Asset Management One Co. Ltd. increased its holdings in shares of Postal Realty Trust, Inc. (NYSE:PSTL – Free Report) by 4.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 57,786 shares of the company’s stock after acquiring an additional 2,534 shares during the period. Asset Management One Co. Ltd.’s holdings in Postal Realty Trust were worth $846,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Quest Partners LLC boosted its holdings in Postal Realty Trust by 121,650.0% during the second quarter. Quest Partners LLC now owns 2,435 shares of the company’s stock worth $32,000 after purchasing an additional 2,433 shares during the last quarter. SG Americas Securities LLC acquired a new position in Postal Realty Trust during the third quarter worth $108,000. International Assets Investment Management LLC boosted its holdings in 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 worth $124,000 after purchasing an additional 7,895 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in Postal Realty Trust by 16.5% during the second quarter. Nisa Investment Advisors LLC now owns 8,492 shares of the company’s stock worth $113,000 after purchasing an additional 1,200 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in Postal Realty Trust by 89.4% during the first quarter. BNP Paribas Financial Markets now owns 9,951 shares of the company’s stock worth $142,000 after purchasing an additional 4,698 shares during the last quarter. Institutional investors and hedge funds own 57.89% of the company’s stock.
Postal Realty Trust Stock Performance
Shares of PSTL opened at $14.49 on Monday. The stock has a market capitalization of $333.70 million, a price-to-earnings ratio of 181.15, a PEG ratio of 2.62 and a beta of 0.67. The company has a current ratio of 1.57, a quick ratio of 2.04 and a debt-to-equity ratio of 0.90. The firm has a fifty day simple moving average of $14.50 and a 200 day simple moving average of $14.07. Postal Realty Trust, Inc. has a 12 month low of $13.00 and a 12 month high of $15.15.
Postal Realty Trust Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Monday, November 4th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 6.63%. The ex-dividend date is Monday, November 4th. Postal Realty Trust’s dividend payout ratio is currently 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.
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