Quantinno Capital Management LP Buys 11,998 Shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Quantinno Capital Management LP raised its stake in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 76.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 27,768 shares of the company’s stock after purchasing an additional 11,998 shares during the quarter. Quantinno Capital Management LP’s holdings in NexPoint Diversified Real Estate Trust were worth $174,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC bought a new stake in NexPoint Diversified Real Estate Trust during the 3rd quarter valued at $71,000. FMR LLC increased its position in shares of NexPoint Diversified Real Estate Trust by 15.6% in the third quarter. FMR LLC now owns 16,627 shares of the company’s stock valued at $104,000 after acquiring an additional 2,250 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of NexPoint Diversified Real Estate Trust by 24.2% during the second quarter. The Manufacturers Life Insurance Company now owns 16,733 shares of the company’s stock valued at $93,000 after acquiring an additional 3,258 shares during the last quarter. Leonard Rickey Investment Advisors P.L.L.C. purchased a new stake in shares of NexPoint Diversified Real Estate Trust during the second quarter worth about $105,000. Finally, Sovereign Financial Group Inc. purchased a new stake in shares of NexPoint Diversified Real Estate Trust during the third quarter worth about $131,000.

NexPoint Diversified Real Estate Trust Stock Performance

Shares of NYSE:NXDT opened at 6.48 on Tuesday. The stock’s 50-day moving average is 5.69 and its 200 day moving average is 5.72. NexPoint Diversified Real Estate Trust has a 1 year low of 4.67 and a 1 year high of 8.36.

NexPoint Diversified Real Estate Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, November 15th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.60 annualized dividend and a dividend yield of 9.26%.

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.