Barclays PLC Buys 8,002 Shares of NexPoint Real Estate Finance, Inc. (NYSE:NREF)

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

Several other hedge funds have also bought and sold shares of NREF. Hsbc Holdings PLC increased its stake in NexPoint Real Estate Finance by 20.1% during the second quarter. Hsbc Holdings PLC now owns 16,377 shares of the company’s stock worth $223,000 after acquiring an additional 2,740 shares during the last quarter. Bank of New York Mellon Corp raised its holdings 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 valued at $331,000 after buying an additional 814 shares during the period. Penserra Capital Management LLC lifted its position in NexPoint Real Estate Finance by 22.9% in 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 during the last quarter. Finally, State Street Corp boosted its stake in 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 during the period. Hedge funds and other institutional investors own 67.79% of the company’s stock.

Analyst Upgrades and Downgrades

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

NexPoint Real Estate Finance Stock Up 1.2 %

Shares of NexPoint Real Estate Finance stock opened at $15.63 on Monday. NexPoint Real Estate Finance, Inc. has a 1 year low of $12.63 and a 1 year high of $18.09. 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 stock has a market cap of $272.92 million, a price-to-earnings ratio of 14.89 and a beta of 1.65. The firm’s 50-day moving average is $16.39 and its two-hundred day moving average is $15.55.

NexPoint Real Estate Finance Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 12.80%. The ex-dividend date was Friday, December 13th. NexPoint Real Estate Finance’s dividend payout ratio (DPR) is currently 190.48%.

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.