Two Sigma Investments LP Purchases 55,247 Shares of Postal Realty Trust, Inc. (NYSE:PSTL)

Two Sigma Investments LP lifted its holdings in Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) by 80.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 124,235 shares of the company's stock after buying an additional 55,247 shares during the period. Two Sigma Investments LP owned approximately 0.53% of Postal Realty Trust worth $1,621,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Proficio Capital Partners LLC purchased a new position in Postal Realty Trust in the fourth quarter valued at approximately $1,460,000. D. E. Shaw & Co. Inc. purchased a new stake in shares of Postal Realty Trust during the fourth quarter worth $448,000. Vanguard Group Inc. boosted its holdings in shares of Postal Realty Trust by 9.4% in the fourth quarter. Vanguard Group Inc. now owns 1,255,253 shares of the company's stock worth $16,381,000 after acquiring an additional 107,887 shares during the period. New York State Teachers Retirement System bought a new position in shares of Postal Realty Trust in the fourth quarter worth $26,000. Finally, MetLife Investment Management LLC boosted its holdings in shares of Postal Realty Trust by 16.3% in the fourth quarter. MetLife Investment Management LLC now owns 13,801 shares of the company's stock worth $180,000 after acquiring an additional 1,931 shares during the period. Hedge funds and other institutional investors own 57.89% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Wall Street Zen raised Postal Realty Trust from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Stifel Nicolaus cut their price target on Postal Realty Trust from $16.75 to $16.50 and set a "buy" rating for the company in a report on Thursday, May 1st.

Postal Realty Trust Price Performance

Shares of PSTL stock traded up $0.05 on Friday, reaching $14.21. The company's stock had a trading volume of 275,723 shares, compared to its average volume of 139,036. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.90. Postal Realty Trust, Inc. has a 12-month low of $12.26 and a 12-month high of $15.15. The company has a market capitalization of $338.19 million, a P/E ratio of 177.60 and a beta of 0.80. The stock's 50 day simple moving average is $13.29 and its 200-day simple moving average is $13.41.

Postal Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 1st were given a dividend of $0.2425 per share. The ex-dividend date was Thursday, May 1st. This represents a $0.97 dividend on an annualized basis and a yield of 6.83%. Postal Realty Trust's payout ratio is 346.43%.

Insider Buying and Selling at Postal Realty Trust

In other Postal Realty Trust news, CAO Matt Brandwein sold 15,142 shares of the firm's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $14.25, for a total transaction of $215,773.50. Following the sale, the chief accounting officer now owns 116,573 shares in the company, valued at $1,661,165.25. This trade represents a 11.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 19,452 shares of company stock worth $277,332 over the last 90 days. Corporate insiders own 13.70% of the company's stock.

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.