Dakota Wealth Management Has $622,000 Stock Holdings in Postal Realty Trust, Inc. (NYSE:PSTL)

Dakota Wealth Management decreased its position in shares of Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) by 69.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 47,658 shares of the company's stock after selling 109,799 shares during the period. Dakota Wealth Management owned 0.20% of Postal Realty Trust worth $622,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in PSTL. JPMorgan Chase & Co. increased its stake in Postal Realty Trust by 32.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 111,799 shares of the company's stock worth $1,637,000 after buying an additional 27,700 shares during the period. Barclays PLC lifted its holdings in shares of Postal Realty Trust by 269.7% in the 3rd quarter. Barclays PLC now owns 29,480 shares of the company's stock worth $432,000 after purchasing an additional 21,506 shares during the last quarter. Arete Wealth Advisors LLC grew its position in shares of Postal Realty Trust by 11.7% during the third quarter. Arete Wealth Advisors LLC now owns 18,934 shares of the company's stock worth $276,000 after acquiring an additional 1,981 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Postal Realty Trust by 3.5% in the third quarter. Geode Capital Management LLC now owns 577,040 shares of the company's stock valued at $8,449,000 after purchasing an additional 19,600 shares during the period. Finally, Nomura Asset Management Co. Ltd. boosted its position in Postal Realty Trust by 16.9% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 27,600 shares of the company's stock worth $404,000 after acquiring an additional 4,000 shares during the period. 57.89% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Andrew Spodek bought 7,968 shares of Postal Realty Trust stock in a transaction dated Thursday, December 19th. The shares were bought at an average price of $13.00 per share, for a total transaction of $103,584.00. Following the purchase, the chief executive officer now owns 277,518 shares of the company's stock, valued at approximately $3,607,734. This trade represents a 2.96 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 13.60% of the stock is owned by insiders.

Postal Realty Trust Price Performance

Shares of NYSE PSTL traded up $0.01 during mid-day trading on Friday, reaching $13.00. 103,966 shares of the company traded hands, compared to its average volume of 122,844. Postal Realty Trust, Inc. has a fifty-two week low of $12.43 and a fifty-two week high of $15.15. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.57 and a quick ratio of 1.57. The stock has a fifty day simple moving average of $13.35 and a 200-day simple moving average of $14.05. The firm has a market cap of $304.77 million, a PE ratio of 162.46, a price-to-earnings-growth ratio of 2.14 and a beta of 0.67.

Postal Realty Trust (NYSE:PSTL - Get Free Report) last released 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). Postal Realty Trust had a net margin of 4.55% and a return on equity of 1.06%. The business had revenue of $19.67 million during the quarter, compared to analysts' expectations of $18.49 million. During the same quarter in the previous year, the company earned $0.27 EPS. Equities research analysts anticipate that Postal Realty Trust, Inc. will post 0.84 EPS for the current fiscal year.

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.