Jump Financial LLC Invests $434,000 in Postal Realty Trust, Inc. $PSTL

Key Points

• Jump Financial LLC has invested approximately $434,000 in Postal Realty Trust, acquiring 30,386 shares, marking a 0.13% ownership stake in the company as of its latest SEC filing.
• Postal Realty Trust recently declared a quarterly dividend of $0.2425, with an annualized yield of 6.1%, although its dividend payout ratio is notably high at 255.26%.
• Analysts have a positive outlook for Postal Realty Trust, with an average rating of "Buy" and a consensus target price of $17.75.

Jump Financial LLC purchased a new stake in shares of Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 30,386 shares of the company's stock, valued at approximately $434,000. Jump Financial LLC owned approximately 0.13% of Postal Realty Trust at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Janney Montgomery Scott LLC increased its stake in shares of Postal Realty Trust by 21.0% in the first quarter. Janney Montgomery Scott LLC now owns 185,857 shares of the company's stock worth $2,654,000 after purchasing an additional 32,308 shares in the last quarter. D. E. Shaw & Co. Inc. purchased a new position in Postal Realty Trust during the fourth quarter valued at approximately $448,000. Round Rock Advisors LLC purchased a new position in Postal Realty Trust during the first quarter valued at approximately $275,000. Ballentine Partners LLC purchased a new position in Postal Realty Trust during the first quarter valued at approximately $436,000. Finally, Gilman Hill Asset Management LLC grew its stake in Postal Realty Trust by 6.5% during the first quarter. Gilman Hill Asset Management LLC now owns 581,220 shares of the company's stock valued at $8,300,000 after acquiring an additional 35,595 shares in the last quarter. 57.89% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

PSTL has been the subject of a number of research reports. Stifel Nicolaus set a $17.75 price target on shares of Postal Realty Trust and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Wall Street Zen raised shares of Postal Realty Trust from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Postal Realty Trust currently has a consensus rating of "Buy" and an average price target of $17.75.

Postal Realty Trust Trading Up 0.3%

NYSE:PSTL traded up $0.04 during midday trading on Friday, reaching $15.93. 119,797 shares of the stock traded hands, compared to its average volume of 139,312. The company has a fifty day moving average of $14.87 and a 200 day moving average of $14.12. Postal Realty Trust, Inc. has a 12 month low of $12.26 and a 12 month high of $16.05. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.28 and a current ratio of 1.28. The stock has a market capitalization of $391.56 million, a P/E ratio of 41.92 and a beta of 0.86.

Postal Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, July 31st were given a $0.2425 dividend. The ex-dividend date of this dividend was Thursday, July 31st. This represents a $0.97 dividend on an annualized basis and a dividend yield of 6.1%. Postal Realty Trust's dividend payout ratio is currently 255.26%.

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.