Barclays PLC Grows Stock Position in Postal Realty Trust, Inc. (NYSE:PSTL)

Barclays PLC lifted its stake in Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) by 269.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,480 shares of the company's stock after purchasing an additional 21,506 shares during the quarter. Barclays PLC owned about 0.13% of Postal Realty Trust worth $432,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of PSTL. Arete Wealth Advisors LLC lifted its holdings 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. Geode Capital Management LLC lifted its stake in Postal Realty Trust by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 577,040 shares of the company's stock valued at $8,449,000 after acquiring an additional 19,600 shares during the period. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Postal Realty Trust by 16.9% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 27,600 shares of the company's stock valued at $404,000 after acquiring an additional 4,000 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Postal Realty Trust by 166.6% in the third quarter. Jane Street Group LLC now owns 52,240 shares of the company's stock worth $765,000 after acquiring an additional 32,644 shares during the period. Finally, State Street Corp raised its holdings in shares of Postal Realty Trust by 2.0% during the third quarter. State Street Corp now owns 477,091 shares of the company's stock worth $6,985,000 after purchasing an additional 9,394 shares during the last quarter. Hedge funds and other institutional investors own 57.89% of the company's stock.

Postal Realty Trust Stock Performance

NYSE:PSTL traded down $0.01 during mid-day trading on Friday, hitting $13.05. The company's stock had a trading volume of 99,939 shares, compared to its average volume of 157,943. The business's fifty day moving average is $13.46 and its two-hundred day moving average is $14.07. The stock has a market cap of $306.12 million, a price-to-earnings ratio of 163.20, a PEG ratio of 2.10 and a beta of 0.67. Postal Realty Trust, Inc. has a 1 year low of $12.43 and a 1 year 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.

Postal Realty Trust (NYSE:PSTL - Get Free Report) last announced its quarterly 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). The company had revenue of $19.67 million during the quarter, compared to analyst estimates of $18.49 million. Postal Realty Trust had a net margin of 4.55% and a return on equity of 1.06%. During the same period in the previous year, the firm posted $0.27 earnings per share. Analysts anticipate that Postal Realty Trust, Inc. will post 0.83 EPS for the current fiscal year.

Postal Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 4th were given a dividend of $0.24 per share. The ex-dividend date was Monday, November 4th. This represents a $0.96 annualized dividend and a yield of 7.35%. Postal Realty Trust's dividend payout ratio is presently 1,200.15%.

Insider Buying and Selling at Postal Realty Trust

In other Postal Realty Trust news, CEO Andrew Spodek bought 7,968 shares of Postal Realty Trust stock in a transaction dated Thursday, December 19th. The stock was acquired at an average cost of $13.00 per share, with a total value of $103,584.00. Following the purchase, the chief executive officer now directly owns 277,518 shares in the company, valued at $3,607,734. This represents a 2.96 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 13.20% of the stock is owned by corporate 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.