SG Americas Securities LLC Has $126,000 Stake in Postal Realty Trust, Inc. (NYSE:PSTL)

SG Americas Securities LLC grew its stake in Postal Realty Trust, Inc. (NYSE:PSTL) by 30.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,648 shares of the company’s stock after purchasing an additional 2,277 shares during the period. SG Americas Securities LLC’s holdings in Postal Realty Trust were worth $126,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. International Assets Investment Management LLC boosted its position in shares of Postal Realty Trust by 1,387.5% during the 3rd quarter. International Assets Investment Management LLC now owns 8,464 shares of the company’s stock valued at $124,000 after acquiring an additional 7,895 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in Postal Realty Trust by 21.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 10,329 shares of the company’s stock valued at $151,000 after purchasing an additional 1,837 shares during the last quarter. Pekin Hardy Strauss Inc. bought a new position in Postal Realty Trust during the 3rd quarter valued at about $154,000. Arete Wealth Advisors LLC lifted its holdings in Postal Realty Trust by 11.7% during 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 last quarter. Finally, GSA Capital Partners LLP bought a new position in Postal Realty Trust during the 3rd quarter valued at about $331,000. 57.89% of the stock is currently owned by institutional investors and hedge funds.

Postal Realty Trust Trading Up 0.4 %

Shares of PSTL stock opened at $13.55 on Wednesday. Postal Realty Trust, Inc. has a 12-month low of $12.43 and a 12-month high of $15.15. The company has a market capitalization of $317.75 million, a P/E ratio of 169.40, a P/E/G ratio of 2.25 and a beta of 0.67. The firm has a 50-day moving average price of $13.19 and a 200 day moving average price of $13.97. 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 Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.2425 dividend. The ex-dividend date is Friday, February 14th. This is an increase from Postal Realty Trust’s previous quarterly dividend of $0.24. This represents a $0.97 dividend on an annualized basis and a dividend yield of 7.16%. Postal Realty Trust’s payout ratio is currently 1,200.15%.

Insiders Place Their Bets

In related news, CEO Andrew Spodek bought 7,968 shares of the company’s stock in a transaction on Thursday, December 19th. The stock was bought at an average cost of $13.00 per share, with a total value of $103,584.00. Following the completion of the purchase, the chief executive officer now owns 277,518 shares in the company, valued at approximately $3,607,734. The trade was a 2.96 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 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.