Postal Realty Trust, Inc. (NYSE:PSTL) Position Increased by Foundry Partners LLC

Foundry Partners LLC raised its position in Postal Realty Trust, Inc. (NYSE:PSTL) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 330,761 shares of the company’s stock after purchasing an additional 3,215 shares during the quarter. Foundry Partners LLC owned approximately 1.44% of Postal Realty Trust worth $4,842,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of PSTL. BNP Paribas Financial Markets lifted its stake in shares of Postal Realty Trust by 89.4% in the first 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 during the last quarter. Russell Investments Group Ltd. grew its position in shares of Postal Realty Trust by 67.5% in the first quarter. Russell Investments Group Ltd. now owns 92,722 shares of the company’s stock valued at $1,328,000 after purchasing an additional 37,354 shares during the last quarter. Avantax Advisory Services Inc. lifted its position in shares of Postal Realty Trust by 14.4% during the 1st quarter. Avantax Advisory Services Inc. now owns 12,784 shares of the company’s stock worth $183,000 after purchasing an additional 1,612 shares during the last quarter. Vanguard Group Inc. boosted its stake in Postal Realty Trust by 0.9% during the 1st quarter. Vanguard Group Inc. now owns 935,321 shares of the company’s stock valued at $13,394,000 after purchasing an additional 8,129 shares during the period. Finally, Virtu Financial LLC acquired a new stake in Postal Realty Trust in the 1st quarter valued at approximately $251,000. 57.89% of the stock is owned by institutional investors and hedge funds.

Postal Realty Trust Price Performance

Shares of PSTL stock opened at $13.82 on Friday. The firm has a market cap of $324.08 million, a PE ratio of 172.77, a price-to-earnings-growth ratio of 2.52 and a beta of 0.67. Postal Realty Trust, Inc. has a 12 month low of $13.00 and a 12 month high of $15.15. The stock has a 50 day moving average of $14.42 and a 200-day moving average 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 (NYSE:PSTL) last posted its quarterly 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 net margin of 4.55% and a return on equity of 1.06%. The firm had revenue of $19.67 million during the quarter, compared to analyst estimates of $18.49 million. During the same period last year, the company earned $0.27 EPS. On average, equities analysts predict that Postal Realty Trust, Inc. will post 0.79 EPS for the current year.

Postal Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Monday, November 4th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 6.95%. The ex-dividend date of this dividend is Monday, November 4th. Postal Realty Trust’s dividend payout ratio is 1,200.15%.

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.