Postal Realty Trust, Inc. (NYSE:PSTL) Shares Acquired by North Star Investment Management Corp.

North Star Investment Management Corp. increased its position in shares of Postal Realty Trust, Inc. (NYSE:PSTL) by 1.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 493,290 shares of the company’s stock after purchasing an additional 5,700 shares during the period. North Star Investment Management Corp. owned 2.18% of Postal Realty Trust worth $7,222,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Nisa Investment Advisors LLC increased its stake in 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 last quarter. Avantax Advisory Services Inc. grew its position in shares of Postal Realty Trust by 14.4% in the 1st quarter. Avantax Advisory Services Inc. now owns 12,784 shares of the company’s stock valued at $183,000 after buying an additional 1,612 shares during the last quarter. Quest Partners LLC raised its stake in Postal Realty Trust by 121,650.0% during the 2nd quarter. Quest Partners LLC now owns 2,435 shares of the company’s stock worth $32,000 after acquiring an additional 2,433 shares in the last quarter. Asset Management One Co. Ltd. raised its stake in Postal Realty Trust by 4.6% during the 3rd quarter. Asset Management One Co. Ltd. now owns 57,786 shares of the company’s stock worth $846,000 after acquiring an additional 2,534 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in Postal Realty Trust by 1.8% in the third quarter. Janney Montgomery Scott LLC now owns 168,050 shares of the company’s stock valued at $2,460,000 after acquiring an additional 3,003 shares during the last quarter. Hedge funds and other institutional investors own 57.89% of the company’s stock.

Postal Realty Trust Stock Performance

Shares of PSTL stock traded up $0.59 during mid-day trading on Tuesday, hitting $14.59. 76,455 shares of the stock were exchanged, compared to its average volume of 96,562. The stock’s fifty day simple moving average is $14.50 and its two-hundred day simple moving average is $14.05. The company has a debt-to-equity ratio of 0.88, a quick ratio of 2.04 and a current ratio of 2.04. Postal Realty Trust, Inc. has a 12-month low of $13.00 and a 12-month high of $15.15. The stock has a market capitalization of $336.01 million, a price-to-earnings ratio of 161.13, a P/E/G ratio of 2.59 and a beta of 0.67.

Postal Realty Trust (NYSE:PSTL) last announced its earnings results on Monday, November 4th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.23). The firm had revenue of $19.67 million during the quarter, compared to analyst estimates of $18.49 million. Postal Realty Trust had a net margin of 4.93% and a return on equity of 1.10%. During the same period last year, the company earned $0.27 earnings per share. On average, analysts forecast that Postal Realty Trust, Inc. will post 0.79 EPS for the current year.

Postal Realty Trust Announces Dividend

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 given a dividend of $0.24 per share. The ex-dividend date is Monday, November 4th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.58%. Postal Realty Trust’s dividend payout ratio (DPR) is presently 1,066.79%.

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.