Postal Realty Trust, Inc. (NYSE:PSTL) CAO Matt Brandwein Sells 2,810 Shares of Stock

Postal Realty Trust, Inc. (NYSE:PSTL) CAO Matt Brandwein sold 2,810 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $14.30, for a total value of $40,183.00. Following the sale, the chief accounting officer now directly owns 131,715 shares of the company’s stock, valued at $1,883,524.50. This represents a 2.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Matt Brandwein also recently made the following trade(s):

• On Monday, March 17th, Matt Brandwein sold 15,142 shares of Postal Realty Trust stock. The shares were sold at an average price of $14.25, for a total value of $215,773.50.

Postal Realty Trust Price Performance

NYSE PSTL opened at $14.25 on Tuesday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.90. Postal Realty Trust, Inc. has a 12 month low of $12.26 and a 12 month high of $15.15. The stock has a market cap of $335.57 million, a price-to-earnings ratio of 178.08 and a beta of 0.68. The company’s 50 day moving average is $13.31 and its two-hundred day moving average is $13.82.

Postal Realty Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.2425 per share. This is a boost from Postal Realty Trust’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.97 dividend on an annualized basis and a dividend yield of 6.81%. Postal Realty Trust’s payout ratio is 461.90%.

Institutional Investors Weigh In On Postal Realty Trust

Institutional investors have recently bought and sold shares of the business. Two Sigma Advisers LP boosted its stake in shares of Postal Realty Trust by 159.5% in the fourth quarter. Two Sigma Advisers LP now owns 87,700 shares of the company’s stock worth $1,144,000 after acquiring an additional 53,900 shares during the period. Two Sigma Investments LP boosted its stake in Postal Realty Trust by 80.1% in the 4th quarter. Two Sigma Investments LP now owns 124,235 shares of the company’s stock worth $1,621,000 after purchasing an additional 55,247 shares during the period. Sherbrooke Park Advisers LLC grew its holdings in Postal Realty Trust by 23.5% during the 4th quarter. Sherbrooke Park Advisers LLC now owns 12,717 shares of the company’s stock valued at $166,000 after buying an additional 2,420 shares in the last quarter. Nuveen Asset Management LLC raised its position in shares of Postal Realty Trust by 0.3% during the fourth quarter. Nuveen Asset Management LLC now owns 302,135 shares of the company’s stock valued at $3,943,000 after buying an additional 916 shares during the last quarter. Finally, Deutsche Bank AG lifted its holdings in shares of Postal Realty Trust by 90.2% in the fourth quarter. Deutsche Bank AG now owns 30,374 shares of the company’s stock worth $396,000 after buying an additional 14,406 shares in the last quarter. Hedge funds and other institutional investors own 57.89% of the company’s stock.

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.