2 weeks Ago By ABMN Staff
Renaissance Technologies LLC raised its position in shares of Postal Realty Trust, Inc. ( NYSE:PSTL – Free Report ) by 27.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The firm owned 321,850 shares of the company’s stock after buying an additional 68,600 shares during the period. Renaissance Technologies LLC’s holdings in Postal Realty Trust were worth $4,200,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors have also modified their holdings of PSTL.
Essex Financial Services Inc. increased its stake in Postal Realty Trust by 2.1% during the fourth quarter.
Essex Financial Services Inc. now owns 46,583 shares of the company’s stock worth $608,000 after purchasing an additional 955 shares during the period. Principle Wealth Partners LLC raised 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 valued at $212,000 after acquiring an additional 1,225 shares in the last quarter. PNC Financial Services Group Inc.
increased its holdings in 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. Quadrant Capital Group LLC acquired a new stake in Postal Realty Trust in the 4th quarter valued at about $25,000. Finally, New York State Teachers Retirement System acquired a new position in shares of Postal Realty Trust during the fourth quarter worth about $26,000.
57.89% of the stock is owned by institutional investors and hedge funds. Insider Transactions at Postal Realty Trust In related news, CAO Matt Brandwein sold 2,810 shares of the business’s stock in a transaction dated Thursday, March 13th.
The stock was sold at an average price of $14.30, for a total value of $40,183.00.
Following the transaction, the chief accounting officer now owns 131,715 shares in the company, valued at $1,883,524.50. The trade was a 2.
09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website . In the last quarter, insiders sold 19,452 shares of company stock worth $277,332.
13.60% of the stock is currently owned by insiders. Postal Realty Trust Trading Down 0.
8 % Postal Realty Trust Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 1st will be paid a $0.2425 dividend.
This represents a $0.97 annualized dividend and a yield of 7.28%.
Postal Realty Trust’s dividend payout ratio is currently 461.90%. Postal Realty Trust Company 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. See Also Want to see what other hedge funds are holding PSTL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Postal Realty Trust, Inc.
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