Corient Private Wealth LLC Has $194,000 Holdings in NexPoint Real Estate Finance, Inc. (NYSE:NREF)

Corient Private Wealth LLC decreased its stake in shares of NexPoint Real Estate Finance, Inc. (NYSE:NREF) by 25.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,343 shares of the company’s stock after selling 4,217 shares during the period. Corient Private Wealth LLC owned approximately 0.07% of NexPoint Real Estate Finance worth $194,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its holdings in NexPoint Real Estate Finance by 8.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 26,308 shares of the company’s stock worth $413,000 after purchasing an additional 1,986 shares in the last quarter. JPMorgan Chase & Co. raised its position in NexPoint Real Estate Finance by 77.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,550 shares of the company’s stock valued at $102,000 after buying an additional 2,854 shares during the last quarter. State Street Corp lifted its stake in NexPoint Real Estate Finance by 4.0% in the 3rd quarter. State Street Corp now owns 151,696 shares of the company’s stock valued at $2,371,000 after acquiring an additional 5,875 shares in the last quarter. Navis Wealth Advisors LLC boosted its position in NexPoint Real Estate Finance by 61.0% during the 4th quarter. Navis Wealth Advisors LLC now owns 17,162 shares of the company’s stock worth $269,000 after acquiring an additional 6,502 shares during the last quarter. Finally, Copley Financial Group Inc. bought a new stake in shares of NexPoint Real Estate Finance in the third quarter worth $104,000. 67.79% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on NREF shares. Keefe, Bruyette & Woods boosted their price target on shares of NexPoint Real Estate Finance from $15.50 to $16.00 and gave the stock a “market perform” rating in a research report on Monday, March 3rd. JMP Securities reaffirmed a “market perform” rating on shares of NexPoint Real Estate Finance in a research report on Friday, January 10th.

NexPoint Real Estate Finance Price Performance

NYSE:NREF opened at $14.91 on Wednesday. The stock has a market capitalization of $260.34 million, a PE ratio of 14.20 and a beta of 1.63. NexPoint Real Estate Finance, Inc. has a 1-year low of $12.63 and a 1-year high of $18.09. The firm has a fifty day simple moving average of $15.69 and a 200 day simple moving average of $15.81. The company has a current ratio of 280.30, a quick ratio of 280.30 and a debt-to-equity ratio of 1.71.

NexPoint Real Estate Finance (NYSE:NREF) last announced its quarterly earnings data on Thursday, February 27th. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. The firm had revenue of $21.69 million during the quarter, compared to the consensus estimate of $11.38 million. On average, research analysts expect that NexPoint Real Estate Finance, Inc. will post 1.48 EPS for the current fiscal year.

NexPoint Real Estate Finance Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 13.41%. The ex-dividend date was Friday, March 14th. NexPoint Real Estate Finance’s dividend payout ratio (DPR) is presently 270.27%.

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.