Matt Mcgraner Acquires 15,000 Shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) Stock

NexPoint Diversified Real Estate Trust (NYSE:NXDT) insider Matt Mcgraner purchased 15,000 shares of the firm’s stock in a transaction dated Monday, July 8th. The shares were bought at an average price of 5.37 per share, with a total value of 80,550.00. Following the purchase, the insider now owns 80,386 shares in the company, valued at approximately 431,672.82. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Matt Mcgraner also recently made the following trade(s):

• On Friday, June 21st, Matt Mcgraner purchased 5,000 shares of NexPoint Diversified Real Estate Trust stock. The shares were bought at an average price of 4.74 per share, with a total value of 23,700.00.

NexPoint Diversified Real Estate Trust Price Performance

NYSE NXDT opened at 6.02 on Friday. NexPoint Diversified Real Estate Trust has a twelve month low of 4.67 and a twelve month high of 13.07. The stock has a 50-day simple moving average of 5.39 and a 200 day simple moving average of 6.19.

NexPoint Diversified Real Estate Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Wednesday, May 15th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 14th. This represents a $0.60 annualized dividend and a dividend yield of 9.97%.

Hedge Funds Weigh In On NexPoint Diversified Real Estate Trust

Several large investors have recently made changes to their positions in NXDT. TCW Group Inc. raised its holdings in NexPoint Diversified Real Estate Trust by 1.3% in the 4th quarter. TCW Group Inc. now owns 210,039 shares of the company’s stock valued at $1,670,000 after acquiring an additional 2,736 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of NexPoint Diversified Real Estate Trust by 29.5% in the 4th quarter. SG Americas Securities LLC now owns 17,402 shares of the company’s stock worth $138,000 after buying an additional 3,965 shares in the last quarter. Bulldog Investors LLP grew its position in NexPoint Diversified Real Estate Trust by 2.3% during the 4th quarter. Bulldog Investors LLP now owns 177,868 shares of the company’s stock worth $1,414,000 after acquiring an additional 3,969 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its position in NexPoint Diversified Real Estate Trust by 1.4% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 317,032 shares of the company’s stock worth $2,092,000 after acquiring an additional 4,298 shares during the last quarter. Finally, Baystate Wealth Management LLC bought a new stake in NexPoint Diversified Real Estate Trust during the 4th quarter worth approximately $36,000.

NexPoint Diversified Real Estate Trust Company Profile

NexPoint Diversified Real Estate Trust (NXDT) is an externally advised diversified real estate investment trust (REIT), with its shares of common stock and 5.50% Series A Cumulative Preferred Shares listed on the New York Stock Exchange under the symbols NXDT and NXDT-PA, respectively. As a diversified REIT, NXDT's primary investment objective is to provide both current income and capital appreciation.