Postal Realty Trust, Inc. (NYSE:PSTL) CEO Andrew Spodek Purchases 1,110 Shares

Postal Realty Trust, Inc. (NYSE:PSTL) CEO Andrew Spodek purchased 1,110 shares of the firm’s stock in a transaction on Thursday, April 18th. The stock was bought at an average price of $13.50 per share, for a total transaction of $14,985.00. Following the acquisition, the chief executive officer now owns 247,518 shares in the company, valued at $3,341,493. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

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

Postal Realty Trust Stock Down 0.8 %

Shares of PSTL traded down $0.11 during midday trading on Friday, hitting $13.78. The company had a trading volume of 6,968 shares, compared to its average volume of 94,229. The company’s 50 day moving average price is $13.95 and its 200 day moving average price is $14.08. The stock has a market cap of $310.22 million, a price-to-earnings ratio of 138.90, a PEG ratio of 2.38 and a beta of 0.65. Postal Realty Trust, Inc. has a 52 week low of $12.98 and a 52 week high of $15.70. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.80.

Postal Realty Trust (NYSE:PSTL) last issued its quarterly earnings results on Monday, February 26th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.21). The company had revenue of $17.00 million during the quarter, compared to analyst estimates of $16.48 million. Postal Realty Trust had a return on equity of 1.28% and a net margin of 5.82%. During the same period in the prior year, the company posted $0.28 earnings per share. On average, equities research analysts predict that Postal Realty Trust, Inc. will post 0.83 EPS for the current year.

Postal Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 8th will be issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 6.97%. The ex-dividend date is Tuesday, May 7th. Postal Realty Trust’s dividend payout ratio is currently 960.00%.

Hedge Funds Weigh In On Postal Realty Trust

Several large investors have recently bought and sold shares of PSTL. New York State Teachers Retirement System acquired a new stake in shares of Postal Realty Trust during the 4th quarter worth about $27,000. FSC Wealth Advisors LLC grew its holdings in Postal Realty Trust by 100.0% during the 3rd quarter. FSC Wealth Advisors LLC now owns 2,000 shares of the company’s stock worth $27,000 after acquiring an additional 1,000 shares during the last quarter. Castleview Partners LLC bought a new stake in Postal Realty Trust during the 3rd quarter worth about $39,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Postal Realty Trust during the 3rd quarter worth about $75,000. Finally, Quantbot Technologies LP grew its holdings in Postal Realty Trust by 81.8% during the 3rd quarter. Quantbot Technologies LP now owns 7,079 shares of the company’s stock worth $96,000 after acquiring an additional 3,186 shares during the last quarter. 57.89% of the stock is currently owned by institutional investors and hedge funds.

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.