GSA Capital Partners LLP purchased a new stake in Postal Realty Trust, Inc. (NYSE:PSTL – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 22,635 shares of the company’s stock, valued at approximately $331,000. GSA Capital Partners LLP owned 0.10% of Postal Realty Trust as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of Postal Realty Trust by 0.9% during the first quarter. Vanguard Group Inc. now owns 935,321 shares of the company’s stock valued at $13,394,000 after acquiring an additional 8,129 shares in the last quarter. Gilman Hill Asset Management LLC increased its holdings in shares of Postal Realty Trust by 0.8% during the third quarter. Gilman Hill Asset Management LLC now owns 565,355 shares of the company’s stock valued at $8,277,000 after acquiring an additional 4,258 shares in the last quarter. North Star Investment Management Corp. increased its holdings in shares of Postal Realty Trust by 1.2% during the third quarter. North Star Investment Management Corp. now owns 493,290 shares of the company’s stock valued at $7,222,000 after acquiring an additional 5,700 shares in the last quarter. Renaissance Technologies LLC increased its holdings in shares of Postal Realty Trust by 40.1% during the second quarter. Renaissance Technologies LLC now owns 267,427 shares of the company’s stock valued at $3,565,000 after acquiring an additional 76,477 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Postal Realty Trust by 14.5% during the second quarter. Dimensional Fund Advisors LP now owns 224,417 shares of the company’s stock valued at $2,991,000 after acquiring an additional 28,485 shares in the last quarter. 57.89% of the stock is owned by institutional investors and hedge funds.
Postal Realty Trust Trading Up 0.9 %
NYSE PSTL opened at $13.93 on Friday. The company has a market cap of $326.70 million, a price-to-earnings ratio of 174.13, a P/E/G ratio of 2.52 and a beta of 0.67. Postal Realty Trust, Inc. has a 52 week low of $13.00 and a 52 week high of $15.15. The business has a 50 day moving average price of $14.41 and a 200-day moving average price of $14.08. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.90.
Postal Realty Trust Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Monday, November 4th will be given a dividend of $0.24 per share. The ex-dividend date is Monday, November 4th. This represents a $0.96 annualized dividend and a yield of 6.89%. Postal Realty Trust’s payout ratio is currently 1,200.00%.
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.
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