Barclays PLC Has $432,000 Position in Postal Realty Trust, Inc. (NYSE:PSTL)

Barclays PLC lifted its stake in Postal Realty Trust, Inc. (NYSE:PSTL) by 269.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,480 shares of the company’s stock after acquiring an additional 21,506 shares during the quarter. Barclays PLC’s holdings in Postal Realty Trust were worth $432,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC lifted its stake in Postal Realty Trust by 1.4% in the third quarter. FMR LLC now owns 3,446,129 shares of the company’s stock valued at $50,451,000 after acquiring an additional 46,439 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Postal Realty Trust by 3.5% in the 3rd quarter. Geode Capital Management LLC now owns 577,040 shares of the company’s stock valued at $8,449,000 after purchasing an additional 19,600 shares during the last quarter. Gilman Hill Asset Management LLC boosted its holdings in Postal Realty Trust by 0.8% in the third quarter. Gilman Hill Asset Management LLC now owns 565,355 shares of the company’s stock worth $8,277,000 after purchasing an additional 4,258 shares in the last quarter. North Star Investment Management Corp. boosted its holdings in Postal Realty Trust by 1.2% in the third quarter. North Star Investment Management Corp. now owns 493,290 shares of the company’s stock worth $7,222,000 after purchasing an additional 5,700 shares in the last quarter. Finally, State Street Corp increased its position in 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 buying an additional 9,394 shares during the last quarter. 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 bought 7,968 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The stock was purchased at an average price of $13.00 per share, for a total transaction 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 trade represents a 2.96 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 13.20% of the stock is currently owned by company insiders.

Postal Realty Trust Price Performance

Shares of NYSE:PSTL opened at $13.05 on Friday. The stock has a market capitalization of $306.12 million, a P/E ratio of 163.20, a P/E/G ratio of 2.10 and a beta of 0.67. The business has a 50-day moving average of $13.46 and a two-hundred day moving average of $14.06. Postal Realty Trust, Inc. has a fifty-two week low of $12.43 and a fifty-two week 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) last posted its earnings results on Monday, November 4th. The company reported $0.03 earnings per share 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 company had revenue of $19.67 million during the quarter, compared to analyst estimates of $18.49 million. During the same quarter last year, the firm posted $0.27 earnings per share. On average, equities research analysts predict that Postal Realty Trust, Inc. will post 0.83 EPS for the current fiscal year.

Postal Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Monday, November 4th were paid a $0.24 dividend. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.96 dividend on an annualized basis and a yield of 7.35%. Postal Realty Trust’s payout ratio 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.