Nisa Investment Advisors LLC Decreases Holdings in Postal Realty Trust, Inc. (NYSE:PSTL)

Nisa Investment Advisors LLC trimmed its position in Postal Realty Trust, Inc. (NYSE:PSTL) by 14.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,255 shares of the company’s stock after selling 874 shares during the period. Nisa Investment Advisors LLC’s holdings in Postal Realty Trust were worth $75,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in PSTL. Pekin Hardy Strauss Inc. increased its holdings in shares of Postal Realty Trust by 8.4% during the first quarter. Pekin Hardy Strauss Inc. now owns 16,100 shares of the company’s stock valued at $230,000 after acquiring an additional 1,250 shares in the last quarter. Penserra Capital Management LLC grew its holdings in shares of Postal Realty Trust by 21.0% during the first quarter. Penserra Capital Management LLC now owns 80,268 shares of the company’s stock valued at $1,146,000 after buying an additional 13,907 shares during the last quarter. Asset Management One Co. Ltd. increased its position in shares of Postal Realty Trust by 6.5% in the 1st quarter. Asset Management One Co. Ltd. now owns 57,837 shares of the company’s stock valued at $826,000 after acquiring an additional 3,511 shares during the period. Janney Montgomery Scott LLC raised its stake in Postal Realty Trust by 21.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 185,857 shares of the company’s stock worth $2,654,000 after acquiring an additional 32,308 shares during the last quarter. Finally, North Star Investment Management Corp. raised its stake in shares of Postal Realty Trust by 0.6% in the first quarter. North Star Investment Management Corp. now owns 494,165 shares of the company’s stock worth $7,057,000 after purchasing an additional 2,775 shares during the last quarter. 57.89% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Stifel Nicolaus reduced their price target on shares of Postal Realty Trust from $16.75 to $16.50 and set a “buy” rating for the company in a research report on Thursday, May 1st. Wall Street Zen raised Postal Realty Trust from a “hold” rating to a “buy” rating in a research report on Saturday, May 24th.

Postal Realty Trust Stock Down 0.8%

Shares of PSTL stock opened at $14.50 on Friday. Postal Realty Trust, Inc. has a twelve month low of $12.26 and a twelve month high of $15.42. The stock has a market cap of $345.25 million, a P/E ratio of 51.79 and a beta of 0.81. The stock has a 50 day moving average of $14.33 and a 200 day moving average of $13.68. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.97.

Postal Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 1st were issued a dividend of $0.2425 per share. This represents a $0.97 annualized dividend and a dividend yield of 6.69%. The ex-dividend date of this dividend was Thursday, May 1st. Postal Realty Trust’s dividend payout ratio (DPR) is 346.43%.

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.