Postal Realty Trust, Inc. $PSTL Shares Sold by Intrua Financial LLC

Intrua Financial LLC cut its stake in shares of Postal Realty Trust, Inc. (NYSE:PSTL) by 11.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,756 shares of the company’s stock after selling 4,023 shares during the quarter. Intrua Financial LLC’s holdings in Postal Realty Trust were worth $453,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Millennium Management LLC raised its position in shares of Postal Realty Trust by 313.7% during the first quarter. Millennium Management LLC now owns 378,517 shares of the company’s stock worth $5,405,000 after purchasing an additional 287,027 shares during the period. CSM Advisors LLC purchased a new stake in Postal Realty Trust during the second quarter valued at about $3,567,000. Cubist Systematic Strategies LLC lifted its stake in Postal Realty Trust by 443.4% during the first quarter. Cubist Systematic Strategies LLC now owns 116,501 shares of the company’s stock valued at $1,664,000 after buying an additional 95,061 shares in the last quarter. Los Angeles Capital Management LLC boosted its holdings in shares of Postal Realty Trust by 58.9% in the second quarter. Los Angeles Capital Management LLC now owns 214,079 shares of the company’s stock worth $3,153,000 after buying an additional 79,339 shares during the period. Finally, Kornitzer Capital Management Inc. KS purchased a new position in shares of Postal Realty Trust in the second quarter worth approximately $810,000. 57.89% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Stifel Nicolaus set a $17.75 price target on shares of Postal Realty Trust and gave the company a “buy” rating in a research report on Tuesday, August 5th. JPMorgan Chase & Co. boosted their target price on shares of Postal Realty Trust from $16.00 to $17.00 and gave the company a “neutral” rating in a research note on Tuesday, September 30th. Wall Street Zen lowered Postal Realty Trust from a “buy” rating to a “hold” rating in a report on Sunday, November 2nd. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Postal Realty Trust in a research report on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $17.38.

Postal Realty Trust Stock Up 0.4%

Postal Realty Trust stock opened at $15.68 on Friday. Postal Realty Trust, Inc. has a twelve month low of $12.26 and a twelve month high of $16.50. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a market cap of $408.62 million, a PE ratio of 32.67 and a beta of 0.84. The firm’s 50 day moving average price is $15.42 and its two-hundred day moving average price is $14.75.

Postal Realty Trust (NYSE:PSTL) last posted 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 net margin of 15.36% and a return on equity of 4.29%. The company had revenue of $24.33 million for the quarter, compared to analysts’ expectations of $22.46 million. Postal Realty Trust has set its FY 2025 guidance at 1.300-1.32 EPS. On average, research analysts predict that Postal Realty Trust, Inc. will post 0.84 EPS for the current fiscal year.

Postal Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Tuesday, November 4th will be paid a $0.2425 dividend. The ex-dividend date is Tuesday, November 4th. This represents a $0.97 dividend on an annualized basis and a yield of 6.2%. Postal Realty Trust’s payout ratio is 202.08%.

Insider Buying and Selling

In other Postal Realty Trust news, CAO Matt Brandwein sold 4,112 shares of the company’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $16.00, for a total value of $65,792.00. Following the transaction, the chief accounting officer directly owned 109,722 shares of the company’s stock, valued at $1,755,552. This represents a 3.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 13.70% of the stock is owned by company insiders.

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.