International Assets Investment Management LLC Raises Stock Holdings in Postal Realty Trust, Inc. (NYSE:PSTL)

International Assets Investment Management LLC increased its holdings in shares of Postal Realty Trust, Inc. (NYSE:PSTL) by 1,381.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,000 shares of the company’s stock after purchasing an additional 7,460 shares during the quarter. International Assets Investment Management LLC’s holdings in Postal Realty Trust were worth $116,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Asset Management One Co. Ltd. lifted its stake in shares of Postal Realty Trust by 43.1% in the 4th quarter. Asset Management One Co. Ltd. now owns 41,199 shares of the company’s stock valued at $604,000 after purchasing an additional 12,407 shares during the last quarter. State of Alaska Department of Revenue raised its position in Postal Realty Trust by 9.3% during the 4th quarter. State of Alaska Department of Revenue now owns 9,685 shares of the company’s stock valued at $140,000 after purchasing an additional 823 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of Postal Realty Trust by 39.6% in the 4th quarter. SG Americas Securities LLC now owns 11,165 shares of the company’s stock valued at $163,000 after acquiring an additional 3,169 shares during the period. North Star Investment Management Corp. increased its holdings in shares of Postal Realty Trust by 24.5% in the 4th quarter. North Star Investment Management Corp. now owns 426,180 shares of the company’s stock valued at $6,205,000 after acquiring an additional 83,820 shares during the period. Finally, Hudson Bay Capital Management LP purchased a new position in shares of Postal Realty Trust in the 3rd quarter valued at $7,654,000. Hedge funds and other institutional investors own 57.89% of the company’s stock.

Insider Buying and Selling

In other Postal Realty Trust news, CEO Andrew Spodek purchased 8,709 shares of Postal Realty Trust stock in a transaction that occurred on Tuesday, April 16th. The stock was bought at an average price of $13.50 per share, with a total value of $117,571.50. Following the acquisition, the chief executive officer now owns 246,227 shares of the company’s stock, valued at approximately $3,324,064.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Postal Realty Trust news, CEO Andrew Spodek purchased 8,709 shares of Postal Realty Trust stock in a transaction that occurred on Tuesday, April 16th. The stock was bought at an average price of $13.50 per share, with a total value of $117,571.50. Following the acquisition, the chief executive officer now owns 246,227 shares of the company’s stock, valued at approximately $3,324,064.50. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Treasurer Jeremy Garber sold 3,651 shares of the company’s stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $14.00, for a total value of $51,114.00. Following the completion of the transaction, the treasurer now directly owns 233,020 shares of the company’s stock, valued at approximately $3,262,280. The disclosure for this sale can be found here. In the last 90 days, insiders acquired 19,819 shares of company stock valued at $270,057. 13.60% of the stock is owned by company insiders.

Postal Realty Trust Stock Up 0.3 %

Shares of PSTL stock opened at $13.77 on Tuesday. Postal Realty Trust, Inc. has a 1-year low of $12.98 and a 1-year high of $15.71. The stock’s fifty day moving average price is $13.98 and its 200 day moving average price is $14.07. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.92 and a quick ratio of 1.92. The company has a market cap of $309.99 million, a price-to-earnings ratio of 125.18, a price-to-earnings-growth ratio of 2.36 and a beta of 0.65.

Postal Realty Trust (NYSE:PSTL) last issued its quarterly earnings data on Monday, February 26th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.21). The company had revenue of $17.00 million during the quarter, compared to analyst estimates of $16.48 million. Postal Realty Trust had a net margin of 5.82% and a return on equity of 1.28%. During the same period last year, the firm earned $0.28 EPS. On average, research analysts expect that Postal Realty Trust, Inc. will post 0.83 earnings per share for the current fiscal year.

Postal Realty Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Friday, February 16th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 6.97%. The ex-dividend date was Thursday, February 15th. This is a boost from Postal Realty Trust’s previous quarterly dividend of $0.24. Postal Realty Trust’s payout ratio is 872.73%.

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.