Postal Realty Trust, Inc. (NYSE:PSTL) Shares Acquired by Fmr LLC

FMR LLC boosted its position in shares of Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) by 1.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,446,129 shares of the company's stock after purchasing an additional 46,439 shares during the quarter. FMR LLC owned about 14.96% of Postal Realty Trust worth $50,451,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of PSTL. Renaissance Technologies LLC boosted its position in Postal Realty Trust by 40.1% during the 2nd quarter. Renaissance Technologies LLC now owns 267,427 shares of the company's stock valued at $3,565,000 after acquiring an additional 76,477 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Postal Realty Trust by 6.8% during the second quarter. Bank of New York Mellon Corp now owns 127,797 shares of the company's stock valued at $1,704,000 after purchasing an additional 8,106 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in Postal Realty Trust in the second quarter valued at about $550,000. Vanguard Group Inc. raised its holdings in Postal Realty Trust by 0.9% in the first quarter. Vanguard Group Inc. now owns 935,321 shares of the company's stock worth $13,394,000 after purchasing an additional 8,129 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of 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 valued at $124,000 after buying an additional 7,895 shares during the last quarter. 57.89% of the stock is owned by institutional investors.

Postal Realty Trust Stock Down 0.9 %

Shares of Postal Realty Trust stock traded down $0.12 on Friday, reaching $13.81. The stock had a trading volume of 110,791 shares, compared to its average volume of 88,158. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.90. The stock has a market capitalization of $323.84 million, a P/E ratio of 172.65, a P/E/G ratio of 2.48 and a beta of 0.66. The company has a 50 day moving average price of $14.27 and a 200 day moving average price of $14.11. Postal Realty Trust, Inc. has a 1 year low of $13.00 and a 1 year high of $15.15.

Postal Realty Trust (NYSE:PSTL - Get Free Report) last released its quarterly earnings results on Monday, November 4th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by ($0.23). Postal Realty Trust had a return on equity of 1.06% and a net margin of 4.55%. The firm had revenue of $19.67 million during the quarter, compared to analysts' expectations of $18.49 million. During the same period in the prior year, the firm posted $0.27 earnings per share. As a group, equities research analysts forecast that Postal Realty Trust, Inc. will post 0.8 EPS for the current year.

Postal Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 4th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 6.95%. The ex-dividend date of this dividend was Monday, November 4th. Postal Realty Trust's dividend payout ratio (DPR) is presently 1,200.15%.

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.