SG Americas Securities LLC Purchases 3,169 Shares of Postal Realty Trust, Inc. (NYSE:PSTL)

SG Americas Securities LLC grew its position in shares of Postal Realty Trust, Inc. (NYSE:PSTL) by 39.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 11,165 shares of the company’s stock after buying an additional 3,169 shares during the quarter. SG Americas Securities LLC’s holdings in Postal Realty Trust were worth $163,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the company. FMR LLC lifted its position in shares of Postal Realty Trust by 3.5% during the 1st quarter. FMR LLC now owns 2,952,487 shares of the company’s stock worth $44,937,000 after buying an additional 100,310 shares in the last quarter. BlackRock Inc. grew its stake in Postal Realty Trust by 9.0% in the 2nd quarter. BlackRock Inc. now owns 1,240,048 shares of the company’s stock valued at $18,241,000 after buying an additional 102,382 shares in the last quarter. Vanguard Group Inc. grew its stake in Postal Realty Trust by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 857,008 shares of the company’s stock valued at $12,573,000 after buying an additional 20,060 shares in the last quarter. Hudson Bay Capital Management LP purchased a new position in Postal Realty Trust in the 3rd quarter valued at approximately $7,654,000. Finally, Gilman Hill Asset Management LLC grew its stake in Postal Realty Trust by 0.4% in the 3rd quarter. Gilman Hill Asset Management LLC now owns 473,694 shares of the company’s stock valued at $6,395,000 after buying an additional 1,779 shares in the last quarter. Institutional investors own 57.89% of the company’s stock.

Insider Buying and Selling at Postal Realty Trust

In other Postal Realty Trust news, Treasurer Jeremy Garber sold 3,651 shares of the firm’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $14.00, for a total value of $51,114.00. Following the completion of the transaction, the treasurer now directly owns 233,020 shares of the company’s stock, valued at approximately $3,262,280. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Treasurer Jeremy Garber sold 3,651 shares of Postal Realty Trust stock in a transaction on Friday, March 15th. The shares were sold at an average price of $14.00, for a total transaction of $51,114.00. Following the completion of the sale, the treasurer now directly owns 233,020 shares of the company’s stock, valued at approximately $3,262,280. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew Spodek acquired 10,000 shares of the company’s stock in a transaction dated Wednesday, April 10th. The shares were bought at an average cost of $13.75 per share, with a total value of $137,500.00. Following the completion of the acquisition, the chief executive officer now directly owns 237,518 shares in the company, valued at approximately $3,265,872.50. The disclosure for this purchase can be found here. Insiders own 13.60% of the company’s stock.

Postal Realty Trust Stock Down 0.6 %

Postal Realty Trust stock opened at $13.59 on Tuesday. Postal Realty Trust, Inc. has a 1-year low of $12.98 and a 1-year high of $15.71. The firm has a market capitalization of $305.94 million, a price-to-earnings ratio of 123.55, a P/E/G ratio of 2.35 and a beta of 0.65. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.80. The firm has a 50 day simple moving average of $14.06 and a 200 day simple moving average of $14.05.

Postal Realty Trust (NYSE:PSTL) last announced its quarterly earnings results on Monday, February 26th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.21). Postal Realty Trust had a net margin of 5.82% and a return on equity of 1.28%. The firm had revenue of $17.00 million during the quarter, compared to the consensus estimate of $16.48 million. During the same period in the previous year, the business earned $0.28 earnings per share. On average, analysts predict that Postal Realty Trust, Inc. will post 0.83 earnings per share for the current year.

Postal Realty Trust Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Friday, February 16th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 7.06%. This is an increase from Postal Realty Trust’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Thursday, February 15th. Postal Realty Trust’s dividend payout ratio (DPR) is presently 872.73%.

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.