Round Rock Advisors LLC Acquires Shares of 19,254 Postal Realty Trust, Inc. (NYSE:PSTL)

Round Rock Advisors LLC purchased a new stake in Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm 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 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Zacks Investment Management acquired a new stake in shares of Postal Realty Trust in the fourth quarter valued at approximately $2,264,000. Proficio Capital Partners LLC acquired a new stake in shares of Postal Realty Trust in the fourth quarter valued at approximately $1,460,000. Vanguard Group Inc. lifted its position 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 valued at $16,381,000 after buying an additional 107,887 shares during the last quarter. Foundry Partners LLC lifted its position in shares of Postal Realty Trust by 21.3% in the fourth quarter. Foundry Partners LLC now owns 401,060 shares of the company's stock valued at $5,234,000 after buying an additional 70,299 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of Postal Realty Trust by 27.1% in the fourth quarter. Renaissance Technologies LLC now owns 321,850 shares of the company's stock valued at $4,200,000 after buying an additional 68,600 shares during the last quarter. 57.89% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Postal Realty Trust Stock Performance

NYSE:PSTL traded up $0.22 during mid-day trading on Monday, hitting $15.07. 183,125 shares of the stock were exchanged, compared to its average volume of 143,689. The stock has a market capitalization of $358.77 million, a price-to-earnings ratio of 53.81 and a beta of 0.81. The firm's 50-day simple moving average is $14.12 and its 200 day simple moving average is $13.63. 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 fifty-two week low of $12.26 and a fifty-two week high of $15.42.

Postal Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 1st were issued a dividend of $0.2425 per share. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $0.97 annualized dividend and a yield of 6.44%. Postal Realty Trust's payout ratio is currently 346.43%.

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.