Taylor Wealth Management Partners Decreases Stock Position in Postal Realty Trust, Inc. (NYSE:PSTL)

Taylor Wealth Management Partners cut its stake in Postal Realty Trust, Inc. (NYSE:PSTL) by 3.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 261,190 shares of the company’s stock after selling 10,725 shares during the period. Postal Realty Trust comprises about 1.7% of Taylor Wealth Management Partners’ holdings, making the stock its 27th largest holding. Taylor Wealth Management Partners owned about 1.96% of Postal Realty Trust worth $4,764,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in PSTL. BNP Paribas Arbitrage SA purchased a new position in Postal Realty Trust in the second quarter valued at $29,000. Tradition Wealth Management LLC purchased a new position in Postal Realty Trust in the second quarter valued at $30,000. Morgan Stanley boosted its holdings in Postal Realty Trust by 129.0% in the first quarter. Morgan Stanley now owns 1,965 shares of the company’s stock valued at $34,000 after purchasing an additional 1,107 shares during the period. Nisa Investment Advisors LLC boosted its holdings in Postal Realty Trust by 34.9% in the second quarter. Nisa Investment Advisors LLC now owns 6,000 shares of the company’s stock valued at $109,000 after purchasing an additional 1,552 shares during the period. Finally, New York State Common Retirement Fund purchased a new stake in Postal Realty Trust during the 2nd quarter worth about $188,000. Hedge funds and other institutional investors own 76.43% of the company’s stock.

NYSE PSTL traded up $0.12 during trading on Wednesday, reaching $18.93. 5 shares of the company’s stock were exchanged, compared to its average volume of 95,441. The stock has a market cap of $258.55 million, a P/E ratio of 268.71 and a beta of 0.47. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.37 and a current ratio of 1.37. The company has a 50 day moving average price of $19.33 and a two-hundred day moving average price of $18.99. Postal Realty Trust, Inc. has a 1 year low of $13.85 and a 1 year high of $21.27.

Postal Realty Trust (NYSE:PSTL) last posted its earnings results on Tuesday, August 10th. The company reported $0.04 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.04. Postal Realty Trust had a return on equity of 0.84% and a net margin of 3.87%. Research analysts forecast that Postal Realty Trust, Inc. will post 0.88 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, August 27th. Stockholders of record on Friday, August 13th were issued a $0.222 dividend. This is an increase from Postal Realty Trust’s previous quarterly dividend of $0.22. This represents a $0.89 annualized dividend and a dividend yield of 4.69%. The ex-dividend date of this dividend was Thursday, August 12th. Postal Realty Trust’s payout ratio is presently 89.00%.

A number of analysts have issued reports on the company. Zacks Investment Research downgraded Postal Realty Trust from a “buy” rating to a “hold” rating in a report on Thursday, September 16th. TheStreet downgraded Postal Realty Trust from a “b-” rating to a “c” rating in a report on Thursday, August 12th.

Postal Realty Trust Company Profile

Postal Realty Trust, Inc is an internally managed real estate investment trust that owns and manages over 1,000 properties leased to the USPS. The Company believes it is one of the largest owners and managers of properties leased to the USPS.

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

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