Two Sigma Investments LP Decreases Stock Holdings in NexPoint Real Estate Finance, Inc. (NYSE:NREF)

Two Sigma Investments LP decreased its stake in shares of NexPoint Real Estate Finance, Inc. (NYSE:NREF) by 28.5% during the fourth quarter, Holdings Channel reports. The firm owned 13,379 shares of the company’s stock after selling 5,332 shares during the quarter. Two Sigma Investments LP’s holdings in NexPoint Real Estate Finance were worth $210,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in NexPoint Real Estate Finance during the fourth quarter valued at approximately $5,208,000. Millennium Management LLC raised its position in NexPoint Real Estate Finance by 37.6% in the fourth quarter. Millennium Management LLC now owns 200,086 shares of the company’s stock worth $3,139,000 after acquiring an additional 54,693 shares during the period. Wedbush Securities Inc. boosted its stake in shares of NexPoint Real Estate Finance by 10.2% during the 4th quarter. Wedbush Securities Inc. now owns 70,846 shares of the company’s stock worth $1,112,000 after acquiring an additional 6,551 shares during the last quarter. Northern Trust Corp grew its position in shares of NexPoint Real Estate Finance by 2.9% during the 4th quarter. Northern Trust Corp now owns 69,621 shares of the company’s stock valued at $1,092,000 after acquiring an additional 1,948 shares during the period. Finally, Morey & Quinn Wealth Partners LLC bought a new stake in shares of NexPoint Real Estate Finance during the 4th quarter valued at $622,000. Hedge funds and other institutional investors own 67.79% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods decreased their target price on NexPoint Real Estate Finance from $15.00 to $14.50 and set a “market perform” rating on the stock in a report on Friday, May 2nd.

NexPoint Real Estate Finance Stock Up 0.3%

NYSE NREF opened at $15.81 on Friday. NexPoint Real Estate Finance, Inc. has a 52 week low of $12.14 and a 52 week high of $18.09. The company has a quick ratio of 280.30, a current ratio of 280.30 and a debt-to-equity ratio of 1.71. The company has a market capitalization of $280.06 million, a P/E ratio of 15.06 and a beta of 1.21. The stock’s 50-day moving average price is $14.40 and its 200-day moving average price is $15.36.

NexPoint Real Estate Finance Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 12.65%. The ex-dividend date is Friday, June 13th. NexPoint Real Estate Finance’s dividend payout ratio is currently 88.11%.

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 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.