. Strs Ohio boosted its position in shares of Postal Realty Trust by 36.0% during the first quarter. Strs Ohio now owns 22,265 shares of the company’s stock worth $374,000 after buying an additional 5,899 shares during the period. Finally, Black Swift Group LLC boosted its position in shares of Postal Realty Trust by 14.4% during the fourth quarter. Black Swift Group LLC now owns 62,915 shares of the company’s stock worth $1,246,000 after buying an additional 7,905 shares during the period. 73.45% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently issued reports on PSTL shares. Truist Financial dropped their target price on Postal Realty Trust from $19.00 to $18.00 in a report on Friday, June 3rd. Stifel Nicolaus dropped their target price on Postal Realty Trust from $21.00 to $18.00 in a report on Tuesday, June 21st. Finally, Jefferies Financial Group dropped their target price on Postal Realty Trust from $22.00 to $18.00 and set a “buy” rating on the stock in a report on Thursday, June 30th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Postal Realty Trust has a consensus rating of “Moderate Buy” and a consensus target price of $19.67.

Postal Realty Trust Price Performance

NYSE:PSTL opened at $16.36 on Friday. The company has a quick ratio of 3.75, a current ratio of 3.75 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average price is $15.42 and its two-hundred day moving average price is $16.52. The firm has a market capitalization of $307.00 million, a price-to-earnings ratio of 125.86, a P/E/G ratio of 3.76 and a beta of 0.62. Postal Realty Trust, Inc. has a 12-month low of $14.14 and a 12-month high of $20.75.

Postal Realty Trust (NYSE:PSTL – Get Rating) last released its quarterly earnings data on Wednesday, May 11th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.17). Postal Realty Trust had a net margin of 6.11% and a return on equity of 1.18%. During the same period in the prior year, the business posted $0.27 earnings per share. On average, analysts anticipate that Postal Realty Trust, Inc. will post 0.76 earnings per share for the current year.

Postal Realty Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 26th. Stockholders of record on Monday, August 8th will be paid a dividend of $0.2325 per share. The ex-dividend date of this dividend is Friday, August 5th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 5.68%. This is a positive change from Postal Realty Trust’s previous quarterly dividend of $0.23. Postal Realty Trust’s dividend payout ratio (DPR) is 707.75%.

About Postal Realty Trust

(GetRated)

Postal Realty Trust, Inc is an internally managed real estate investment trust that owns and manages over 1,000 properties leased to the USPS. The Company believes it is one of the largest owners and managers of properties leased to the USPS.

See Also

Institutional Ownership by Quarter for Postal Realty Trust (NYSE:PSTL)



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