Postal Realty Trust (NYSE:PSTL) Stock Rating Reaffirmed by Stifel Nicolaus

Postal Realty Trust (NYSE:PSTLGet Free Report)‘s stock had its “buy” rating restated by equities researchers at Stifel Nicolaus in a research note issued on Monday, MarketBeat reports. They currently have a $15.50 target price on the stock. Stifel Nicolaus’ target price points to a potential upside of 16.98% from the company’s current price.

Postal Realty Trust Stock Performance

Shares of NYSE PSTL opened at $13.25 on Monday. Postal Realty Trust has a 1-year low of $12.98 and a 1-year high of $15.70. The company has a market cap of $300.38 million, a PE ratio of 132.50, a P/E/G ratio of 2.38 and a beta of 0.64. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 0.79. The company has a 50-day moving average of $13.57 and a two-hundred day moving average of $14.01.

Insider Buying and Selling

In other news, CEO Andrew Spodek acquired 8,709 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The stock was purchased at an average price of $13.50 per share, for a total transaction of $117,571.50. Following the completion of the acquisition, the chief executive officer now owns 246,227 shares in the company, valued at $3,324,064.50. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders acquired a total of 28,526 shares of company stock valued at $385,424 over the last ninety days. Insiders own 13.20% of the company’s stock.

Institutional Trading of Postal Realty Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new position in shares of Postal Realty Trust in the first quarter valued at about $251,000. Vanguard Group Inc. grew its stake in shares of Postal Realty Trust by 0.9% in the first quarter. Vanguard Group Inc. now owns 935,321 shares of the company’s stock valued at $13,394,000 after acquiring an additional 8,129 shares in the last quarter. M&G Plc acquired a new position in shares of Postal Realty Trust in the first quarter valued at about $169,000. Foundry Partners LLC grew its stake in shares of Postal Realty Trust by 87.8% in the first quarter. Foundry Partners LLC now owns 331,731 shares of the company’s stock valued at $4,750,000 after acquiring an additional 155,086 shares in the last quarter. Finally, Avantax Advisory Services Inc. grew its stake in shares of Postal Realty Trust by 14.4% in the first quarter. Avantax Advisory Services Inc. now owns 12,784 shares of the company’s stock valued at $183,000 after acquiring an additional 1,612 shares in the last quarter. 57.89% of the stock is owned by institutional investors.

Postal Realty Trust Company Profile

(Get Free Report)

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.

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