ProShare Advisors LLC Buys 20,517 Shares of NexPoint Residential Trust, Inc. $NXRT

ProShare Advisors LLC increased its stake in shares of NexPoint Residential Trust, Inc. (NYSE:NXRTFree Report) by 11.2% during the fourth quarter, HoldingsChannel reports. The fund owned 204,074 shares of the financial services provider’s stock after acquiring an additional 20,517 shares during the quarter. ProShare Advisors LLC’s holdings in NexPoint Residential Trust were worth $6,143,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Smartleaf Asset Management LLC increased its holdings in NexPoint Residential Trust by 205.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 857 shares of the financial services provider’s stock valued at $27,000 after buying an additional 576 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of NexPoint Residential Trust by 121.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,656 shares of the financial services provider’s stock worth $88,000 after purchasing an additional 1,455 shares during the last quarter. Strs Ohio bought a new stake in shares of NexPoint Residential Trust in the 1st quarter worth about $158,000. Van ECK Associates Corp grew its holdings in shares of NexPoint Residential Trust by 10.8% in the 3rd quarter. Van ECK Associates Corp now owns 5,472 shares of the financial services provider’s stock worth $176,000 after purchasing an additional 535 shares during the last quarter. Finally, Inscription Capital LLC acquired a new position in NexPoint Residential Trust during the 3rd quarter worth about $206,000. Institutional investors own 76.61% of the company’s stock.

Analyst Ratings Changes

NXRT has been the topic of several research reports. Wall Street Zen upgraded shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Saturday. Truist Financial reduced their price target on shares of NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating on the stock in a research report on Wednesday, March 11th. Citigroup restated a “market perform” rating on shares of NexPoint Residential Trust in a research report on Tuesday, March 10th. Zacks Research downgraded shares of NexPoint Residential Trust from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings upgraded shares of NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Two analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Strong Sell” and an average target price of $27.00.

Get Our Latest Analysis on NexPoint Residential Trust

NexPoint Residential Trust Stock Performance

NexPoint Residential Trust stock opened at $29.75 on Friday. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 5.75. NexPoint Residential Trust, Inc. has a 1 year low of $23.79 and a 1 year high of $35.22. The company has a market cap of $758.20 million, a PE ratio of -23.42 and a beta of 1.20. The company’s 50-day moving average is $26.78 and its two-hundred day moving average is $28.89.

NexPoint Residential Trust (NYSE:NXRTGet Free Report) last released its earnings results on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.10. NexPoint Residential Trust had a negative net margin of 12.67% and a negative return on equity of 10.30%. The company had revenue of $63.54 million for the quarter, compared to the consensus estimate of $63.20 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.570-2.570 EPS. Equities analysts anticipate that NexPoint Residential Trust, Inc. will post 2.2 earnings per share for the current year.

NexPoint Residential Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.53 per share. The ex-dividend date is Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a yield of 7.1%. NexPoint Residential Trust’s dividend payout ratio is presently -166.93%.

Insider Buying and Selling

In other news, insider Paul Richards purchased 1,500 shares of the business’s stock in a transaction that occurred on Thursday, March 19th. The shares were acquired at an average cost of $24.81 per share, for a total transaction of $37,215.00. Following the transaction, the insider directly owned 30,359 shares of the company’s stock, valued at approximately $753,206.79. The trade was a 5.20% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, insider Matt Mcgraner purchased 2,000 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The stock was purchased at an average price of $24.37 per share, for a total transaction of $48,740.00. Following the completion of the transaction, the insider directly owned 331,334 shares in the company, valued at $8,074,609.58. This trade represents a 0.61% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 8,700 shares of company stock worth $223,777 over the last quarter. 16.63% of the stock is currently owned by corporate insiders.

NexPoint Residential Trust Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding NXRT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NexPoint Residential Trust, Inc. (NYSE:NXRTFree Report).

Institutional Ownership by Quarter for NexPoint Residential Trust (NYSE:NXRT)

Receive News & Ratings for NexPoint Residential Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NexPoint Residential Trust and related companies with MarketBeat.com's FREE daily email newsletter.