Insider Buying: Postal Realty Trust, Inc. (NYSE:PSTL) CEO Acquires 1,110 Shares of Stock

Postal Realty Trust, Inc. (NYSE:PSTL - Get Free Report) CEO Andrew Spodek acquired 1,110 shares of the business's stock in a transaction dated Thursday, April 18th. The stock was acquired at an average price of $13.50 per share, for a total transaction of $14,985.00. Following the completion of the transaction, the chief executive officer now owns 247,518 shares in the company, valued at approximately $3,341,493. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Andrew Spodek also recently made the following trade(s):

• On Tuesday, April 16th, Andrew Spodek acquired 8,709 shares of Postal Realty Trust stock. The stock was acquired at an average price of $13.50 per share, for a total transaction of $117,571.50.
• On Wednesday, April 10th, Andrew Spodek acquired 10,000 shares of Postal Realty Trust stock. The stock was acquired at an average price of $13.75 per share, for a total transaction of $137,500.00.

Postal Realty Trust Stock Down 0.2 %

Shares of PSTL traded down $0.03 on Thursday, reaching $13.47. The stock had a trading volume of 112,257 shares, compared to its average volume of 99,243. The firm has a market capitalization of $303.21 million, a price-to-earnings ratio of 122.47, a price-to-earnings-growth ratio of 2.34 and a beta of 0.65. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.92 and a current ratio of 1.92. The company has a 50-day simple moving average of $14.04 and a 200-day simple moving average of $14.05. Postal Realty Trust, Inc. has a 12-month low of $12.98 and a 12-month high of $15.71.

Postal Realty Trust (NYSE:PSTL - Get Free Report) last released its earnings results on Monday, February 26th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.25 by ($0.21). The firm had revenue of $17.00 million during the quarter, compared to analysts' expectations of $16.48 million. Postal Realty Trust had a net margin of 5.82% and a return on equity of 1.28%. During the same quarter in the previous year, the business earned $0.28 EPS. Sell-side analysts predict that Postal Realty Trust, Inc. will post 0.83 EPS for the current year.

Postal Realty Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Friday, February 16th were paid a dividend of $0.24 per share. This is a boost from Postal Realty Trust's previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $0.96 dividend on an annualized basis and a yield of 7.13%. Postal Realty Trust's payout ratio is presently 872.81%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Gilman Hill Asset Management LLC raised its stake in Postal Realty Trust by 24.0% during the first quarter. Gilman Hill Asset Management LLC now owns 550,838 shares of the company's stock valued at $7,888,000 after buying an additional 106,613 shares during the last quarter. Quadrature Capital Ltd purchased a new position in Postal Realty Trust during the fourth quarter valued at $239,000. Vanguard Group Inc. raised its stake in Postal Realty Trust by 4.5% during the fourth quarter. Vanguard Group Inc. now owns 927,192 shares of the company's stock valued at $13,500,000 after buying an additional 39,562 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Postal Realty Trust by 104.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 48,966 shares of the company's stock valued at $713,000 after buying an additional 25,048 shares during the last quarter. Finally, American International Group Inc. raised its stake in Postal Realty Trust by 8.5% during the fourth quarter. American International Group Inc. now owns 10,149 shares of the company's stock valued at $148,000 after buying an additional 792 shares during the last quarter. Hedge funds and other institutional investors own 57.89% of the company's stock.

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.

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