Jane Street Group LLC Grows Stock Position in Postal Realty Trust, Inc. (NYSE:PSTL)

Jane Street Group LLC increased its holdings in Postal Realty Trust, Inc. (NYSE:PSTL) by 166.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,240 shares of the company’s stock after buying an additional 32,644 shares during the quarter. Jane Street Group LLC owned 0.23% of Postal Realty Trust worth $765,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its stake in shares of Postal Realty Trust by 40.1% during the 2nd quarter. Renaissance Technologies LLC now owns 267,427 shares of the company’s stock worth $3,565,000 after acquiring an additional 76,477 shares during the last quarter. State Street Corp raised its holdings in Postal Realty Trust by 2.0% in the 3rd quarter. State Street Corp now owns 477,091 shares of the company’s stock worth $6,985,000 after purchasing an additional 9,394 shares during the period. FMR LLC lifted its position in Postal Realty Trust by 1.4% during the third quarter. FMR LLC now owns 3,446,129 shares of the company’s stock valued at $50,451,000 after purchasing an additional 46,439 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in Postal Realty Trust by 6.8% during the second quarter. Bank of New York Mellon Corp now owns 127,797 shares of the company’s stock valued at $1,704,000 after purchasing an additional 8,106 shares during the period. Finally, Los Angeles Capital Management LLC bought a new stake in Postal Realty Trust during the second quarter valued at about $550,000. 57.89% of the stock is currently owned by institutional investors.

Postal Realty Trust Stock Down 1.2 %

NYSE PSTL opened at $12.89 on Friday. Postal Realty Trust, Inc. has a 52 week low of $12.77 and a 52 week high of $15.15. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $302.31 million, a P/E ratio of 161.15, a price-to-earnings-growth ratio of 2.45 and a beta of 0.67. The stock’s 50-day moving average price is $13.86 and its 200-day moving average price is $14.10.

Postal Realty Trust (NYSE:PSTL) last released its earnings results on Monday, November 4th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.23). The firm had revenue of $19.67 million for the quarter, compared to the consensus estimate of $18.49 million. Postal Realty Trust had a return on equity of 1.06% and a net margin of 4.55%. During the same quarter in the previous year, the business posted $0.27 EPS. On average, equities research analysts predict that Postal Realty Trust, Inc. will post 0.8 earnings per share for the current year.

Postal Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 4th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.45%. The ex-dividend date of this dividend was Monday, November 4th. Postal Realty Trust’s dividend payout ratio (DPR) is 1,200.00%.

Insider Buying and Selling

In other Postal Realty Trust news, CEO Andrew Spodek purchased 7,968 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were bought at an average cost of $13.00 per share, with a total value of $103,584.00. Following the acquisition, the chief executive officer now owns 277,518 shares in the company, valued at approximately $3,607,734. This trade represents a 2.96 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 13.20% of the stock is currently owned by insiders.

Postal Realty Trust 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.