Presima Securities ULC Purchases Shares of 30,000 Postal Realty Trust, Inc. (NYSE:PSTL)

Presima Securities ULC acquired a new position in Postal Realty Trust, Inc. (NYSE:PSTL) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 30,000 shares of the company’s stock, valued at approximately $439,000.

Several other institutional investors have also recently made changes to their positions in PSTL. Foundry Partners LLC lifted its holdings in Postal Realty Trust by 87.8% in the 1st quarter. Foundry Partners LLC now owns 331,731 shares of the company’s stock worth $4,750,000 after purchasing an additional 155,086 shares in the last quarter. Gilman Hill Asset Management LLC lifted its holdings in shares of Postal Realty Trust by 24.0% in the first quarter. Gilman Hill Asset Management LLC now owns 550,838 shares of the company’s stock worth $7,888,000 after buying an additional 106,613 shares in the last quarter. Renaissance Technologies LLC boosted its position 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 worth $3,565,000 after acquiring an additional 76,477 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Postal Realty Trust during the second quarter worth $550,000. Finally, Prosperity Consulting Group LLC purchased a new position in Postal Realty Trust during the first quarter valued at $540,000. Hedge funds and other institutional investors own 57.89% of the company’s stock.

Postal Realty Trust Stock Up 1.3 %

Shares of PSTL stock opened at $14.64 on Thursday. The company’s fifty day simple moving average is $14.41 and its two-hundred day simple moving average is $13.98. Postal Realty Trust, Inc. has a 52 week low of $13.00 and a 52 week high of $15.15. The stock has a market cap of $331.82 million, a P/E ratio of 146.40, a PEG ratio of 2.56 and a beta of 0.67. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.88.

Postal Realty Trust (NYSE:PSTL) last issued its earnings results on Tuesday, August 6th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $17.78 million. During the same period last year, the firm posted $0.27 earnings per share. Analysts predict that Postal Realty Trust, Inc. will post 0.79 EPS for the current fiscal year.

Postal Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 2nd were issued a dividend of $0.24 per share. The ex-dividend date was Friday, August 2nd. This represents a $0.96 annualized dividend and a dividend yield of 6.56%. Postal Realty Trust’s dividend payout ratio (DPR) is 960.00%.

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.