Nvwm LLC Buys Shares of 44,332 Postal Realty Trust, Inc. (NYSE:PSTL)

Nvwm LLC purchased a new position in shares of Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 44,332 shares of the company's stock, valued at approximately $579,000. Nvwm LLC owned 0.19% of Postal Realty Trust as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of PSTL. SG Americas Securities LLC acquired a new stake in shares of Postal Realty Trust during the 3rd quarter worth about $108,000. International Assets Investment Management LLC lifted its position in Postal Realty Trust by 1,387.5% during the third quarter. International Assets Investment Management LLC now owns 8,464 shares of the company's stock worth $124,000 after acquiring an additional 7,895 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Postal Realty Trust by 21.6% during the third quarter. Nisa Investment Advisors LLC now owns 10,329 shares of the company's stock worth $151,000 after acquiring an additional 1,837 shares during the period. Pekin Hardy Strauss Inc. acquired a new position in shares of Postal Realty Trust in the third quarter valued at approximately $154,000. Finally, Arete Wealth Advisors LLC increased its stake 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 purchasing an additional 1,981 shares during the period. Institutional investors and hedge funds own 57.89% of the company's stock.

Postal Realty Trust Stock Performance

NYSE:PSTL traded down $0.11 during mid-day trading on Friday, hitting $13.54. 75,261 shares of the stock were exchanged, compared to its average volume of 118,930. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.57 and a current ratio of 1.57. The firm's 50-day simple moving average is $13.21 and its 200 day simple moving average is $13.98. Postal Realty Trust, Inc. has a fifty-two week low of $12.43 and a fifty-two week high of $15.15. The stock has a market capitalization of $317.40 million, a price-to-earnings ratio of 169.21, a price-to-earnings-growth ratio of 2.25 and a beta of 0.67.

Postal Realty Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.2425 per share. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Postal Realty Trust's previous quarterly dividend of $0.24. This represents a $0.97 annualized dividend and a dividend yield of 7.17%. Postal Realty Trust's dividend payout ratio (DPR) is currently 1,200.15%.

Insider Activity

In related news, CEO Andrew Spodek purchased 7,968 shares of the company's stock in a transaction that occurred on Thursday, December 19th. The stock was acquired at an average price of $13.00 per share, with a total value of $103,584.00. Following the completion of the purchase, the chief executive officer now directly owns 277,518 shares in the company, valued at $3,607,734. This trade represents a 2.96 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 13.60% of the stock is owned by company insiders.

Postal Realty Trust Company 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.