Postal Realty Trust, Inc. (NYSE:PSTL) Stock Holdings Cut by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lessened its position in Postal Realty Trust, Inc. (NYSE:PSTL) by 10.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,734 shares of the company’s stock after selling 4,500 shares during the period. Los Angeles Capital Management LLC owned approximately 0.16% of Postal Realty Trust worth $538,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. 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 buying an additional 1,200 shares in the last quarter. Avantax Advisory Services Inc. grew its holdings in shares of Postal Realty Trust by 14.4% in the 1st quarter. Avantax Advisory Services Inc. now owns 12,784 shares of the company’s stock worth $183,000 after acquiring an additional 1,612 shares during the last quarter. Quest Partners LLC raised its position in shares of 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 period. Asset Management One Co. Ltd. lifted its holdings in shares of Postal Realty Trust by 4.6% during the third quarter. Asset Management One Co. Ltd. now owns 57,786 shares of the company’s stock valued at $846,000 after purchasing an additional 2,534 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in Postal Realty Trust by 1.8% in the 3rd quarter. Janney Montgomery Scott LLC now owns 168,050 shares of the company’s stock worth $2,460,000 after purchasing an additional 3,003 shares in the last quarter. Institutional investors and hedge funds own 57.89% of the company’s stock.

Postal Realty Trust Price Performance

NYSE PSTL opened at $13.88 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.90. Postal Realty Trust, Inc. has a 1 year low of $13.00 and a 1 year high of $15.15. The company has a market cap of $319.66 million, a PE ratio of 173.52, a PEG ratio of 2.60 and a beta of 0.67. The stock’s 50-day moving average price is $14.48 and its two-hundred day moving average price is $14.08.

Postal Realty Trust (NYSE:PSTL) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.03 EPS for the quarter, missing the consensus estimate 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 analysts’ expectations of $18.49 million. During the same quarter last year, the company posted $0.27 EPS. On average, analysts predict that Postal Realty Trust, Inc. will post 0.79 EPS for the current year.

Postal Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 4th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, November 4th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.92%. Postal Realty Trust’s dividend payout ratio is 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.