Penserra Capital Management LLC boosted its position in shares of Postal Realty Trust, Inc. (NYSE:PSTL – Free Report) by 22.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,273 shares of the company’s stock after acquiring an additional 13,640 shares during the period. Penserra Capital Management LLC’s holdings in Postal Realty Trust were worth $1,072,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of PSTL. Quest Partners LLC increased 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 purchasing an additional 2,433 shares during the period. SG Americas Securities LLC acquired a new stake in Postal Realty Trust in the 3rd quarter valued at approximately $108,000. Nisa Investment Advisors LLC increased its position 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 period. International Assets Investment Management LLC lifted its holdings in shares of 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 buying an additional 7,895 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Postal Realty Trust during the first quarter worth approximately $251,000. Institutional investors and hedge funds own 57.89% of the company’s stock.
Postal Realty Trust Trading Up 0.8 %
Shares of Postal Realty Trust stock opened at $14.05 on Wednesday. Postal Realty Trust, Inc. has a 1 year low of $13.00 and a 1 year high of $15.15. The company’s fifty day simple moving average is $14.38 and its 200-day simple moving average is $14.09. The company has a market cap of $329.47 million, a price-to-earnings ratio of 175.65, a PEG ratio of 2.48 and a beta of 0.67. 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 Announces Dividend
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 issued a $0.24 dividend. The ex-dividend date of this dividend is Monday, November 4th. This represents a $0.96 annualized dividend and a yield of 6.83%. Postal Realty Trust’s dividend payout ratio (DPR) is 1,200.15%.
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.
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