NexPoint Residential Trust, Inc. $NXRT Shares Sold by Strs Ohio

Strs Ohio decreased its position in NexPoint Residential Trust, Inc. (NYSE:NXRT) by 37.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,900 shares of the financial services provider’s stock after selling 55,000 shares during the period. Strs Ohio’s holdings in NexPoint Residential Trust were worth $2,298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NXRT. DigitalBridge Group Inc. purchased a new position in shares of NexPoint Residential Trust in the third quarter worth about $7,443,000. Tudor Investment Corp ET AL boosted its position in NexPoint Residential Trust by 63.0% in the third quarter. Tudor Investment Corp ET AL now owns 129,137 shares of the financial services provider’s stock valued at $4,161,000 after buying an additional 49,902 shares during the last quarter. UBS Group AG boosted its position in NexPoint Residential Trust by 44.7% in the fourth quarter. UBS Group AG now owns 115,555 shares of the financial services provider’s stock valued at $3,478,000 after buying an additional 35,683 shares during the last quarter. CSM Advisors LLC boosted its position in NexPoint Residential Trust by 13.6% in the third quarter. CSM Advisors LLC now owns 168,423 shares of the financial services provider’s stock valued at $5,426,000 after buying an additional 20,227 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in NexPoint Residential Trust by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 2,436,034 shares of the financial services provider’s stock worth $73,325,000 after buying an additional 70,310 shares during the period. Institutional investors and hedge funds own 76.61% of the company’s stock.

NexPoint Residential Trust Stock Performance

Shares of NXRT traded up $0.86 during mid-day trading on Tuesday, reaching $29.33. The company had a trading volume of 55,306 shares, compared to its average volume of 220,756. The stock has a market capitalization of $747.62 million, a P/E ratio of -23.08 and a beta of 1.18. NexPoint Residential Trust, Inc. has a 52-week low of $23.79 and a 52-week high of $35.08. The stock has a 50 day moving average of $28.53 and a two-hundred day moving average of $28.34. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 5.75.

NexPoint Residential Trust (NYSE:NXRT) last announced its quarterly earnings results on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.10. The company had revenue of $63.54 million during the quarter, compared to analysts’ expectations of $63.20 million. NexPoint Residential Trust had a negative return on equity of 10.30% and a negative net margin of 12.67%.NexPoint Residential Trust has set its FY 2026 guidance at 2.570-2.570 EPS. On average, analysts expect that NexPoint Residential Trust, Inc. will post 2.16 earnings per share for the current year.

NexPoint Residential Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $0.53 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 7.2%. NexPoint Residential Trust’s dividend payout ratio (DPR) is presently -166.93%.

Analyst Upgrades and Downgrades

NXRT has been the subject of a number of recent research reports. Weiss Ratings raised shares of NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 4th. Wall Street Zen raised shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Saturday. Zacks Research upgraded shares of NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 4th. Citigroup reissued a “market perform” rating on shares of NexPoint Residential Trust in a report on Tuesday, March 10th. Finally, Truist Financial decreased their target price on shares of NexPoint Residential Trust from $27.00 to $26.00 and set a “hold” rating for the company in a research report on Tuesday, June 30th. Three equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, NexPoint Residential Trust has an average rating of “Reduce” and an average target price of $26.00.

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.