Janney Montgomery Scott LLC Boosts Holdings in Postal Realty Trust, Inc. (NYSE:PSTL)

Janney Montgomery Scott LLC increased its position in Postal Realty Trust, Inc. (NYSE:PSTL) by 1.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 168,050 shares of the company’s stock after purchasing an additional 3,003 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.74% of Postal Realty Trust worth $2,460,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Nisa Investment Advisors LLC lifted its stake 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 worth $113,000 after buying an additional 1,200 shares during the period. Avantax Advisory Services Inc. grew its holdings in shares of Postal Realty Trust by 14.4% in the first 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. Quest Partners LLC lifted its position in Postal Realty Trust by 121,650.0% in the second quarter. Quest Partners LLC now owns 2,435 shares of the company’s stock valued at $32,000 after buying an additional 2,433 shares during the last quarter. Gilman Hill Asset Management LLC grew its stake in shares of Postal Realty Trust by 0.8% in the third quarter. Gilman Hill Asset Management LLC now owns 565,355 shares of the company’s stock valued at $8,277,000 after buying an additional 4,258 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings 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 buying an additional 4,698 shares in the last quarter. Hedge funds and other institutional investors own 57.89% of the company’s stock.

Postal Realty Trust Stock Performance

Shares of Postal Realty Trust stock opened at $14.36 on Tuesday. Postal Realty Trust, Inc. has a one year low of $13.00 and a one year high of $15.15. The company has a debt-to-equity ratio of 0.90, a quick ratio of 2.04 and a current ratio of 1.57. The company has a market cap of $330.71 million, a PE ratio of 180.40, a P/E/G ratio of 2.62 and a beta of 0.67. The business has a 50-day simple moving average of $14.50 and a 200-day simple moving average of $14.07.

Postal Realty Trust (NYSE:PSTL) last released 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). Postal Realty Trust had a return on equity of 1.06% and a net margin of 4.55%. The firm had revenue of $19.67 million during the quarter, compared to analyst estimates of $18.49 million. During the same quarter last year, the business posted $0.27 EPS. On average, equities research analysts forecast that Postal Realty Trust, Inc. will post 0.79 EPS for the current fiscal year.

Postal Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 4th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, November 4th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.69%. Postal Realty Trust’s dividend payout ratio (DPR) is 1,200.15%.

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.