Marshall Wace LLP Takes $568,000 Position in NexPoint Real Estate Finance, Inc. (NYSE:NREF)

Marshall Wace LLP acquired a new position in NexPoint Real Estate Finance, Inc. (NYSE:NREF - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 36,194 shares of the company's stock, valued at approximately $568,000. Marshall Wace LLP owned 0.21% of NexPoint Real Estate Finance as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barclays PLC raised its position in shares of NexPoint Real Estate Finance by 58.3% during the 3rd quarter. Barclays PLC now owns 21,730 shares of the company's stock worth $340,000 after buying an additional 8,002 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in NexPoint Real Estate Finance in the fourth quarter worth approximately $5,208,000. Morey & Quinn Wealth Partners LLC bought a new position in NexPoint Real Estate Finance during the 4th quarter valued at $622,000. JPMorgan Chase & Co. increased its position in shares of NexPoint Real Estate Finance by 77.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,550 shares of the company's stock valued at $102,000 after purchasing an additional 2,854 shares during the period. Finally, Wedbush Securities Inc. raised its stake in shares of NexPoint Real Estate Finance by 10.2% in the 4th quarter. Wedbush Securities Inc. now owns 70,846 shares of the company's stock worth $1,112,000 after buying an additional 6,551 shares in the last quarter. 67.79% of the stock is owned by institutional investors and hedge funds.

NexPoint Real Estate Finance Stock Up 0.1 %

Shares of NREF traded up $0.02 during mid-day trading on Thursday, reaching $14.43. The company's stock had a trading volume of 1,155 shares, compared to its average volume of 42,045. The company has a market cap of $254.60 million, a price-to-earnings ratio of 13.74 and a beta of 1.33. The business has a fifty day moving average of $14.70 and a 200 day moving average of $15.49. The company has a quick ratio of 280.30, a current ratio of 280.30 and a debt-to-equity ratio of 1.71. NexPoint Real Estate Finance, Inc. has a 1 year low of $12.14 and a 1 year high of $18.09.

NexPoint Real Estate Finance (NYSE:NREF - Get Free Report) last posted its quarterly earnings results on Thursday, February 27th. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.02. The company had revenue of $21.69 million during the quarter, compared to analysts' expectations of $11.38 million. As a group, analysts forecast that NexPoint Real Estate Finance, Inc. will post 1.48 earnings per share for the current fiscal year.

NexPoint Real Estate Finance Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, June 13th. This represents a $2.00 annualized dividend and a dividend yield of 13.86%. NexPoint Real Estate Finance's dividend payout ratio is 88.11%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on NREF shares. Keefe, Bruyette & Woods decreased their target price on NexPoint Real Estate Finance from $15.00 to $14.50 and set a "market perform" rating for the company in a research note on Friday, May 2nd. JMP Securities reaffirmed a "market perform" rating on shares of NexPoint Real Estate Finance in a research note on Friday, January 10th.

NexPoint Real Estate Finance Company Profile

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.