Loomis Sayles & Co. L P Has $4.18 Million Position in Postal Realty Trust, Inc. (NYSE:PSTL)

Loomis Sayles & Co. L P lowered its holdings in shares of Postal Realty Trust, Inc. (NYSE:PSTL) by 3.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 285,320 shares of the company’s stock after selling 11,676 shares during the period. Loomis Sayles & Co. L P’s holdings in Postal Realty Trust were worth $4,177,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PSTL. Vanguard Group Inc. boosted its stake in Postal Realty Trust by 0.9% during the first quarter. Vanguard Group Inc. now owns 935,321 shares of the company’s stock worth $13,394,000 after buying an additional 8,129 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Postal Realty Trust in the 1st quarter valued at $251,000. Gilman Hill Asset Management LLC grew its holdings in shares of Postal Realty Trust by 1.9% in the 2nd quarter. Gilman Hill Asset Management LLC now owns 561,097 shares of the company’s stock worth $7,479,000 after purchasing an additional 10,259 shares during the last quarter. Nisa Investment Advisors LLC increased its position in shares of Postal Realty Trust by 16.5% during the 2nd quarter. Nisa Investment Advisors LLC now owns 8,492 shares of the company’s stock worth $113,000 after purchasing an additional 1,200 shares in the last quarter. Finally, HTLF Bank lifted its holdings in Postal Realty Trust by 4.7% during the 2nd quarter. HTLF Bank now owns 125,814 shares of the company’s stock valued at $1,677,000 after purchasing an additional 5,626 shares during the last quarter. Institutional investors and hedge funds own 57.89% of the company’s stock.

Postal Realty Trust Price Performance

Shares of Postal Realty Trust stock opened at $14.14 on Thursday. The stock has a market capitalization 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 firm’s 50-day moving average price is $14.37 and its two-hundred day moving average price is $14.09. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.90. Postal Realty Trust, Inc. has a 1-year low of $13.00 and a 1-year high of $15.15.

Postal Realty Trust (NYSE:PSTL) last released its quarterly earnings results on Monday, November 4th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.23). The business had revenue of $19.67 million for the quarter, compared to the consensus estimate 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 last year, the company earned $0.27 earnings per share. On average, equities analysts predict that Postal Realty Trust, Inc. will post 0.8 earnings per share for the current fiscal year.

Postal Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 4th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 6.79%. The ex-dividend date is Monday, November 4th. Postal Realty Trust’s payout ratio is presently 1,200.00%.

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.