Postal Realty Trust, Inc. (NYSE:PSTL) Shares Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its stake in shares of Postal Realty Trust, Inc. (NYSE:PSTL) by 14.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 224,417 shares of the company’s stock after buying an additional 28,485 shares during the quarter. Dimensional Fund Advisors LP owned about 0.99% of Postal Realty Trust worth $2,991,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in PSTL. Quest Partners LLC increased its stake in Postal Realty Trust by 121,650.0% in the 2nd quarter. Quest Partners LLC now owns 2,435 shares of the company’s stock worth $32,000 after purchasing an additional 2,433 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Postal Realty Trust by 16.5% during the second quarter. Nisa Investment Advisors LLC now owns 8,492 shares of the company’s stock valued at $113,000 after buying an additional 1,200 shares in the last quarter. BNP Paribas Financial Markets boosted its position in Postal Realty Trust by 89.4% during the 1st quarter. BNP Paribas Financial Markets now owns 9,951 shares of the company’s stock worth $142,000 after acquiring an additional 4,698 shares during the period. M&G Plc purchased a new position in Postal Realty Trust during the 1st quarter valued at about $169,000. Finally, Avantax Advisory Services Inc. increased its holdings in shares of Postal Realty Trust by 14.4% in the 1st quarter. Avantax Advisory Services Inc. now owns 12,784 shares of the company’s stock valued at $183,000 after purchasing an additional 1,612 shares during the period. Institutional investors and hedge funds own 57.89% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus restated a “buy” rating and set a $15.50 price target on shares of Postal Realty Trust in a research note on Monday, June 17th.

Postal Realty Trust Price Performance

NYSE:PSTL opened at $14.02 on Friday. The company has a market capitalization of $317.76 million, a price-to-earnings ratio of 141.40, a PEG ratio of 2.62 and a beta of 0.67. The company has a 50-day moving average of $14.43 and a 200-day moving average of $13.98. Postal Realty Trust, Inc. has a 52 week low of $13.00 and a 52 week high of $15.15. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.04 and a current ratio of 2.04.

Postal Realty Trust (NYSE:PSTL) last announced its earnings results on Tuesday, August 6th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.19). Postal Realty Trust had a return on equity of 1.10% and a net margin of 4.93%. The firm had revenue of $18.05 million for the quarter, compared to analyst estimates of $17.78 million. During the same quarter last year, the business earned $0.27 EPS. As a group, equities research analysts anticipate that Postal Realty Trust, Inc. will post 0.79 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, August 30th. Investors of record on Friday, August 2nd were issued a $0.24 dividend. The ex-dividend date was Friday, August 2nd. This represents a $0.96 dividend on an annualized basis and a yield of 6.85%. Postal Realty Trust’s dividend payout ratio is presently 960.00%.

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.