Insider Buying: NexPoint Residential Trust (NYSE:NXRT) Insider Acquires $27,790.00 in Stock

NexPoint Residential Trust, Inc. (NYSE:NXRT) insider Matt Mcgraner bought 1,000 shares of the stock in a transaction dated Thursday, March 5th. The stock was purchased at an average cost of $27.79 per share, with a total value of $27,790.00. Following the completion of the purchase, the insider directly owned 313,821 shares in the company, valued at approximately $8,721,085.59. This trade represents a 0.32% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Matt Mcgraner also recently made the following trade(s):

• On Monday, March 9th, Matt Mcgraner purchased 1,000 shares of NexPoint Residential Trust stock. The stock was purchased at an average price of $26.39 per share, for a total transaction of $26,390.00.

NexPoint Residential Trust Price Performance

Shares of NXRT stock opened at $26.31 on Thursday. The firm has a market cap of $668.46 million, a price-to-earnings ratio of -20.71 and a beta of 1.19. NexPoint Residential Trust, Inc. has a 12 month low of $26.00 and a 12 month high of $40.78. The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 5.27. The stock has a 50-day moving average price of $29.75 and a 200 day moving average price of $30.81.

NexPoint Residential Trust Dividend Announcement

The firm also recently declared 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. The ex-dividend date is Friday, March 13th. This represents a $2.12 annualized dividend and a dividend yield of 8.1%. NexPoint Residential Trust’s payout ratio is currently -166.93%.

Institutional Investors Weigh In On NexPoint Residential Trust

Several large investors have recently bought and sold shares of NXRT. Long Pond Capital LP boosted its position in shares of NexPoint Residential Trust by 54.9% during the fourth quarter. Long Pond Capital LP now owns 842,870 shares of the financial services provider’s stock worth $25,370,000 after purchasing an additional 298,781 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of NexPoint Residential Trust by 49.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 827,052 shares of the financial services provider’s stock valued at $24,894,000 after buying an additional 272,391 shares in the last quarter. DigitalBridge Group Inc. acquired a new stake in NexPoint Residential Trust during the 3rd quarter worth $7,443,000. Marnell Management LLC bought a new position in NexPoint Residential Trust during the fourth quarter worth about $5,220,000. Finally, Starwood Capital Group Management L.L.C. lifted its holdings in NexPoint Residential Trust by 19.1% during the fourth quarter. Starwood Capital Group Management L.L.C. now owns 989,419 shares of the financial services provider’s stock worth $29,782,000 after acquiring an additional 158,750 shares in the last quarter. Institutional investors own 76.61% of the company’s stock.

Analyst Upgrades and Downgrades

NXRT has been the topic of several analyst reports. Citigroup restated a “market perform” rating on shares of NexPoint Residential Trust in a report on Tuesday. Raymond James Financial reaffirmed an “underperform” rating on shares of NexPoint Residential Trust in a report on Friday, February 27th. Truist Financial set a $27.00 target price on shares of NexPoint Residential Trust in a research report on Wednesday. Wall Street Zen lowered NexPoint Residential Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 28th. Finally, Zacks Research raised NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a research note on Friday, January 16th. Five research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $37.83.

NexPoint Residential Trust Company 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.