Postal Realty Trust, Inc. (NYSE:PSTL) CAO Sells $215,773.50 in Stock

Postal Realty Trust, Inc. (NYSE:PSTL) CAO Matt Brandwein sold 15,142 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $14.25, for a total transaction of $215,773.50. Following the completion of the sale, the chief accounting officer now owns 116,573 shares of the company’s stock, valued at $1,661,165.25. This trade represents a 11.50 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Matt Brandwein also recently made the following trade(s):

• On Thursday, March 13th, Matt Brandwein sold 2,810 shares of Postal Realty Trust stock. The shares were sold at an average price of $14.30, for a total transaction of $40,183.00.

Postal Realty Trust Stock Performance

Shares of PSTL opened at $14.25 on Tuesday. The company has a 50-day simple moving average of $13.31 and a 200-day simple moving average of $13.82. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $335.57 million, a PE ratio of 178.08 and a beta of 0.68. Postal Realty Trust, Inc. has a 52-week low of $12.26 and a 52-week high of $15.15.

Postal Realty Trust Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were issued a $0.2425 dividend. This represents a $0.97 dividend on an annualized basis and a dividend yield of 6.81%. The ex-dividend date was Friday, February 14th. This is an increase from Postal Realty Trust’s previous quarterly dividend of $0.24. Postal Realty Trust’s dividend payout ratio (DPR) is currently 461.90%.

Hedge Funds Weigh In On Postal Realty Trust

A number of large investors have recently made changes to their positions in the stock. Two Sigma Advisers LP increased its holdings in shares of Postal Realty Trust by 159.5% in the 4th quarter. Two Sigma Advisers LP now owns 87,700 shares of the company’s stock valued at $1,144,000 after purchasing an additional 53,900 shares in the last quarter. Two Sigma Investments LP increased its holdings in shares of Postal Realty Trust by 80.1% in the 4th quarter. Two Sigma Investments LP now owns 124,235 shares of the company’s stock valued at $1,621,000 after purchasing an additional 55,247 shares in the last quarter. Sherbrooke Park Advisers LLC increased its holdings in Postal Realty Trust by 23.5% during the 4th quarter. Sherbrooke Park Advisers LLC now owns 12,717 shares of the company’s stock valued at $166,000 after acquiring an additional 2,420 shares in the last quarter. Nuveen Asset Management LLC increased its holdings in Postal Realty Trust by 0.3% during the 4th quarter. Nuveen Asset Management LLC now owns 302,135 shares of the company’s stock valued at $3,943,000 after acquiring an additional 916 shares in the last quarter. Finally, Deutsche Bank AG increased its holdings in Postal Realty Trust by 90.2% during the 4th quarter. Deutsche Bank AG now owns 30,374 shares of the company’s stock valued at $396,000 after acquiring an additional 14,406 shares in the last quarter. Hedge funds and other institutional investors own 57.89% of the company’s stock.

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.