Barclays PLC Has $432,000 Holdings in Postal Realty Trust, Inc. (NYSE:PSTL)

Barclays PLC raised its position in Postal Realty Trust, Inc. (NYSE:PSTL) by 269.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,480 shares of the company’s stock after purchasing an additional 21,506 shares during the quarter. Barclays PLC owned 0.13% of Postal Realty Trust worth $432,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of PSTL. Renaissance Technologies LLC raised its position in Postal Realty Trust by 40.1% in the 2nd quarter. Renaissance Technologies LLC now owns 267,427 shares of the company’s stock valued at $3,565,000 after buying an additional 76,477 shares during the last quarter. State Street Corp grew its stake in shares of Postal Realty Trust by 2.0% during the 3rd quarter. State Street Corp now owns 477,091 shares of the company’s stock worth $6,985,000 after acquiring an additional 9,394 shares in the last quarter. FMR LLC raised its holdings in shares of Postal Realty Trust by 1.4% in 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 during the last quarter. Bank of New York Mellon Corp lifted its position in shares of Postal Realty Trust by 6.8% in the second quarter. Bank of New York Mellon Corp now owns 127,797 shares of the company’s stock worth $1,704,000 after purchasing an additional 8,106 shares in the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in Postal Realty Trust during the second quarter worth $550,000. 57.89% of the stock is currently owned by institutional investors.

Insider Activity

In other Postal Realty Trust news, CEO Andrew Spodek purchased 7,968 shares of Postal Realty Trust stock in a transaction that occurred on Thursday, December 19th. The stock was acquired at an average price of $13.00 per share, for a total transaction of $103,584.00. Following the completion of the acquisition, the chief executive officer now owns 277,518 shares of the company’s stock, valued at approximately $3,607,734. This trade represents a 2.96 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 13.20% of the stock is currently owned by insiders.

Postal Realty Trust Stock Up 0.8 %

Postal Realty Trust stock opened at $12.99 on Friday. The company has a fifty day simple moving average of $13.82 and a 200 day simple moving average of $14.09. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.90. Postal Realty Trust, Inc. has a 1-year low of $12.77 and a 1-year high of $15.15. The company has a market cap of $304.65 million, a P/E ratio of 162.40, a price-to-earnings-growth ratio of 2.45 and a beta of 0.67.

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

Postal Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders 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 7.39%. The ex-dividend date of this dividend was Monday, November 4th. Postal Realty Trust’s dividend payout ratio is currently 1,200.00%.

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.