NexPoint Real Estate Finance, Inc. (NYSE:NREF) Shares Bought by Barclays PLC

Barclays PLC increased its stake in NexPoint Real Estate Finance, Inc. (NYSE:NREF) by 58.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,730 shares of the company’s stock after purchasing an additional 8,002 shares during the period. Barclays PLC owned 0.12% of NexPoint Real Estate Finance worth $340,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. First Foundation Advisors raised its position in NexPoint Real Estate Finance by 39.8% during the 2nd quarter. First Foundation Advisors now owns 15,012 shares of the company’s stock worth $206,000 after buying an additional 4,274 shares during the last quarter. Hsbc Holdings PLC raised its position in NexPoint Real Estate Finance by 20.1% during the 2nd quarter. Hsbc Holdings PLC now owns 16,377 shares of the company’s stock worth $223,000 after buying an additional 2,740 shares during the last quarter. Bank of New York Mellon Corp raised its position in NexPoint Real Estate Finance by 3.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 24,113 shares of the company’s stock worth $331,000 after buying an additional 814 shares during the last quarter. Wedbush Securities Inc. raised its position in NexPoint Real Estate Finance by 59.6% during the 2nd quarter. Wedbush Securities Inc. now owns 62,230 shares of the company’s stock worth $854,000 after buying an additional 23,249 shares during the last quarter. Finally, BOKF NA raised its position in NexPoint Real Estate Finance by 7.4% during the 2nd quarter. BOKF NA now owns 67,525 shares of the company’s stock worth $926,000 after buying an additional 4,649 shares during the last quarter. 67.79% of the stock is currently owned by institutional investors and hedge funds.

NexPoint Real Estate Finance Price Performance

NYSE:NREF opened at $15.83 on Friday. The company has a debt-to-equity ratio of 1.71, a current ratio of 280.30 and a quick ratio of 280.30. The firm has a market cap of $276.41 million, a price-to-earnings ratio of 15.08 and a beta of 1.64. The company has a 50 day moving average price of $16.34 and a 200-day moving average price of $15.42. NexPoint Real Estate Finance, Inc. has a 1-year low of $12.63 and a 1-year high of $18.09.

NexPoint Real Estate Finance Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 12.63%. The ex-dividend date of this dividend was Friday, December 13th. NexPoint Real Estate Finance’s dividend payout ratio (DPR) is 190.48%.

Analyst Ratings Changes

Separately, Raymond James lowered shares of NexPoint Real Estate Finance from a “strong-buy” rating to a “market perform” rating in a research report on Thursday, September 19th.

NexPoint Real Estate Finance Company Profile

NexPoint Real Estate Finance, Inc operates as a commercial mortgage real estate investment trust in the United States. It focuses on originating, structuring, and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, multifamily properties, and common equity investments, as well as multifamily and single-family rental commercial mortgage-backed securities securitizations, multifamily structured credit risk notes, and mortgage-backed securities or target assets.