NexPoint Residential Trust, Inc. $NXRT Shares Purchased by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL boosted its stake in NexPoint Residential Trust, Inc. (NYSE:NXRT) by 63.0% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 129,137 shares of the financial services provider’s stock after purchasing an additional 49,902 shares during the period. Tudor Investment Corp ET AL owned about 0.51% of NexPoint Residential Trust worth $4,161,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NXRT. The Manufacturers Life Insurance Company lifted its holdings in NexPoint Residential Trust by 4.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,546 shares of the financial services provider’s stock worth $285,000 after buying an additional 402 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in NexPoint Residential Trust by 3.8% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 13,248 shares of the financial services provider’s stock valued at $441,000 after buying an additional 488 shares during the period. Van ECK Associates Corp grew its stake in shares of NexPoint Residential Trust by 10.8% in the third quarter. Van ECK Associates Corp now owns 5,472 shares of the financial services provider’s stock worth $176,000 after acquiring an additional 535 shares in the last quarter. Resona Asset Management Co. Ltd. increased its position in shares of NexPoint Residential Trust by 6.3% during the third quarter. Resona Asset Management Co. Ltd. now owns 9,686 shares of the financial services provider’s stock worth $307,000 after acquiring an additional 571 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of NexPoint Residential Trust by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,281 shares of the financial services provider’s stock worth $525,000 after acquiring an additional 573 shares during the period. Hedge funds and other institutional investors own 76.61% of the company’s stock.

NexPoint Residential Trust Stock Performance

Shares of NXRT stock opened at $25.18 on Thursday. The company has a current ratio of 2.27, a quick ratio of 2.27 and a debt-to-equity ratio of 5.27. The firm has a fifty day moving average price of $28.76 and a 200 day moving average price of $30.23. The company has a market cap of $639.77 million, a P/E ratio of -19.83 and a beta of 1.19. NexPoint Residential Trust, Inc. has a 12 month low of $23.85 and a 12 month high of $40.78.

NexPoint Residential Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 8.4%. The ex-dividend date of this dividend is Friday, March 13th. NexPoint Residential Trust’s dividend payout ratio (DPR) is -166.93%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on NXRT. Zacks Research upgraded NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a report on Friday, January 16th. Truist Financial cut their price target on NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Wall Street Zen lowered NexPoint Residential Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 28th. Weiss Ratings reissued a “sell (d)” rating on shares of NexPoint Residential Trust in a research report on Thursday, January 22nd. Finally, Raymond James Financial restated an “underperform” rating on shares of NexPoint Residential Trust in a research note on Friday, February 27th. Five investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, NexPoint Residential Trust currently has an average rating of “Reduce” and a consensus target price of $34.75.

Insider Activity

In related news, insider Matt Mcgraner purchased 2,000 shares of the company’s stock in a transaction on Friday, March 20th. The shares were bought at an average cost of $24.37 per share, for a total transaction of $48,740.00. Following the completion of the purchase, the insider directly owned 331,334 shares of the company’s stock, valued at approximately $8,074,609.58. This trade represents a 0.61% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Paul Richards acquired 1,500 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were bought at an average cost of $24.81 per share, for a total transaction of $37,215.00. Following the acquisition, the insider owned 30,359 shares of the company’s stock, valued at $753,206.79. This represents a 5.20% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 8,700 shares of company stock worth $223,777 in the last three months. Corporate insiders own 15.36% of the company’s stock.

NexPoint Residential Trust Profile

NexPoint Residential Trust is a real estate investment trust focused on the acquisition, leasing and management of single‐family rental homes across the United States. The company targets suburban and Sun Belt markets with favorable demographic trends, seeking to build a diversified portfolio of standalone residences that serve the growing demand for quality rental housing. By concentrating on professionally managed homes rather than multi‐family apartments, NexPoint Residential Trust aims to offer tenants the benefits of privacy and space, while generating predictable rental income for investors.

The firm’s investment strategy combines direct acquisitions of built single‐family homes with selective joint ventures and partnerships to optimize scale and geographic diversification.