SG Americas Securities LLC Takes $108,000 Position in Postal Realty Trust, Inc. (NYSE:PSTL)

SG Americas Securities LLC bought a new stake in shares of Postal Realty Trust, Inc. (NYSE:PSTL) during the third quarter, Holdings Channel reports. The fund bought 7,371 shares of the company’s stock, valued at approximately $108,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in PSTL. Nisa Investment Advisors LLC boosted its holdings in Postal Realty Trust by 16.5% in the 2nd 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 during the last quarter. Avantax Advisory Services Inc. lifted its position in shares of Postal Realty Trust by 14.4% in the first quarter. Avantax Advisory Services Inc. now owns 12,784 shares of the company’s stock valued at $183,000 after acquiring an additional 1,612 shares in the last quarter. Quest Partners LLC boosted its stake in shares of Postal Realty Trust by 121,650.0% in the second quarter. Quest Partners LLC now owns 2,435 shares of the company’s stock worth $32,000 after acquiring an additional 2,433 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of 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 in the last quarter. Finally, HTLF Bank raised its stake in Postal Realty Trust by 4.7% in the 2nd quarter. HTLF Bank now owns 125,814 shares of the company’s stock valued at $1,677,000 after purchasing an additional 5,626 shares during the last quarter. Hedge funds and other institutional investors own 57.89% of the company’s stock.

Postal Realty Trust Trading Down 2.1 %

Shares of PSTL opened at $14.31 on Monday. Postal Realty Trust, Inc. has a 52-week low of $13.00 and a 52-week high of $15.15. The stock has a market cap of $324.34 million, a PE ratio of 143.10, a price-to-earnings-growth ratio of 2.65 and a beta of 0.67. The firm’s fifty day moving average is $14.47 and its two-hundred day moving average is $14.01. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.88.

Postal Realty Trust (NYSE:PSTL) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.19). The business had revenue of $18.05 million during the quarter, compared to analyst estimates of $17.78 million. Postal Realty Trust had a net margin of 4.93% and a return on equity of 1.10%. During the same quarter in the previous year, the company posted $0.27 EPS. Research analysts forecast that Postal Realty Trust, Inc. will post 0.79 earnings per share for the current fiscal year.

Postal Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Monday, November 4th will be given 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 yield of 6.71%. Postal Realty Trust’s payout ratio is 960.00%.

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.