JPMorgan Chase & Co. Has $102,000 Stock Holdings in NexPoint Real Estate Finance, Inc. (NYSE:NREF)

JPMorgan Chase & Co. increased its position in shares of NexPoint Real Estate Finance, Inc. (NYSE:NREF) by 77.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,550 shares of the company’s stock after acquiring an additional 2,854 shares during the quarter. JPMorgan Chase & Co.’s holdings in NexPoint Real Estate Finance were worth $102,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Copley Financial Group Inc. bought a new stake in shares of NexPoint Real Estate Finance in the third quarter worth about $104,000. Barclays PLC grew its holdings in shares of NexPoint Real Estate Finance by 58.3% during the third quarter. Barclays PLC now owns 21,730 shares of the company’s stock worth $340,000 after buying an additional 8,002 shares in the last quarter. Penserra Capital Management LLC grew its holdings in shares of NexPoint Real Estate Finance by 22.9% during the third quarter. Penserra Capital Management LLC now owns 69,923 shares of the company’s stock worth $1,092,000 after buying an additional 13,020 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of NexPoint Real Estate Finance by 4.0% during the third quarter. State Street Corp now owns 151,696 shares of the company’s stock worth $2,371,000 after buying an additional 5,875 shares in the last quarter. Institutional investors own 67.79% of the company’s stock.

NexPoint Real Estate Finance Trading Up 0.4 %

Shares of NREF opened at $15.47 on Monday. NexPoint Real Estate Finance, Inc. has a 52-week low of $12.63 and a 52-week high of $18.09. The business’s fifty day moving average is $16.10 and its 200-day moving average is $15.63. The company has a debt-to-equity ratio of 1.71, a quick ratio of 280.30 and a current ratio of 280.30. The firm has a market cap of $270.11 million, a price-to-earnings ratio of 14.73 and a beta of 1.65.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Keefe, Bruyette & Woods reduced their price target on NexPoint Real Estate Finance from $16.50 to $15.50 and set a “market perform” rating for the company in a research report on Tuesday, January 14th. JMP Securities reissued a “market perform” rating on shares of NexPoint Real Estate Finance in a report on Friday, January 10th.

About NexPoint Real Estate Finance

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.