Atria Wealth Solutions Inc. Buys Shares of 15,362 NexPoint Real Estate Finance, Inc. (NYSE:NREF)

Atria Wealth Solutions Inc. bought a new stake in NexPoint Real Estate Finance, Inc. (NYSE:NREF) during the 1st quarter, Holdings Channel reports. The fund bought 15,362 shares of the company’s stock, valued at approximately $241,000.

Other large investors also recently modified their holdings of the company. Tower Research Capital LLC TRC increased its holdings in shares of NexPoint Real Estate Finance by 110.1% in the third quarter. Tower Research Capital LLC TRC now owns 2,120 shares of the company’s stock worth $31,000 after acquiring an additional 1,111 shares in the last quarter. American International Group Inc. bought a new stake in shares of NexPoint Real Estate Finance in the second quarter worth about $74,000. UBS Group AG bought a new stake in shares of NexPoint Real Estate Finance in the second quarter worth about $82,000. Barclays PLC increased its holdings in shares of NexPoint Real Estate Finance by 92.4% in the first quarter. Barclays PLC now owns 4,152 shares of the company’s stock worth $65,000 after acquiring an additional 1,994 shares in the last quarter. Finally, MetLife Investment Management LLC bought a new stake in shares of NexPoint Real Estate Finance in the fourth quarter worth about $68,000. 68.25% of the stock is currently owned by institutional investors.

NexPoint Real Estate Finance Stock Up 1.1 %

NYSE:NREF opened at $16.53 on Tuesday. The company has a debt-to-equity ratio of 2.46, a quick ratio of 501.62 and a current ratio of 501.62. The company has a market cap of $284.81 million, a PE ratio of 551.00 and a beta of 1.69. NexPoint Real Estate Finance, Inc. has a 52-week low of $12.53 and a 52-week high of $19.95. The stock has a 50-day simple moving average of $16.76 and a 200 day simple moving average of $15.49.

NexPoint Real Estate Finance Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a dividend of $0.685 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $2.74 dividend on an annualized basis and a dividend yield of 16.58%. NexPoint Real Estate Finance’s payout ratio is presently 6,666.67%.

Analysts Set New Price Targets

Separately, Raymond James increased their price target on NexPoint Real Estate Finance from $17.50 to $19.00 and gave the stock a “strong-buy” rating in a report on Tuesday, August 1st.

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 stock, as well as multifamily commercial mortgage-backed securities securitizations, multifamily structured credit risk notes, and mortgage-backed securities.