NexPoint Diversified Real Estate Trust (NYSE:NXDT) Insider James D. Dondero Acquires 100,000 Shares

NexPoint Diversified Real Estate Trust (NYSE:NXDT) insider James D. Dondero bought 100,000 shares of the business’s stock in a transaction on Tuesday, April 8th. The shares were purchased at an average cost of $4.08 per share, for a total transaction of $408,000.00. Following the completion of the purchase, the insider now owns 383,477 shares in the company, valued at approximately $1,564,586.16. This trade represents a 35.28 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

NexPoint Diversified Real Estate Trust Trading Down 0.8 %

Shares of NXDT stock opened at $3.72 on Thursday. The stock’s fifty day simple moving average is $4.36 and its 200-day simple moving average is $5.30. NexPoint Diversified Real Estate Trust has a 1-year low of $3.12 and a 1-year high of $7.60.

NexPoint Diversified Real Estate Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, February 28th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 16.13%.

Institutional Trading of NexPoint Diversified Real Estate Trust

Institutional investors have recently made changes to their positions in the stock. FMR LLC lifted its position in NexPoint Diversified Real Estate Trust by 15.6% in the 3rd quarter. FMR LLC now owns 16,627 shares of the company’s stock worth $104,000 after buying an additional 2,250 shares in the last quarter. Quantinno Capital Management LP increased its stake in shares of NexPoint Diversified Real Estate Trust by 8.2% in the fourth quarter. Quantinno Capital Management LP now owns 30,046 shares of the company’s stock worth $183,000 after acquiring an additional 2,278 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of NexPoint Diversified Real Estate Trust by 9.6% during the fourth quarter. Cetera Investment Advisers now owns 26,467 shares of the company’s stock worth $161,000 after acquiring an additional 2,316 shares in the last quarter. Nuveen Asset Management LLC raised its holdings in shares of NexPoint Diversified Real Estate Trust by 1.7% during the fourth quarter. Nuveen Asset Management LLC now owns 151,649 shares of the company’s stock worth $925,000 after acquiring an additional 2,511 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in NexPoint Diversified Real Estate Trust by 23.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,916 shares of the company’s stock valued at $85,000 after purchasing an additional 2,641 shares during the last quarter.

NexPoint Diversified Real Estate Trust Company Profile

NexPoint Diversified Real Estate Trust (NXDT) is an externally advised diversified real estate investment trust (REIT), with its shares of common stock and 5.50% Series A Cumulative Preferred Shares listed on the New York Stock Exchange under the symbols NXDT and NXDT-PA, respectively. As a diversified REIT, NXDT's primary investment objective is to provide both current income and capital appreciation.