NexPoint Residential Trust, Inc. (NYSE:NXRT) insider James D. Dondero purchased 18,000 shares of NexPoint Residential Trust stock in a transaction that occurred on Thursday, December 14th. The stock was acquired at an average price of $26.65 per share, for a total transaction of $479,700.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.

NexPoint Residential Trust, Inc. (NYSE:NXRT) traded down $0.01 during mid-day trading on Friday, reaching $26.62. 846,200 shares of the company’s stock were exchanged, compared to its average volume of 82,612. The company has a debt-to-equity ratio of 3.09, a current ratio of 1.72 and a quick ratio of 1.72. NexPoint Residential Trust, Inc. has a fifty-two week low of $20.48 and a fifty-two week high of $29.28. The company has a market capitalization of $578.92, a PE ratio of 17.40, a price-to-earnings-growth ratio of 4.74 and a beta of 0.93.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be given a dividend of $0.25 per share. This is a boost from NexPoint Residential Trust’s previous quarterly dividend of $0.22. The ex-dividend date is Thursday, December 14th. This represents a $1.00 dividend on an annualized basis and a yield of 3.76%. NexPoint Residential Trust’s payout ratio is 32.71%.

Several equities research analysts recently weighed in on the stock. FBR & Co restated a “buy” rating and issued a $27.00 price target on shares of NexPoint Residential Trust in a research report on Thursday, October 26th. BidaskClub upgraded shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, September 12th. Janney Montgomery Scott assumed coverage on shares of NexPoint Residential Trust in a research report on Friday, September 8th. They issued a “neutral” rating on the stock. B. Riley restated a “buy” rating and issued a $28.00 price target (up previously from $27.00) on shares of NexPoint Residential Trust in a research report on Wednesday, November 1st. Finally, ValuEngine cut shares of NexPoint Residential Trust from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $27.75.

A number of hedge funds have recently bought and sold shares of NXRT. Chicago Equity Partners LLC bought a new position in NexPoint Residential Trust during the second quarter valued at $209,000. Great West Life Assurance Co. Can boosted its stake in shares of NexPoint Residential Trust by 0.3% during the second quarter. Great West Life Assurance Co. Can now owns 10,225 shares of the financial services provider’s stock valued at $254,000 after purchasing an additional 29 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of NexPoint Residential Trust by 2.7% during the second quarter. The Manufacturers Life Insurance Company now owns 14,817 shares of the financial services provider’s stock valued at $369,000 after purchasing an additional 385 shares during the period. Virginia Retirement Systems ET AL boosted its stake in shares of NexPoint Residential Trust by 7.6% during the second quarter. Virginia Retirement Systems ET AL now owns 15,500 shares of the financial services provider’s stock valued at $386,000 after purchasing an additional 1,100 shares during the period. Finally, Boothbay Fund Management LLC purchased a new stake in shares of NexPoint Residential Trust during the third quarter valued at $415,000. Institutional investors and hedge funds own 56.62% of the company’s stock.

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NexPoint Residential Trust Company Profile

NexPoint Residential Trust, Inc is an externally managed real estate investment trust (REIT). The Company’s investment objectives are to maximize the cash flow and value of properties owned, acquire properties with cash flow growth potential, provide quarterly cash distributions and achieve long-term capital appreciation for its stockholders through targeted management and a value-add program.

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