NexPoint Real Estate Finance, Inc. (NYSE:NREF) Shares Bought by Barclays PLC

Barclays PLC lifted its position in shares of NexPoint Real Estate Finance, Inc. (NYSE:NREF) by 58.3% during the third quarter, Holdings Channel.com reports. The firm owned 21,730 shares of the company’s stock after acquiring an additional 8,002 shares during the period. Barclays PLC’s holdings in NexPoint Real Estate Finance were worth $340,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in NREF. Penserra Capital Management LLC boosted its stake in NexPoint Real Estate Finance by 22.9% during 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. State Street Corp raised its holdings in shares of NexPoint Real Estate Finance by 4.0% during the 3rd quarter. State Street Corp now owns 151,696 shares of the company’s stock worth $2,371,000 after acquiring an additional 5,875 shares during the period. Hsbc Holdings PLC lifted its holdings in NexPoint Real Estate Finance by 20.1% in the second quarter. Hsbc Holdings PLC now owns 16,377 shares of the company’s stock valued at $223,000 after acquiring an additional 2,740 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of 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 worth $331,000 after purchasing an additional 814 shares during the last quarter. 67.79% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. JMP Securities restated a “market perform” rating on shares of NexPoint Real Estate Finance in a report on Friday, January 10th. Keefe, Bruyette & Woods reduced their price objective on shares of NexPoint Real Estate Finance from $16.50 to $15.50 and set a “market perform” rating on the stock in a report on Tuesday, January 14th.

NexPoint Real Estate Finance Stock Performance

NYSE NREF opened at $15.63 on Monday. The business has a 50 day moving average price of $16.39 and a 200 day moving average price of $15.55. 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 company has a market capitalization of $272.92 million, a P/E ratio of 14.89 and a beta of 1.65. NexPoint Real Estate Finance, Inc. has a 1-year low of $12.63 and a 1-year high of $18.09.

NexPoint Real Estate Finance Dividend Announcement

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