White Pine Capital LLC Buys 6,848 Shares of Postal Realty Trust, Inc. (NYSE:PSTL)

White Pine Capital LLC boosted its stake in shares of Postal Realty Trust, Inc. (NYSE:PSTL) by 12.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,518 shares of the company’s stock after purchasing an additional 6,848 shares during the quarter. White Pine Capital LLC owned about 0.27% of Postal Realty Trust worth $816,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in PSTL. SG Americas Securities LLC acquired a new stake in shares of Postal Realty Trust in the third quarter worth $108,000. International Assets Investment Management LLC lifted its position in Postal Realty Trust by 1,387.5% during the 3rd quarter. International Assets Investment Management LLC now owns 8,464 shares of the company’s stock worth $124,000 after acquiring an additional 7,895 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in Postal Realty Trust by 21.6% during the third quarter. Nisa Investment Advisors LLC now owns 10,329 shares of the company’s stock valued at $151,000 after acquiring an additional 1,837 shares during the period. Pekin Hardy Strauss Inc. acquired a new stake in shares of Postal Realty Trust in the third quarter valued at about $154,000. Finally, Principle Wealth Partners LLC increased its stake in shares of Postal Realty Trust by 8.2% in the fourth quarter. Principle Wealth Partners LLC now owns 16,240 shares of the company’s stock worth $212,000 after purchasing an additional 1,225 shares during the period. Institutional investors own 57.89% of the company’s stock.

Postal Realty Trust Price Performance

Shares of NYSE:PSTL opened at $13.56 on Friday. 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 business has a 50 day moving average price of $13.18 and a 200 day moving average price of $13.96. The company has a market cap of $317.86 million, a price-to-earnings ratio of 169.46, a PEG ratio of 2.25 and a beta of 0.67. Postal Realty Trust, Inc. has a twelve month low of $12.43 and a twelve month high of $15.15.

Postal Realty Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.2425 dividend. This is an increase from Postal Realty Trust’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.97 annualized dividend and a dividend yield of 7.16%. Postal Realty Trust’s dividend payout ratio (DPR) is presently 1,200.15%.

Insider Buying and Selling

In other news, CEO Andrew Spodek purchased 7,968 shares of the business’s stock in a transaction on Thursday, December 19th. The stock was purchased at an average price of $13.00 per share, with a total value of $103,584.00. Following the acquisition, the chief executive officer now directly owns 277,518 shares in the company, valued at approximately $3,607,734. The trade was a 2.96 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 13.60% of the stock is currently owned by insiders.

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.