SG Americas Securities LLC Has $138,000 Holdings in NexPoint Diversified Real Estate Trust (NYSE:NXDT)

SG Americas Securities LLC raised its stake in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 29.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,402 shares of the company’s stock after acquiring an additional 3,965 shares during the quarter. SG Americas Securities LLC’s holdings in NexPoint Diversified Real Estate Trust were worth $138,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. BlackRock Inc. grew its position in shares of NexPoint Diversified Real Estate Trust by 0.3% during the 1st quarter. BlackRock Inc. now owns 435,981 shares of the company’s stock worth $4,525,000 after buying an additional 1,258 shares during the period. Northern Trust Corp grew its position in shares of NexPoint Diversified Real Estate Trust by 0.7% during the 3rd quarter. Northern Trust Corp now owns 251,356 shares of the company’s stock worth $2,189,000 after buying an additional 1,702 shares during the period. SMH Capital Advisors Inc. grew its position in shares of NexPoint Diversified Real Estate Trust by 2.8% during the 4th quarter. SMH Capital Advisors Inc. now owns 63,669 shares of the company’s stock worth $714,000 after buying an additional 1,759 shares during the period. Tower Research Capital LLC TRC acquired a new stake in shares of NexPoint Diversified Real Estate Trust during the 3rd quarter worth approximately $25,000. Finally, Wells Fargo & Company MN grew its position in shares of NexPoint Diversified Real Estate Trust by 5.0% during the 2nd quarter. Wells Fargo & Company MN now owns 46,029 shares of the company’s stock worth $576,000 after buying an additional 2,181 shares during the period.

NexPoint Diversified Real Estate Trust Trading Down 3.8 %

Shares of NYSE:NXDT opened at 6.14 on Wednesday. NexPoint Diversified Real Estate Trust has a one year low of 5.82 and a one year high of 13.07. The company has a 50 day moving average of 6.37 and a 200-day moving average of 7.32.

NexPoint Diversified Real Estate Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, February 16th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 9.77%.

Insider Activity

In other NexPoint Diversified Real Estate Trust news, Director Arthur B. Laffer purchased 20,000 shares of the company’s stock in a transaction dated Monday, April 8th. The stock was purchased at an average price of 6.12 per share, for a total transaction of 122,400.00. Following the transaction, the director now owns 68,276 shares in the company, valued at approximately 417,849.12. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

NexPoint Diversified Real Estate Trust 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.