Postal Realty Trust, Inc. (NYSE:PSTL) Shares Purchased by Two Sigma Advisers LP

Two Sigma Advisers LP raised its holdings in shares of Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) by 159.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,700 shares of the company's stock after acquiring an additional 53,900 shares during the quarter. Two Sigma Advisers LP owned approximately 0.37% of Postal Realty Trust worth $1,144,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. SG Americas Securities LLC grew its position in shares of Postal Realty Trust by 30.9% in the fourth quarter. SG Americas Securities LLC now owns 9,648 shares of the company's stock valued at $126,000 after purchasing an additional 2,277 shares during the last quarter. Nvwm LLC acquired a new position in shares of Postal Realty Trust in the fourth quarter worth $579,000. Principle Wealth Partners LLC lifted its position in shares of Postal Realty Trust by 8.2% in the fourth quarter. Principle Wealth Partners LLC now owns 16,240 shares of the company's stock valued at $212,000 after acquiring an additional 1,225 shares in the last quarter. Essex Financial Services Inc. lifted its position in shares of Postal Realty Trust by 2.1% in the fourth quarter. Essex Financial Services Inc. now owns 46,583 shares of the company's stock valued at $608,000 after acquiring an additional 955 shares in the last quarter. Finally, White Pine Capital LLC boosted its stake in shares of Postal Realty Trust by 12.3% during the fourth quarter. White Pine Capital LLC now owns 62,518 shares of the company's stock valued at $816,000 after acquiring an additional 6,848 shares during the last quarter. Institutional investors and hedge funds own 57.89% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on PSTL shares. Stifel Nicolaus cut their target price on shares of Postal Realty Trust from $16.75 to $16.50 and set a "buy" rating for the company in a research note on Thursday, May 1st. Wall Street Zen raised shares of Postal Realty Trust from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th.

Postal Realty Trust Trading Up 0.0%

Shares of Postal Realty Trust stock traded up $0.01 during trading hours on Wednesday, reaching $14.09. 14,096 shares of the company's stock were exchanged, compared to its average volume of 137,595. Postal Realty Trust, Inc. has a 52-week low of $12.26 and a 52-week high of $15.15. The company has a fifty day moving average of $13.30 and a 200-day moving average of $13.40. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $335.33 million, a price-to-earnings ratio of 176.13 and a beta of 0.81.

Postal Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 1st were paid a dividend of $0.2425 per share. This represents a $0.97 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date was Thursday, May 1st. Postal Realty Trust's dividend payout ratio is currently 346.43%.

Insider Buying and Selling

In related news, CAO Matt Brandwein sold 15,142 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $14.25, for a total value of $215,773.50. Following the transaction, the chief accounting officer now directly owns 116,573 shares of the company's stock, valued at approximately $1,661,165.25. This trade represents a 11.50% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last three months, insiders have sold 19,452 shares of company stock valued at $277,332. 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.