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

Barclays PLC raised its holdings in Postal Realty Trust, Inc. (NYSE:PSTL) by 269.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,480 shares of the company’s stock after purchasing an additional 21,506 shares during the period. Barclays PLC’s holdings in Postal Realty Trust were worth $432,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in PSTL. Renaissance Technologies LLC grew its position in Postal Realty Trust by 40.1% during the second quarter. Renaissance Technologies LLC now owns 267,427 shares of the company’s stock worth $3,565,000 after buying an additional 76,477 shares in the last quarter. State Street Corp lifted its position in shares of Postal Realty Trust by 2.0% during the 3rd quarter. State Street Corp now owns 477,091 shares of the company’s stock valued at $6,985,000 after acquiring an additional 9,394 shares during the period. FMR LLC grew its holdings in shares of Postal Realty Trust by 1.4% during the 3rd quarter. FMR LLC now owns 3,446,129 shares of the company’s stock worth $50,451,000 after purchasing an additional 46,439 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Postal Realty Trust by 6.8% in the second quarter. Bank of New York Mellon Corp now owns 127,797 shares of the company’s stock worth $1,704,000 after purchasing an additional 8,106 shares during the period. Finally, Los Angeles Capital Management LLC acquired a new position in Postal Realty Trust in the second quarter valued at about $550,000. 57.89% of the stock is owned by institutional investors.

Insider Activity at Postal Realty Trust

In related news, CEO Andrew Spodek acquired 7,968 shares of the stock in a transaction that occurred on Thursday, December 19th. The stock was acquired at an average cost of $13.00 per share, for a total transaction of $103,584.00. Following the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 13.20% of the stock is currently owned by insiders.

Postal Realty Trust Trading Up 0.8 %

Shares of Postal Realty Trust stock opened at $12.99 on Friday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.90. Postal Realty Trust, Inc. has a 12-month low of $12.77 and a 12-month high of $15.15. The company has a market capitalization of $304.65 million, a price-to-earnings ratio of 162.40, a PEG ratio of 2.45 and a beta of 0.67. The firm’s 50-day moving average price is $13.82 and its two-hundred day moving average price is $14.09.

Postal Realty Trust (NYSE:PSTL) last announced its quarterly earnings data 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 firm had revenue of $19.67 million during the quarter, compared to the consensus estimate of $18.49 million. During the same period last year, the business earned $0.27 earnings per share. On average, analysts forecast that Postal Realty Trust, Inc. will post 0.8 earnings per share for the current fiscal year.

Postal Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Monday, November 4th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.39%. Postal Realty Trust’s dividend payout ratio (DPR) is currently 1,200.00%.

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.