Insider Buying: NexPoint Residential Trust (NYSE:NXRT) Insider Acquires $26,140.00 in Stock

NexPoint Residential Trust, Inc. (NYSE:NXRT) insider Matt Mcgraner acquired 1,000 shares of NexPoint Residential Trust stock in a transaction dated Wednesday, March 11th. The shares were purchased at an average price of $26.14 per share, for a total transaction of $26,140.00. Following the completion of the transaction, the insider directly owned 316,821 shares in the company, valued at approximately $8,281,700.94. The trade was a 0.32% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Matt Mcgraner also recently made the following trade(s):

• On Monday, March 9th, Matt Mcgraner acquired 1,000 shares of NexPoint Residential Trust stock. The shares were purchased at an average cost of $26.39 per share, for a total transaction of $26,390.00.
• On Thursday, March 5th, Matt Mcgraner bought 1,000 shares of NexPoint Residential Trust stock. The stock was purchased at an average price of $27.79 per share, with a total value of $27,790.00.

NexPoint Residential Trust Stock Down 2.5%

Shares of NXRT opened at $25.72 on Monday. NexPoint Residential Trust, Inc. has a 1 year low of $25.47 and a 1 year high of $40.78. The company has a debt-to-equity ratio of 5.27, a current ratio of 2.27 and a quick ratio of 2.27. The stock has a 50 day simple moving average of $29.59 and a two-hundred day simple moving average of $30.69. The firm has a market cap of $653.44 million, a P/E ratio of -20.25 and a beta of 1.19.

NexPoint Residential Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a $0.53 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 8.2%. NexPoint Residential Trust’s dividend payout ratio is -166.93%.

Wall Street Analyst Weigh In

NXRT has been the subject of several analyst reports. Raymond James Financial restated an “underperform” rating on shares of NexPoint Residential Trust in a research report on Friday, February 27th. Weiss Ratings reissued a “sell (d)” rating on shares of NexPoint Residential Trust in a research note on Thursday, January 22nd. Truist Financial dropped their target price on NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating for the company in a report on Wednesday. Wall Street Zen lowered NexPoint Residential Trust from a “hold” rating to a “sell” rating in a research report on Saturday, February 28th. Finally, Zacks Research raised NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a research note on Friday, January 16th. Five investment 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 currently has a consensus rating of “Reduce” and a consensus price target of $37.83.

Institutional Investors Weigh In On NexPoint Residential Trust

Large investors have recently added to or reduced their stakes in the company. Strs Ohio raised its stake in shares of NexPoint Residential Trust by 202.8% during the third quarter. Strs Ohio now owns 118,400 shares of the financial services provider’s stock valued at $3,815,000 after acquiring an additional 79,300 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of NexPoint Residential Trust in the second quarter worth about $264,000. Geode Capital Management LLC grew its stake in shares of NexPoint Residential Trust by 0.4% in the second quarter. Geode Capital Management LLC now owns 581,094 shares of the financial services provider’s stock worth $19,363,000 after purchasing an additional 2,277 shares during the last quarter. Inceptionr LLC purchased a new position in NexPoint Residential Trust during the 2nd quarter valued at about $333,000. Finally, Hsbc Holdings PLC increased its holdings in NexPoint Residential Trust by 57.5% during the 2nd quarter. Hsbc Holdings PLC now owns 68,456 shares of the financial services provider’s stock valued at $2,268,000 after purchasing an additional 24,998 shares during the period. Institutional investors own 76.61% of the company’s stock.

About NexPoint Residential Trust

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.