Postal Realty Trust, Inc. (NYSE:PSTL) Shares Acquired by Barclays PLC

Barclays PLC increased its position in shares of Postal Realty Trust, Inc. (NYSE:PSTL) by 269.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,480 shares of the company’s stock after acquiring an additional 21,506 shares during the period. Barclays PLC owned approximately 0.13% of Postal Realty Trust worth $432,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC bought a new position in shares of Postal Realty Trust during the 3rd quarter valued at about $108,000. International Assets Investment Management LLC lifted its stake in Postal Realty Trust by 1,387.5% during the third quarter. International Assets Investment Management LLC now owns 8,464 shares of the company’s stock valued at $124,000 after purchasing an additional 7,895 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in Postal Realty Trust by 21.6% during the third quarter. Nisa Investment Advisors LLC now owns 10,329 shares of the company’s stock worth $151,000 after buying an additional 1,837 shares in the last quarter. Pekin Hardy Strauss Inc. acquired a new position in Postal Realty Trust in the third quarter worth approximately $154,000. Finally, Arete Wealth Advisors LLC grew its position in Postal Realty Trust by 11.7% in the third quarter. Arete Wealth Advisors LLC now owns 18,934 shares of the company’s stock worth $276,000 after buying an additional 1,981 shares during the last quarter. 57.89% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Postal Realty Trust

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

Postal Realty Trust Price Performance

Shares of NYSE:PSTL opened at $13.05 on Friday. The company has a market capitalization of $306.12 million, a PE ratio of 163.20, a price-to-earnings-growth ratio of 2.10 and a beta of 0.67. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a fifty day moving average of $13.46 and a 200-day moving average of $14.06. Postal Realty Trust, Inc. has a one year low of $12.43 and a one year high of $15.15.

Postal Realty Trust (NYSE:PSTL) last announced its earnings results on Monday, November 4th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.23). The company had revenue of $19.67 million for the quarter, compared to analysts’ expectations of $18.49 million. Postal Realty Trust had a net margin of 4.55% and a return on equity of 1.06%. During the same period in the prior year, the company earned $0.27 earnings per share. As a group, equities analysts anticipate that Postal Realty Trust, Inc. will post 0.83 EPS for the current fiscal year.

Postal Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 4th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 7.35%. The ex-dividend date was Monday, November 4th. Postal Realty Trust’s payout ratio is 1,200.15%.

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.