Postal Realty Trust, Inc. (NYSE:PSTL) Holdings Decreased by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC trimmed its position in shares of Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) by 3.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 545,625 shares of the company's stock after selling 19,730 shares during the period. Postal Realty Trust makes up about 1.2% of Gilman Hill Asset Management LLC's holdings, making the stock its 24th largest holding. Gilman Hill Asset Management LLC owned about 2.33% of Postal Realty Trust worth $7,120,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of PSTL. SG Americas Securities LLC purchased a new stake in shares of Postal Realty Trust during the third quarter worth $108,000. International Assets Investment Management LLC grew its position in shares of Postal Realty Trust by 1,387.5% in the 3rd 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. Nisa Investment Advisors LLC grew 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 purchasing an additional 1,837 shares during the last quarter. Pekin Hardy Strauss Inc. purchased a new stake in Postal Realty Trust in the third quarter valued at approximately $154,000. Finally, Arete Wealth Advisors LLC boosted its stake in Postal Realty Trust by 11.7% during the 3rd 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. 57.89% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Postal Realty Trust

In other Postal Realty Trust news, CEO Andrew Spodek purchased 7,968 shares of Postal Realty Trust stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of $13.00 per share, with a total value of $103,584.00. Following the completion of the transaction, the chief executive officer now directly owns 277,518 shares in the company, valued at approximately $3,607,734. This represents a 2.96 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 13.20% of the company's stock.

Postal Realty Trust Stock Performance

Shares of PSTL stock traded down $0.01 during midday trading on Monday, hitting $13.05. The company had a trading volume of 99,939 shares, compared to its average volume of 157,943. 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 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. The company's 50 day simple moving average is $13.46 and its 200 day simple moving average is $14.07. Postal Realty Trust, Inc. has a 52-week low of $12.43 and a 52-week high of $15.15.

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). Postal Realty Trust had a net margin of 4.55% and a return on equity of 1.06%. The company had revenue of $19.67 million during the quarter, compared to analysts' expectations of $18.49 million. During the same quarter in the prior year, the business earned $0.27 EPS. Research analysts anticipate that Postal Realty Trust, Inc. will post 0.83 earnings per share for the current fiscal year.

Postal Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 4th were issued a $0.24 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.96 annualized dividend and a yield of 7.35%. Postal Realty Trust's dividend payout ratio (DPR) is presently 1,200.15%.

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.