Postal Realty Trust, Inc. (NYSE:PSTL) Shares Sold by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC decreased its position in Postal Realty Trust, Inc. (NYSE:PSTL) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 545,625 shares of the company’s stock after selling 19,730 shares during the quarter. Postal Realty Trust accounts for about 1.2% of Gilman Hill Asset Management LLC’s holdings, making the stock its 24th biggest holding. Gilman Hill Asset Management LLC owned 2.33% of Postal Realty Trust worth $7,120,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PSTL. SG Americas Securities LLC purchased a new position in Postal Realty Trust in the third quarter valued at $108,000. International Assets Investment Management LLC increased its holdings in shares of Postal Realty Trust by 1,387.5% in the 3rd quarter. International Assets Investment Management LLC now owns 8,464 shares of the company’s stock valued at $124,000 after acquiring an additional 7,895 shares during the last quarter. Nisa Investment Advisors LLC raised its position in shares of Postal Realty Trust by 21.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 10,329 shares of the company’s stock worth $151,000 after acquiring an additional 1,837 shares in the last quarter. Pekin Hardy Strauss Inc. purchased a new stake in Postal Realty Trust during the third quarter worth approximately $154,000. Finally, Arete Wealth Advisors LLC boosted its holdings in Postal Realty Trust by 11.7% in the third quarter. Arete Wealth Advisors LLC now owns 18,934 shares of the company’s stock valued at $276,000 after purchasing an additional 1,981 shares in the last quarter. Institutional investors and hedge funds own 57.89% of the company’s stock.

Postal Realty Trust Stock Down 0.0 %

PSTL stock opened at $13.05 on Monday. The company’s 50 day moving average is $13.46 and its two-hundred day moving average is $14.07. Postal Realty Trust, Inc. has a twelve month low of $12.43 and a twelve month high of $15.15. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.90. The stock has a market cap of $306.12 million, a P/E ratio of 163.20, a PEG ratio of 2.10 and a beta of 0.67.

Postal Realty Trust (NYSE:PSTL) last released its quarterly earnings data on Monday, November 4th. The company reported $0.03 earnings per share (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 company had revenue of $19.67 million during the quarter, compared to analyst estimates of $18.49 million. During the same quarter in the prior year, the company earned $0.27 EPS. Research analysts expect that Postal Realty Trust, Inc. will post 0.83 earnings per share for the current fiscal year.

Postal Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 4th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 7.35%. The ex-dividend date was Monday, November 4th. Postal Realty Trust’s dividend payout ratio is currently 1,200.15%.

Insider Activity

In related news, CEO Andrew Spodek acquired 7,968 shares of Postal Realty Trust stock in a transaction on Thursday, December 19th. The stock was purchased at an average cost of $13.00 per share, with a total value of $103,584.00. Following the purchase, the chief executive officer now directly owns 277,518 shares in the company, valued at approximately $3,607,734. The trade was a 2.96 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 13.20% of the company’s stock.

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.