Postal Realty Trust, Inc. (NYSE:PSTL) Short Interest Down 20.3% in November

Postal Realty Trust, Inc. (NYSE:PSTL) was the recipient of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 183,800 shares, a decline of 20.3% from the November 15th total of 230,700 shares. Based on an average trading volume of 89,700 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of PSTL. Quest Partners LLC boosted its stake in shares of Postal Realty Trust by 121,650.0% during the 2nd quarter. Quest Partners LLC now owns 2,435 shares of the company’s stock valued at $32,000 after purchasing an additional 2,433 shares in the last quarter. SG Americas Securities LLC bought a new stake in Postal Realty Trust during the 3rd quarter valued at approximately $108,000. Nisa Investment Advisors LLC grew its holdings in shares of Postal Realty Trust by 16.5% during the 2nd quarter. Nisa Investment Advisors LLC now owns 8,492 shares of the company’s stock worth $113,000 after acquiring an additional 1,200 shares during the period. International Assets Investment Management LLC raised its position in shares of Postal Realty Trust by 1,387.5% in 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 in the last quarter. Finally, Pekin Hardy Strauss Inc. purchased a new position in shares of Postal Realty Trust in the 3rd quarter valued at approximately $154,000. Hedge funds and other institutional investors own 57.89% of the company’s stock.

Postal Realty Trust Trading Up 0.4 %

NYSE PSTL traded up $0.06 during trading on Friday, hitting $13.81. 110,011 shares of the company’s stock traded hands, compared to its average volume of 97,710. The firm has a market cap of $323.84 million, a P/E ratio of 172.65, a PEG ratio of 2.46 and a beta of 0.66. The stock has a fifty day moving average of $14.20 and a two-hundred day moving average of $14.11. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.57 and a quick ratio of 1.57. Postal Realty Trust has a 12-month low of $13.00 and a 12-month high of $15.15.

Postal Realty Trust (NYSE:PSTL) last announced its quarterly earnings data on Monday, November 4th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.23). Postal Realty Trust had a net margin of 4.55% and a return on equity of 1.06%. The company had revenue of $19.67 million during the quarter, compared to the consensus estimate of $18.49 million. During the same quarter in the previous year, the firm posted $0.27 EPS. As a group, sell-side analysts expect that Postal Realty Trust will post 0.8 EPS for the current year.

Postal Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Monday, November 4th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 6.95%. The ex-dividend date was Monday, November 4th. Postal Realty Trust’s payout ratio is 1,200.15%.

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.