Postal Realty Trust, Inc. (NYSE:PSTL) Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its holdings in shares of Postal Realty Trust, Inc. (NYSE:PSTL) by 14.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,255 shares of the company’s stock after selling 874 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Postal Realty Trust were worth $75,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Zacks Investment Management acquired a new position in Postal Realty Trust in the 4th quarter valued at $2,264,000. Proficio Capital Partners LLC purchased a new position in shares of Postal Realty Trust in the fourth quarter worth about $1,460,000. Vanguard Group Inc. boosted its position in Postal Realty Trust by 9.4% during the fourth quarter. Vanguard Group Inc. now owns 1,255,253 shares of the company’s stock worth $16,381,000 after acquiring an additional 107,887 shares during the last quarter. Foundry Partners LLC grew its stake in Postal Realty Trust by 21.3% during the 4th quarter. Foundry Partners LLC now owns 401,060 shares of the company’s stock valued at $5,234,000 after acquiring an additional 70,299 shares in the last quarter. Finally, Renaissance Technologies LLC raised its holdings in Postal Realty Trust by 27.1% in the 4th quarter. Renaissance Technologies LLC now owns 321,850 shares of the company’s stock valued at $4,200,000 after acquiring an additional 68,600 shares during the last quarter. 57.89% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Wall Street Zen upgraded Postal Realty Trust from a “hold” rating to a “buy” rating in a report on Saturday, May 24th. Stifel Nicolaus reduced their price objective on Postal Realty Trust from $16.75 to $16.50 and set a “buy” rating on the stock in a research report on Thursday, May 1st.

Postal Realty Trust Trading Down 0.8%

Shares of PSTL stock opened at $14.50 on Friday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.97. Postal Realty Trust, Inc. has a twelve month low of $12.26 and a twelve month high of $15.42. The company’s 50-day moving average price is $14.33 and its 200-day moving average price is $13.68. The stock has a market cap of $345.25 million, a price-to-earnings ratio of 51.79 and a beta of 0.81.

Postal Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 1st were issued a $0.2425 dividend. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $0.97 annualized dividend and a yield of 6.69%. Postal Realty Trust’s payout ratio is 346.43%.

About Postal Realty Trust

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.