Postal Realty Trust, Inc. (NYSE:PSTL) Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC increased its position in shares of Postal Realty Trust, Inc. (NYSE:PSTL) by 0.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 175,218 shares of the company’s stock after purchasing an additional 1,380 shares during the quarter. HighTower Advisors LLC’s holdings in Postal Realty Trust were worth $2,564,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PSTL. Renaissance Technologies LLC boosted its holdings in shares of Postal Realty Trust by 40.1% during the 2nd quarter. Renaissance Technologies LLC now owns 267,427 shares of the company’s stock worth $3,565,000 after purchasing an additional 76,477 shares during the last quarter. FMR LLC lifted its position in Postal Realty Trust by 1.4% during the third quarter. FMR LLC now owns 3,446,129 shares of the company’s stock worth $50,451,000 after buying an additional 46,439 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in Postal Realty Trust during the second quarter worth approximately $550,000. Atom Investors LP acquired a new position in Postal Realty Trust during the third quarter worth $446,000. Finally, Presima Securities ULC acquired a new stake in shares of Postal Realty Trust in the 3rd quarter worth $439,000. Hedge funds and other institutional investors own 57.89% of the company’s stock.

Postal Realty Trust Trading Up 0.4 %

Shares of PSTL stock opened at $13.81 on Friday. 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 twelve month low of $13.00 and a twelve month high of $15.15. The company’s 50-day moving average price is $14.20 and its 200-day moving average price is $14.11. The stock has a market cap of $323.84 million, a price-to-earnings ratio of 172.65, a PEG ratio of 2.46 and a beta of 0.66.

Postal Realty Trust (NYSE:PSTL) last issued its 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 firm had revenue of $19.67 million for the quarter, compared to analysts’ expectations 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 period last year, the firm earned $0.27 earnings per share. As a group, equities analysts predict that Postal Realty Trust, Inc. will post 0.8 earnings per share for the current year.

Postal Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 4th were given a $0.24 dividend. The ex-dividend date was Monday, November 4th. This represents a $0.96 annualized dividend and a yield of 6.95%. Postal Realty Trust’s payout ratio is 1,200.15%.

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.