Bokf Na Acquires 4,649 Shares of NexPoint Real Estate Finance, Inc. (NYSE:NREF)

Bokf Na raised its position in shares of NexPoint Real Estate Finance, Inc. (NYSE:NREF) by 7.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 67,525 shares of the company’s stock after purchasing an additional 4,649 shares during the period. Bokf Na owned 0.38% of NexPoint Real Estate Finance worth $926,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of NREF. Vanguard Group Inc. boosted its holdings in shares of NexPoint Real Estate Finance by 0.8% in the first quarter. Vanguard Group Inc. now owns 426,355 shares of the company’s stock worth $6,122,000 after acquiring an additional 3,419 shares during the period. Raymond James & Associates boosted its holdings in shares of NexPoint Real Estate Finance by 6.3% in the second quarter. Raymond James & Associates now owns 310,583 shares of the company’s stock worth $4,261,000 after acquiring an additional 18,334 shares during the period. Wedbush Securities Inc. boosted its holdings in shares of NexPoint Real Estate Finance by 59.6% in the second quarter. Wedbush Securities Inc. now owns 62,230 shares of the company’s stock worth $854,000 after acquiring an additional 23,249 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of NexPoint Real Estate Finance by 3.5% in the second quarter. Bank of New York Mellon Corp now owns 24,113 shares of the company’s stock worth $331,000 after acquiring an additional 814 shares during the period. Finally, First Foundation Advisors boosted its holdings in shares of NexPoint Real Estate Finance by 39.8% in the second quarter. First Foundation Advisors now owns 15,012 shares of the company’s stock worth $206,000 after acquiring an additional 4,274 shares during the period. 67.79% of the stock is owned by institutional investors.

NexPoint Real Estate Finance Price Performance

NexPoint Real Estate Finance stock opened at $16.07 on Monday. NexPoint Real Estate Finance, Inc. has a one year low of $12.63 and a one year high of $17.25. The business has a fifty day moving average price of $15.05 and a 200-day moving average price of $14.15. The company has a debt-to-equity ratio of 1.76, a current ratio of 374.23 and a quick ratio of 374.23. The firm has a market capitalization of $284.74 million, a P/E ratio of -29.22 and a beta of 1.61.

NexPoint Real Estate Finance (NYSE:NREF) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.25. NexPoint Real Estate Finance had a return on equity of 7.15% and a net margin of 23.44%. The company had revenue of $18.23 million for the quarter, compared to the consensus estimate of $3.39 million. During the same quarter last year, the business posted $0.41 earnings per share. As a group, equities research analysts forecast that NexPoint Real Estate Finance, Inc. will post 0.97 EPS for the current year.

NexPoint Real Estate Finance Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a $0.50 dividend. The ex-dividend date is Friday, September 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 12.45%. NexPoint Real Estate Finance’s dividend payout ratio (DPR) is presently -363.64%.

NexPoint Real Estate Finance 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.