Atria Wealth Solutions Inc. Makes New $241,000 Investment in NexPoint Real Estate Finance, Inc. (NYSE:NREF)

Atria Wealth Solutions Inc. purchased a new position in NexPoint Real Estate Finance, Inc. (NYSE:NREF) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,362 shares of the company’s stock, valued at approximately $241,000. Atria Wealth Solutions Inc. owned approximately 0.09% of NexPoint Real Estate Finance as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. LPL Financial LLC grew its stake in shares of NexPoint Real Estate Finance by 6.7% in the fourth quarter. LPL Financial LLC now owns 12,760 shares of the company’s stock worth $203,000 after purchasing an additional 796 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in NexPoint Real Estate Finance by 110.1% during the third quarter. Tower Research Capital LLC TRC now owns 2,120 shares of the company’s stock valued at $31,000 after buying an additional 1,111 shares in the last quarter. Deutsche Bank AG boosted its stake in NexPoint Real Estate Finance by 48.3% during the first quarter. Deutsche Bank AG now owns 4,811 shares of the company’s stock valued at $75,000 after buying an additional 1,567 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in NexPoint Real Estate Finance by 35.2% during the first quarter. JPMorgan Chase & Co. now owns 6,175 shares of the company’s stock valued at $96,000 after buying an additional 1,607 shares in the last quarter. Finally, Barclays PLC raised its stake in shares of NexPoint Real Estate Finance by 92.4% during the 1st quarter. Barclays PLC now owns 4,152 shares of the company’s stock worth $65,000 after purchasing an additional 1,994 shares in the last quarter. Institutional investors own 68.25% of the company’s stock.

Analyst Ratings Changes

Separately, Raymond James raised their price objective on NexPoint Real Estate Finance from $17.50 to $19.00 and gave the company a “strong-buy” rating in a research note on Tuesday, August 1st.

NexPoint Real Estate Finance Stock Performance

Shares of NYSE NREF opened at $16.53 on Tuesday. The company has a market cap of $284.81 million, a P/E ratio of 551.00 and a beta of 1.69. The company has a quick ratio of 501.62, a current ratio of 501.62 and a debt-to-equity ratio of 2.46. NexPoint Real Estate Finance, Inc. has a 12 month low of $12.53 and a 12 month high of $19.95. The business’s 50 day moving average is $16.76 and its two-hundred day moving average is $15.49.

NexPoint Real Estate Finance Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a dividend of $0.685 per share. This represents a $2.74 dividend on an annualized basis and a dividend yield of 16.58%. The ex-dividend date of this dividend is Thursday, September 14th. NexPoint Real Estate Finance’s dividend payout ratio is presently 6,666.67%.

About NexPoint Real Estate Finance

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 stock, as well as multifamily commercial mortgage-backed securities securitizations, multifamily structured credit risk notes, and mortgage-backed securities.