Uniplan Investment Counsel Inc. Has $6.30 Million Position in Postal Realty Trust, Inc. (NYSE:PSTL)

Uniplan Investment Counsel Inc. lessened its holdings in shares of Postal Realty Trust, Inc. (NYSE:PSTLFree Report) by 1.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 482,512 shares of the company’s stock after selling 7,681 shares during the quarter. Uniplan Investment Counsel Inc.’s holdings in Postal Realty Trust were worth $6,297,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC bought a new stake in shares of Postal Realty Trust in the fourth quarter valued at approximately $25,000. New York State Teachers Retirement System bought a new stake in Postal Realty Trust in the 4th quarter valued at $26,000. PNC Financial Services Group Inc. increased its holdings in shares of Postal Realty Trust by 42.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,703 shares of the company’s stock worth $74,000 after purchasing an additional 1,701 shares during the period. Resona Asset Management Co. Ltd. acquired a new position in shares of Postal Realty Trust during the fourth quarter valued at about $116,000. Finally, SG Americas Securities LLC lifted its stake in shares of Postal Realty Trust by 30.9% in the fourth quarter. SG Americas Securities LLC now owns 9,648 shares of the company’s stock valued at $126,000 after buying an additional 2,277 shares during the period. Institutional investors own 57.89% of the company’s stock.

Insider Activity at Postal Realty Trust

In related news, CAO Matt Brandwein sold 15,142 shares of the stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $14.25, for a total value of $215,773.50. Following the completion of the transaction, the chief accounting officer now owns 116,573 shares of the company’s stock, valued at $1,661,165.25. This represents a 11.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders sold 19,452 shares of company stock worth $277,332. 13.60% of the stock is owned by corporate insiders.

Postal Realty Trust Stock Down 0.8 %

PSTL stock opened at $13.32 on Tuesday. The business’s 50-day simple moving average is $13.59 and its 200 day simple moving average is $13.65. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.90. The company has a market cap of $313.78 million, a PE ratio of 166.52 and a beta of 0.71. Postal Realty Trust, Inc. has a twelve month low of $12.26 and a twelve month high of $15.15.

Postal Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.2425 per share. This represents a $0.97 dividend on an annualized basis and a dividend yield of 7.28%. Postal Realty Trust’s dividend payout ratio is presently 461.90%.

Postal Realty Trust Profile

(Free Report)

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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Institutional Ownership by Quarter for Postal Realty Trust (NYSE:PSTL)

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