NexPoint Real Estate Finance, Inc. (NYSE:NREF) Shares Sold by Jane Street Group LLC

Jane Street Group LLC decreased its stake in shares of NexPoint Real Estate Finance, Inc. (NYSE:NREF) by 34.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,023 shares of the company’s stock after selling 6,390 shares during the quarter. Jane Street Group LLC owned about 0.07% of NexPoint Real Estate Finance worth $188,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of NREF. Penserra Capital Management LLC lifted 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 purchasing an additional 13,020 shares during the period. State Street Corp lifted its stake in NexPoint Real Estate Finance by 4.0% during 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 during the period. BOKF NA boosted its holdings in shares of NexPoint Real Estate Finance by 7.4% in the 2nd quarter. BOKF NA now owns 67,525 shares of the company’s stock valued at $926,000 after acquiring an additional 4,649 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in shares of NexPoint Real Estate Finance by 20.1% in the 2nd quarter. Hsbc Holdings PLC now owns 16,377 shares of the company’s stock valued at $223,000 after acquiring an additional 2,740 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake 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. Institutional investors and hedge funds own 67.79% of the company’s stock.

NexPoint Real Estate Finance Price Performance

NYSE:NREF opened at $14.89 on Monday. 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 company has a 50 day moving average price of $16.42 and a 200-day moving average price of $15.50. 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 market cap of $259.99 million, a price-to-earnings ratio of 14.18 and a beta of 1.65.

NexPoint Real Estate Finance Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.50 dividend. The ex-dividend date was Friday, December 13th. This represents a $2.00 dividend on an annualized basis and a yield of 13.43%. NexPoint Real Estate Finance’s payout ratio is 190.48%.

Analysts Set New Price Targets

A number of research firms recently issued reports on NREF. JMP Securities restated a “market perform” rating on shares of NexPoint Real Estate Finance in a research report on Friday. Raymond James cut NexPoint Real Estate Finance from a “strong-buy” rating to a “market perform” rating in a 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.