NexPoint Real Estate Finance, Inc. (NYSE:NREF) Stock Position Decreased by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. cut its stake in shares of NexPoint Real Estate Finance, Inc. (NYSE:NREF) by 24.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,767 shares of the company’s stock after selling 5,376 shares during the period. Atria Wealth Solutions Inc. owned approximately 0.10% of NexPoint Real Estate Finance worth $264,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Raymond James Financial Services Advisors Inc. lifted its stake in NexPoint Real Estate Finance by 21.4% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 224,320 shares of the company’s stock valued at $3,670,000 after buying an additional 39,573 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in NexPoint Real Estate Finance by 38.9% in the 3rd quarter. Nisa Investment Advisors LLC now owns 6,247 shares of the company’s stock worth $102,000 after purchasing an additional 1,750 shares during the period. Barclays PLC grew its position in NexPoint Real Estate Finance by 90.3% during the 3rd quarter. Barclays PLC now owns 9,083 shares of the company’s stock worth $149,000 after purchasing an additional 4,309 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in NexPoint Real Estate Finance during the 3rd quarter valued at $182,000. Finally, Acadian Asset Management LLC raised its stake in NexPoint Real Estate Finance by 39.1% during the 3rd quarter. Acadian Asset Management LLC now owns 111,731 shares of the company’s stock valued at $1,826,000 after purchasing an additional 31,400 shares during the period. 67.79% of the stock is owned by hedge funds and other institutional investors.

NexPoint Real Estate Finance Trading Up 2.6 %

Shares of NYSE:NREF opened at $13.72 on Thursday. NexPoint Real Estate Finance, Inc. has a 12-month low of $12.63 and a 12-month high of $17.84. The company has a quick ratio of 460.31, a current ratio of 460.31 and a debt-to-equity ratio of 2.78. The firm has a market capitalization of $241.33 million, a P/E ratio of -24.67 and a beta of 1.61. The firm has a fifty day moving average of $13.57 and a two-hundred day moving average of $14.69.

NexPoint Real Estate Finance Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 14.58%. The ex-dividend date of this dividend is Friday, June 14th. NexPoint Real Estate Finance’s payout ratio is presently -363.64%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on NREF. Piper Sandler lowered their price target on NexPoint Real Estate Finance from $16.00 to $14.00 and set a “neutral” rating on the stock in a report on Monday. Keefe, Bruyette & Woods lowered their target price on NexPoint Real Estate Finance from $14.00 to $13.50 and set a “market perform” rating on the stock in a research note on Tuesday.

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.