Round Rock Advisors LLC Invests $275,000 in Postal Realty Trust, Inc. (NYSE:PSTL)

Round Rock Advisors LLC purchased a new position in Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,254 shares of the company's stock, valued at approximately $275,000. Round Rock Advisors LLC owned approximately 0.08% of Postal Realty Trust at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of PSTL. Quadrant Capital Group LLC bought a new position in Postal Realty Trust in the 4th quarter worth about $25,000. Parallel Advisors LLC grew its holdings in shares of Postal Realty Trust by 964.5% during the first quarter. Parallel Advisors LLC now owns 1,948 shares of the company's stock worth $28,000 after purchasing an additional 1,765 shares in the last quarter. NBC Securities Inc. increased its position in shares of Postal Realty Trust by 124,900.0% in the first quarter. NBC Securities Inc. now owns 3,750 shares of the company's stock worth $53,000 after purchasing an additional 3,747 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in Postal Realty Trust by 42.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,703 shares of the company's stock valued at $74,000 after purchasing an additional 1,701 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its stake in Postal Realty Trust by 45.2% in the fourth quarter. BNP Paribas Financial Markets now owns 8,744 shares of the company's stock valued at $114,000 after purchasing an additional 2,720 shares in the last quarter. 57.89% of the stock is owned by hedge funds and other institutional investors.

Postal Realty Trust Price Performance

NYSE:PSTL traded up $0.07 during mid-day trading on Friday, reaching $14.83. The stock had a trading volume of 151,376 shares, compared to its average volume of 143,348. The stock has a market capitalization of $353.10 million, a P/E ratio of 12.00 and a beta of 0.81. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.38 and a current ratio of 1.38. Postal Realty Trust, Inc. has a one year low of $12.26 and a one year high of $15.42. The firm has a 50 day moving average price of $14.08 and a two-hundred day moving average price of $13.61.

Postal Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 1st were given a $0.2425 dividend. This represents a $0.97 dividend on an annualized basis and a yield of 6.54%. The ex-dividend date of this dividend was Thursday, May 1st. Postal Realty Trust's payout ratio is presently 346.43%.

Analysts Set New Price Targets

PSTL has been the topic of a number of research analyst reports. Stifel Nicolaus decreased their price target on shares of Postal Realty Trust from $16.75 to $16.50 and set a "buy" rating on the stock in a report on Thursday, May 1st. Wall Street Zen upgraded shares of Postal Realty Trust from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th.

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.