Tred Avon Family Wealth LLC Acquires Shares of 51,871 Postal Realty Trust, Inc. $PSTL

Tred Avon Family Wealth LLC acquired a new position in shares of Postal Realty Trust, Inc. (NYSE:PSTLFree Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 51,871 shares of the company’s stock, valued at approximately $814,000.

Other large investors have also modified their holdings of the company. Campbell & CO Investment Adviser LLC acquired a new position in Postal Realty Trust during the 3rd quarter worth approximately $260,000. Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in shares of Postal Realty Trust during the third quarter valued at approximately $2,433,000. Canton Hathaway LLC acquired a new position in shares of Postal Realty Trust during the third quarter worth $590,000. North Star Investment Management Corp. boosted its stake in shares of Postal Realty Trust by 0.4% in the third quarter. North Star Investment Management Corp. now owns 496,165 shares of the company’s stock valued at $7,785,000 after purchasing an additional 2,000 shares during the period. Finally, Nvwm LLC grew its holdings in Postal Realty Trust by 4.6% during the 3rd quarter. Nvwm LLC now owns 45,754 shares of the company’s stock valued at $718,000 after purchasing an additional 2,008 shares in the last quarter. Institutional investors and hedge funds own 57.89% of the company’s stock.

Postal Realty Trust Stock Up 0.9%

NYSE:PSTL opened at $17.50 on Friday. 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 company has a market capitalization of $456.10 million, a price-to-earnings ratio of 36.46 and a beta of 0.75. Postal Realty Trust, Inc. has a one year low of $12.26 and a one year high of $17.59. The stock has a 50-day simple moving average of $15.84 and a 200 day simple moving average of $15.37.

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

Postal Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Tuesday, November 4th were issued a dividend of $0.2425 per share. This represents a $0.97 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend was Tuesday, November 4th. Postal Realty Trust’s dividend payout ratio is 202.08%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Truist Financial boosted their price objective on shares of Postal Realty Trust from $16.00 to $18.00 and gave the stock a “hold” rating in a report on Wednesday, December 17th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Postal Realty Trust in a research note on Wednesday, October 8th. JPMorgan Chase & Co. raised their price objective on Postal Realty Trust from $16.00 to $17.00 and gave the company a “neutral” rating in a research note on Tuesday, September 30th. Finally, Wall Street Zen lowered Postal Realty Trust from a “buy” rating to a “hold” rating in a research report on Sunday, November 2nd. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $17.58.

Check Out Our Latest Stock Analysis on Postal Realty Trust

Postal Realty Trust Company Profile

(Free Report)

Postal Realty Trust is a real estate investment trust that acquires, owns and manages single-tenant commercial properties net-leased primarily to the United States Postal Service and other government agencies. The trust focuses on facilities that support mail processing, distribution and retail operations, targeting assets that offer long-term, inflation-protected lease structures.

The company’s portfolio includes post offices, distribution centers and mail processing facilities located throughout the contiguous United States.

See Also

Want to see what other hedge funds are holding PSTL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Postal Realty Trust, Inc. (NYSE:PSTLFree Report).

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

Receive News & Ratings for Postal Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Postal Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.