NexPoint Real Estate Finance, Inc. (NYSE:NREF) Stake Boosted by Berkeley Capital Partners LLC

Berkeley Capital Partners LLC increased its position in shares of NexPoint Real Estate Finance, Inc. (NYSE:NREF) by 2.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,887 shares of the company’s stock after purchasing an additional 780 shares during the quarter. Berkeley Capital Partners LLC’s holdings in NexPoint Real Estate Finance were worth $594,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in NexPoint Real Estate Finance by 77.2% in the third quarter. JPMorgan Chase & Co. now owns 6,550 shares of the company’s stock valued at $102,000 after buying an additional 2,854 shares during the last quarter. Copley Financial Group Inc. bought a new stake in NexPoint Real Estate Finance in the third quarter valued at $104,000. Navis Wealth Advisors LLC lifted its stake in NexPoint Real Estate Finance by 61.0% in the fourth quarter. Navis Wealth Advisors LLC now owns 17,162 shares of the company’s stock valued at $269,000 after buying an additional 6,502 shares during the last quarter. Barclays PLC lifted its stake in NexPoint Real Estate Finance by 58.3% in the third quarter. Barclays PLC now owns 21,730 shares of the company’s stock valued at $340,000 after buying an additional 8,002 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in NexPoint Real Estate Finance by 8.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 26,308 shares of the company’s stock valued at $413,000 after buying an additional 1,986 shares during the last quarter. 67.79% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on NREF shares. JMP Securities reiterated a “market perform” rating on shares of NexPoint Real Estate Finance in a research note on Friday, January 10th. Keefe, Bruyette & Woods raised their target price on NexPoint Real Estate Finance from $15.50 to $16.00 and gave the company a “market perform” rating in a research note on Monday, March 3rd.

NexPoint Real Estate Finance Price Performance

Shares of NREF opened at $15.68 on Thursday. The firm has a market capitalization of $273.79 million, a price-to-earnings ratio of 14.93 and a beta of 1.63. The company has a debt-to-equity ratio of 1.71, a quick ratio of 280.30 and a current ratio of 280.30. NexPoint Real Estate Finance, Inc. has a one year low of $12.63 and a one year high of $18.09. The stock’s fifty day moving average is $15.65 and its 200-day moving average is $15.87.

NexPoint Real Estate Finance (NYSE:NREF) last issued its quarterly earnings results on Thursday, February 27th. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. The business had revenue of $21.69 million for the quarter, compared to analyst estimates of $11.38 million. Equities analysts anticipate that NexPoint Real Estate Finance, Inc. will post 1.48 EPS for the current year.

NexPoint Real Estate Finance Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 12.76%. The ex-dividend date is Friday, March 14th. NexPoint Real Estate Finance’s dividend payout ratio (DPR) is 270.27%.

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 equity investments, as well as multifamily and single-family rental commercial mortgage-backed securities securitizations, multifamily structured credit risk notes, and mortgage-backed securities or target assets.