Barclays PLC Buys 1,615 Shares of NexPoint Real Estate Finance, Inc. (NYSE:NREF)

Barclays PLC increased its position in NexPoint Real Estate Finance, Inc. (NYSE:NREF) by 7.4% in the 4th quarter, HoldingsChannel reports. The fund owned 23,345 shares of the company’s stock after buying an additional 1,615 shares during the quarter. Barclays PLC’s holdings in NexPoint Real Estate Finance were worth $366,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in NexPoint Real Estate Finance during the fourth quarter valued at $5,208,000. Wedbush Securities Inc. grew its holdings in NexPoint Real Estate Finance by 10.2% during the 4th quarter. Wedbush Securities Inc. now owns 70,846 shares of the company’s stock valued at $1,112,000 after purchasing an additional 6,551 shares during the last quarter. Morey & Quinn Wealth Partners LLC purchased a new stake in NexPoint Real Estate Finance in the 4th quarter worth about $622,000. Berkeley Capital Partners LLC lifted its stake in NexPoint Real Estate Finance by 2.1% in the fourth quarter. Berkeley Capital Partners LLC now owns 37,887 shares of the company’s stock worth $594,000 after purchasing an additional 780 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in NexPoint Real Estate Finance by 7.0% during the 4th quarter. LPL Financial LLC now owns 31,093 shares of the company’s stock valued at $488,000 after acquiring an additional 2,045 shares during the period. Institutional investors own 67.79% of the company’s stock.

NexPoint Real Estate Finance Trading Up 0.1 %

NexPoint Real Estate Finance stock opened at $14.35 on Friday. The stock has a 50-day moving average of $14.62 and a two-hundred day moving average of $15.49. The stock has a market cap of $253.19 million, a PE ratio of 13.67 and a beta of 1.33. The company has a debt-to-equity ratio of 1.71, a quick ratio of 280.30 and a current ratio of 280.30. NexPoint Real Estate Finance, Inc. has a one year low of $12.14 and a one year high of $18.09.

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

NexPoint Real Estate Finance Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 13.94%. The ex-dividend date of this dividend is Friday, June 13th. NexPoint Real Estate Finance’s payout ratio is 88.11%.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods decreased their price target on shares of NexPoint Real Estate Finance from $15.00 to $14.50 and set a “market perform” rating for the company in a research note on Friday, May 2nd.

About NexPoint Real Estate Finance

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.