44,332 Shares in Postal Realty Trust, Inc. (NYSE:PSTL) Acquired by Nvwm LLC

Nvwm LLC bought a new stake in shares of Postal Realty Trust, Inc. (NYSE:PSTL) in the 4th quarter, Holdings Channel.com reports. The firm bought 44,332 shares of the company’s stock, valued at approximately $579,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PSTL. HighTower Advisors LLC grew its stake in shares of Postal Realty Trust by 0.8% during the 3rd quarter. HighTower Advisors LLC now owns 175,218 shares of the company’s stock valued at $2,564,000 after acquiring an additional 1,380 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of Postal Realty Trust by 21.6% in the third quarter. Nisa Investment Advisors LLC now owns 10,329 shares of the company’s stock worth $151,000 after purchasing an additional 1,837 shares in the last quarter. Arete Wealth Advisors LLC raised its position in shares of 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 period. SG Americas Securities LLC lifted its stake in shares of Postal Realty Trust by 30.9% during the 4th quarter. SG Americas Securities LLC now owns 9,648 shares of the company’s stock valued at $126,000 after buying an additional 2,277 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its stake in Postal Realty Trust by 4.6% in the 3rd quarter. Asset Management One Co. Ltd. now owns 57,786 shares of the company’s stock worth $846,000 after buying an additional 2,534 shares in the last quarter. 57.89% of the stock is owned by hedge funds and other institutional investors.

Postal Realty Trust Stock Performance

NYSE PSTL opened at $13.77 on Thursday. 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 twelve month low of $12.43 and a twelve month high of $15.15. The business has a 50-day moving average price of $13.24 and a 200-day moving average price of $14.00. The firm has a market cap of $322.84 million, a price-to-earnings ratio of 172.11, a price-to-earnings-growth ratio of 2.17 and a beta of 0.67.

Postal Realty Trust (NYSE:PSTL) last posted its earnings results on Monday, November 4th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.23). The company had revenue of $19.67 million for the quarter, compared to analysts’ expectations of $18.49 million. Postal Realty Trust had a net margin of 4.55% and a return on equity of 1.06%. During the same period in the previous year, the business posted $0.27 earnings per share. As a group, equities research analysts predict that Postal Realty Trust, Inc. will post 0.84 EPS for the current fiscal year.

Postal Realty Trust Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a $0.2425 dividend. This represents a $0.97 annualized dividend and a dividend yield of 7.05%. This is a boost from Postal Realty Trust’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Friday, February 14th. Postal Realty Trust’s payout ratio is 1,200.15%.

Insider Buying and Selling

In other Postal Realty Trust news, CEO Andrew Spodek acquired 7,968 shares of the stock in a transaction on Thursday, December 19th. The stock was acquired at an average price of $13.00 per share, for a total transaction of $103,584.00. Following the completion of the transaction, the chief executive officer now directly owns 277,518 shares of the company’s stock, valued at $3,607,734. This trade represents a 2.96 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 13.20% of the stock is owned by company insiders.

About Postal Realty Trust

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.