Segall Bryant & Hamill LLC Takes $2.18 Million Position in Postal Realty Trust, Inc. $PSTL

Segall Bryant & Hamill LLC purchased a new stake in shares of Postal Realty Trust, Inc. (NYSE:PSTL) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 148,011 shares of the company’s stock, valued at approximately $2,180,000.

Several other institutional investors and hedge funds also recently bought and sold shares of PSTL. Gilman Hill Asset Management LLC lifted its holdings 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 worth $8,808,000 after acquiring an additional 16,743 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in Postal Realty Trust in the 2nd quarter worth about $440,000. Cubist Systematic Strategies LLC lifted its stake 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 worth $1,664,000 after purchasing an additional 95,061 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Postal Realty Trust during the first quarter valued at approximately $460,000. Finally, Cullen Frost Bankers Inc. boosted its position in shares of Postal Realty Trust by 225.2% during the second quarter. Cullen Frost Bankers Inc. now owns 2,026 shares of the company’s stock valued at $30,000 after buying an additional 1,403 shares during the period. 57.89% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Postal Realty Trust Price Performance

Shares of PSTL stock opened at $15.28 on Tuesday. Postal Realty Trust, Inc. has a twelve month low of $12.26 and a twelve month high of $16.50. The stock has a market capitalization of $398.07 million, a price-to-earnings ratio of 31.82 and a beta of 0.84. The stock has a fifty day simple moving average of $15.36 and a two-hundred day simple moving average of $14.89. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 1.00.

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). 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, analysts predict that Postal Realty Trust, Inc. will post 0.84 EPS for the current fiscal year.

Postal Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Tuesday, November 4th will be given a dividend of $0.2425 per share. The ex-dividend date of this dividend is Tuesday, November 4th. This represents a $0.97 dividend on an annualized basis and a yield of 6.4%. Postal Realty Trust’s dividend payout ratio (DPR) is 202.08%.

Insider Activity at Postal Realty Trust

In other news, CAO Matt Brandwein sold 1,803 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $16.00, for a total value of $28,848.00. Following the completion of the sale, the chief accounting officer owned 107,919 shares of the company’s stock, valued at approximately $1,726,704. This represents a 1.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 13.20% of the company’s stock.

About Postal Realty Trust

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.