Stifel Financial Corp Decreases Stake in Postal Realty Trust, Inc. (NYSE:PSTL)

Stifel Financial Corp decreased its position in shares of Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) by 12.1% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 312,029 shares of the company's stock after selling 42,856 shares during the quarter. Stifel Financial Corp owned approximately 1.35% of Postal Realty Trust worth $4,568,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. FMR LLC increased its holdings in shares of Postal Realty Trust by 1.4% in the 3rd quarter. FMR LLC now owns 3,446,129 shares of the company's stock worth $50,451,000 after buying an additional 46,439 shares during the last quarter. Gilman Hill Asset Management LLC grew its holdings in Postal Realty Trust by 0.8% during the 3rd quarter. Gilman Hill Asset Management LLC now owns 565,355 shares of the company's stock valued at $8,277,000 after purchasing an additional 4,258 shares during the last quarter. North Star Investment Management Corp. boosted its position in Postal Realty Trust by 1.2% in the 3rd quarter. North Star Investment Management Corp. now owns 493,290 shares of the company's stock valued at $7,222,000 after buying an additional 5,700 shares during the period. Foundry Partners LLC boosted its position in Postal Realty Trust by 1.0% in the 3rd quarter. Foundry Partners LLC now owns 330,761 shares of the company's stock valued at $4,842,000 after buying an additional 3,215 shares during the period. Finally, Renaissance Technologies LLC boosted its position in Postal Realty Trust by 40.1% in the 2nd quarter. Renaissance Technologies LLC now owns 267,427 shares of the company's stock valued at $3,565,000 after buying an additional 76,477 shares during the period. Hedge funds and other institutional investors own 57.89% of the company's stock.

Postal Realty Trust Stock Down 1.9 %

NYSE:PSTL traded down $0.26 during midday trading on Monday, reaching $13.55. 213,687 shares of the stock traded hands, compared to its average volume of 98,190. Postal Realty Trust, Inc. has a 12-month low of $13.00 and a 12-month high of $15.15. The business has a 50-day moving average of $14.20 and a two-hundred day moving average of $14.13. 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 stock has a market capitalization of $317.75 million, a PE ratio of 169.40, a price-to-earnings-growth ratio of 2.45 and a beta of 0.66.

Postal Realty Trust (NYSE:PSTL - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by ($0.23). The business had revenue of $19.67 million during the quarter, compared to analyst estimates of $18.49 million. Postal Realty Trust had a return on equity of 1.06% and a net margin of 4.55%. During the same quarter in the previous year, the company earned $0.27 EPS. On average, equities analysts forecast that Postal Realty Trust, Inc. will post 0.8 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. Stockholders of record on Monday, November 4th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 7.08%. The ex-dividend date was Monday, November 4th. Postal Realty Trust's dividend payout ratio is currently 1,200.15%.

Postal Realty Trust 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.