Postal Realty Trust, Inc. (NYSE:PSTL) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC trimmed its stake in Postal Realty Trust, Inc. (NYSE:PSTL) by 40.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,129 shares of the company’s stock after selling 4,200 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Postal Realty Trust were worth $80,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of PSTL. HighTower Advisors LLC grew its holdings in shares of Postal Realty Trust by 0.8% during the third quarter. HighTower Advisors LLC now owns 175,218 shares of the company’s stock valued at $2,564,000 after buying an additional 1,380 shares in the last quarter. Arete Wealth Advisors LLC increased its holdings in shares of Postal Realty Trust by 11.7% in the 3rd quarter. Arete Wealth Advisors LLC now owns 18,934 shares of the company’s stock valued at $276,000 after purchasing an additional 1,981 shares during the period. Asset Management One Co. Ltd. boosted its holdings in shares of Postal Realty Trust by 4.6% during the third quarter. Asset Management One Co. Ltd. now owns 57,786 shares of the company’s stock worth $846,000 after purchasing an additional 2,534 shares during the period. Janney Montgomery Scott LLC grew its position in Postal Realty Trust by 1.8% during the third quarter. Janney Montgomery Scott LLC now owns 168,050 shares of the company’s stock valued at $2,460,000 after purchasing an additional 3,003 shares in the last quarter. Finally, Foundry Partners LLC increased its stake in Postal Realty Trust by 1.0% in the 3rd quarter. Foundry Partners LLC now owns 330,761 shares of the company’s stock valued at $4,842,000 after buying an additional 3,215 shares during the period. 57.89% of the stock is owned by institutional investors and hedge funds.

Postal Realty Trust Price Performance

Shares of NYSE:PSTL opened at $13.00 on Friday. The firm has a market cap of $304.73 million, a price-to-earnings ratio of 162.46, a P/E/G ratio of 2.14 and a beta of 0.67. Postal Realty Trust, Inc. has a 1 year low of $12.43 and a 1 year high of $15.15. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.90. The business has a fifty day simple moving average of $13.30 and a 200 day simple moving average of $14.03.

Postal Realty Trust (NYSE:PSTL) last posted 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 business had revenue of $19.67 million during 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 period in the prior year, the firm earned $0.27 earnings per share. As a group, sell-side analysts predict that Postal Realty Trust, Inc. will post 0.84 earnings per share for the current fiscal year.

Insider Buying and Selling at Postal Realty Trust

In other news, CEO Andrew Spodek purchased 7,968 shares of the stock in a transaction that occurred on Thursday, December 19th. The shares were purchased at an average cost of $13.00 per share, for a total transaction of $103,584.00. Following the completion of the purchase, the chief executive officer now directly owns 277,518 shares of the company’s stock, valued at approximately $3,607,734. The trade was a 2.96 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 13.60% of the company’s stock.

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.