Postal Realty Trust, Inc. (NYSE:PSTL) Shares Acquired by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. boosted its position in Postal Realty Trust, Inc. (NYSE:PSTL) by 16.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,600 shares of the company’s stock after purchasing an additional 4,000 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Postal Realty Trust were worth $404,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. FMR LLC lifted its holdings in shares of Postal Realty Trust by 1.4% in the 3rd quarter. FMR LLC now owns 3,446,129 shares of the company’s stock valued at $50,451,000 after buying an additional 46,439 shares during the period. Gilman Hill Asset Management LLC raised its position in Postal Realty Trust by 0.8% in the third quarter. Gilman Hill Asset Management LLC now owns 565,355 shares of the company’s stock worth $8,277,000 after acquiring an additional 4,258 shares in the last quarter. North Star Investment Management Corp. lifted its holdings in Postal Realty Trust by 1.2% in the third quarter. North Star Investment Management Corp. now owns 493,290 shares of the company’s stock valued at $7,222,000 after acquiring an additional 5,700 shares during the period. State Street Corp boosted its position in shares of Postal Realty Trust by 2.0% during the 3rd quarter. State Street Corp now owns 477,091 shares of the company’s stock worth $6,985,000 after purchasing an additional 9,394 shares in the last quarter. Finally, Foundry Partners LLC grew its stake in shares of Postal Realty Trust by 1.0% during the 3rd quarter. Foundry Partners LLC now owns 330,761 shares of the company’s stock worth $4,842,000 after purchasing an additional 3,215 shares during the period. Hedge funds and other institutional investors own 57.89% of the company’s stock.

Postal Realty Trust Stock Up 0.4 %

Shares of NYSE PSTL opened at $13.81 on Monday. The stock has a market capitalization of $323.84 million, a price-to-earnings ratio of 172.65, a price-to-earnings-growth ratio of 2.45 and a beta of 0.66. Postal Realty Trust, Inc. has a 52 week low of $13.00 and a 52 week high of $15.15. The firm has a 50-day moving average price of $14.20 and a 200 day moving average price of $14.13. 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 (NYSE:PSTL) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.23). The company had revenue of $19.67 million for the quarter, compared to analyst estimates of $18.49 million. Postal Realty Trust had a net margin of 4.55% and a return on equity of 1.06%. During the same quarter in the previous year, the business posted $0.27 earnings per share. Equities research analysts anticipate that Postal Realty Trust, Inc. will post 0.8 EPS for the current fiscal year.

Postal Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 4th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 6.95%. The ex-dividend date was Monday, November 4th. Postal Realty Trust’s dividend payout ratio (DPR) is 1,200.15%.

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.