35,927 Shares in Postal Realty Trust, Inc. (NYSE:PSTL) Acquired by Marshall Wace LLP

Marshall Wace LLP bought a new position in shares of Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 35,927 shares of the company's stock, valued at approximately $469,000. Marshall Wace LLP owned about 0.15% of Postal Realty Trust at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Proficio Capital Partners LLC acquired a new position in Postal Realty Trust during the fourth quarter worth about $1,460,000. Geode Capital Management LLC grew its position in Postal Realty Trust by 3.5% during the 3rd quarter. Geode Capital Management LLC now owns 577,040 shares of the company's stock worth $8,449,000 after acquiring an additional 19,600 shares during the last quarter. Barclays PLC increased its holdings in Postal Realty Trust by 269.7% in the 3rd quarter. Barclays PLC now owns 29,480 shares of the company's stock worth $432,000 after purchasing an additional 21,506 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Postal Realty Trust by 32.9% during the third quarter. JPMorgan Chase & Co. now owns 111,799 shares of the company's stock valued at $1,637,000 after purchasing an additional 27,700 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake 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 period. Institutional investors and hedge funds own 57.89% of the company's stock.

Postal Realty Trust Trading Up 0.2 %

Postal Realty Trust stock traded up $0.02 during mid-day trading on Tuesday, hitting $12.69. 217,424 shares of the stock were exchanged, compared to its average volume of 131,742. The firm's fifty day simple moving average is $13.64 and its two-hundred day simple moving average is $13.57. 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 stock has a market capitalization of $298.94 million, a price-to-earnings ratio of 158.64 and a beta of 0.81.

Postal Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 1st will be issued a $0.2425 dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $0.97 annualized dividend and a yield of 7.64%. Postal Realty Trust's payout ratio is 346.43%.

Wall Street Analyst Weigh In

Separately, Stifel Nicolaus decreased their price target on 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.

Insider Buying and Selling at Postal Realty Trust

In other Postal Realty Trust news, CAO Matt Brandwein sold 15,142 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $14.25, for a total transaction of $215,773.50. Following the transaction, the chief accounting officer now directly owns 116,573 shares in the company, valued at approximately $1,661,165.25. This represents a 11.50 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have sold 19,452 shares of company stock valued at $277,332. 13.70% of the stock is currently owned by insiders.

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.