Loomis Sayles & Co. L P Sells 11,676 Shares of Postal Realty Trust, Inc. (NYSE:PSTL)

Loomis Sayles & Co. L P lessened its holdings in shares of Postal Realty Trust, Inc. (NYSE:PSTL) by 3.9% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 285,320 shares of the company’s stock after selling 11,676 shares during the quarter. Loomis Sayles & Co. L P owned approximately 1.24% of Postal Realty Trust worth $4,177,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PSTL. Quest Partners LLC raised its position in shares of 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 purchasing an additional 2,433 shares during the period. SG Americas Securities LLC bought a new position in shares of Postal Realty Trust in the third quarter valued at approximately $108,000. Nisa Investment Advisors LLC raised its position in shares of Postal Realty Trust by 16.5% in the second quarter. Nisa Investment Advisors LLC now owns 8,492 shares of the company’s stock valued at $113,000 after purchasing an additional 1,200 shares during the period. International Assets Investment Management LLC raised its position in shares of Postal Realty Trust by 1,387.5% in the third quarter. International Assets Investment Management LLC now owns 8,464 shares of the company’s stock valued at $124,000 after purchasing an additional 7,895 shares during the period. Finally, Pekin Hardy Strauss Inc. bought a new position in shares of Postal Realty Trust in the third quarter valued at approximately $154,000. Institutional investors own 57.89% of the company’s stock.

Postal Realty Trust Trading Up 0.6 %

NYSE:PSTL opened at $14.14 on Thursday. The company’s 50 day moving average is $14.37 and its 200-day moving average is $14.09. The firm has a market cap of $331.63 million, a price-to-earnings ratio of 176.75, a P/E/G ratio of 2.48 and a beta of 0.67. 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, Inc. has a 12 month low of $13.00 and a 12 month high of $15.15.

Postal Realty Trust (NYSE:PSTL) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.23). The company had revenue of $19.67 million during the quarter, compared to analyst estimates of $18.49 million. Postal Realty Trust had a return on equity of 1.06% and a net margin of 4.55%. During the same quarter in the previous year, the business posted $0.27 EPS. Equities analysts anticipate that Postal Realty Trust, Inc. will post 0.8 EPS for the current year.

Postal Realty Trust Dividend Announcement

The business 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 $0.24 dividend. The ex-dividend date is Monday, November 4th. This represents a $0.96 annualized dividend and a dividend yield of 6.79%. Postal Realty Trust’s payout ratio is 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.