Foundry Partners LLC Has $2.57 Million Position in Postal Realty Trust, Inc. (NYSE:PSTL)

Foundry Partners LLC lifted its holdings in shares of Postal Realty Trust, Inc. (NYSE:PSTL - Free Report) by 87.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 176,645 shares of the company's stock after buying an additional 82,440 shares during the quarter. Foundry Partners LLC owned about 0.81% of Postal Realty Trust worth $2,572,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of PSTL. New York State Teachers Retirement System bought a new stake in Postal Realty Trust in the fourth quarter valued at approximately $27,000. FSC Wealth Advisors LLC increased its stake in Postal Realty Trust by 100.0% in the third quarter. FSC Wealth Advisors LLC now owns 2,000 shares of the company's stock valued at $27,000 after purchasing an additional 1,000 shares in the last quarter. Castleview Partners LLC bought a new stake in Postal Realty Trust in the third quarter valued at approximately $39,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Postal Realty Trust in the third quarter valued at approximately $75,000. Finally, Quantbot Technologies LP increased its stake in Postal Realty Trust by 81.8% in the third quarter. Quantbot Technologies LP now owns 7,079 shares of the company's stock valued at $96,000 after purchasing an additional 3,186 shares in the last quarter. Institutional investors and hedge funds own 57.89% of the company's stock.

Insider Transactions at Postal Realty Trust

In related news, Treasurer Jeremy Garber sold 3,651 shares of the stock in a transaction on Friday, March 15th. The shares were sold at an average price of $14.00, for a total transaction of $51,114.00. Following the completion of the transaction, the treasurer now owns 233,020 shares in the company, valued at $3,262,280. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Postal Realty Trust news, CEO Andrew Spodek bought 8,709 shares of Postal Realty Trust stock in a transaction that occurred on Tuesday, April 16th. The stock was acquired at an average price of $13.50 per share, for a total transaction of $117,571.50. Following the completion of the acquisition, the chief executive officer now owns 246,227 shares of the company's stock, valued at approximately $3,324,064.50. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Treasurer Jeremy Garber sold 3,651 shares of the stock in a transaction on Friday, March 15th. The stock was sold at an average price of $14.00, for a total transaction of $51,114.00. Following the transaction, the treasurer now owns 233,020 shares of the company's stock, valued at approximately $3,262,280. The disclosure for this sale can be found here. Insiders purchased 19,819 shares of company stock valued at $270,057 over the last quarter. Corporate insiders own 13.20% of the company's stock.

Postal Realty Trust Stock Performance

NYSE:PSTL remained flat at $13.88 during trading hours on Tuesday. 49,774 shares of the company's stock traded hands, compared to its average volume of 98,499. The firm has a 50 day moving average price of $14.00 and a 200 day moving average price of $14.07. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.92 and a current ratio of 1.92. Postal Realty Trust, Inc. has a 1 year low of $12.98 and a 1 year high of $15.71. The stock has a market cap of $312.44 million, a P/E ratio of 126.19, a price-to-earnings-growth ratio of 2.36 and a beta of 0.65.

Postal Realty Trust (NYSE:PSTL - Get Free Report) last issued its quarterly earnings data on Monday, February 26th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.21). Postal Realty Trust had a return on equity of 1.28% and a net margin of 5.82%. The company had revenue of $17.00 million for the quarter, compared to the consensus estimate of $16.48 million. During the same period in the prior year, the company earned $0.28 EPS. On average, sell-side analysts anticipate that Postal Realty Trust, Inc. will post 0.83 EPS for the current fiscal year.

Postal Realty Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Friday, February 16th were given a dividend of $0.24 per share. This is an increase 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 annualized dividend and a dividend yield of 6.92%. Postal Realty Trust's dividend payout ratio is currently 872.81%.

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.