4,253,149 Shares in NexPoint Residential Trust, Inc. $NXRT Purchased by BlackRock Inc.

Key Points

• BlackRock acquired 4.25 million shares of NexPoint Residential Trust during the second quarter, valued at approximately $118.7 million, giving it a 16.69% stake. Institutional investors collectively own 76.61% of the company.
• Analyst sentiment remains cautious: NXRT has an average “Reduce” rating, with four Hold ratings and two Sell ratings and an average price target of $22, below its reported $23.62 share price.
• NexPoint reported better-than-expected quarterly results, but remained unprofitable, posting a $0.34 loss per share and a negative net margin. The company declared a quarterly dividend of $0.53, equivalent to a 9.0% annualized yield.

BlackRock Inc. acquired a new stake in NexPoint Residential Trust, Inc. (NYSE:NXRT - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,253,149 shares of the financial services provider's stock, valued at approximately $118,748,000. BlackRock Inc. owned 16.69% of NexPoint Residential Trust at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in NexPoint Residential Trust by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 2,436,034 shares of the financial services provider's stock worth $73,325,000 after purchasing an additional 70,310 shares in the last quarter. State Street Corp grew its stake in shares of NexPoint Residential Trust by 1.0% in the fourth quarter. State Street Corp now owns 1,298,438 shares of the financial services provider's stock valued at $39,083,000 after buying an additional 12,424 shares in the last quarter. Starwood Capital Group Management L.L.C. raised its holdings in shares of NexPoint Residential Trust by 19.1% in the 4th quarter. Starwood Capital Group Management L.L.C. now owns 989,419 shares of the financial services provider's stock valued at $29,782,000 after buying an additional 158,750 shares during the period. Long Pond Capital LP raised its holdings in shares of NexPoint Residential Trust by 54.9% in the 4th quarter. Long Pond Capital LP now owns 842,870 shares of the financial services provider's stock valued at $25,370,000 after buying an additional 298,781 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in NexPoint Residential Trust by 49.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 827,052 shares of the financial services provider's stock worth $24,894,000 after acquiring an additional 272,391 shares in the last quarter. Institutional investors and hedge funds own 76.61% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on NXRT. Citigroup restated a "market perform" rating on shares of NexPoint Residential Trust in a report on Thursday, August 20th. Zacks Research cut shares of NexPoint Residential Trust from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 25th. Truist Financial reduced their price target on shares of NexPoint Residential Trust from $27.00 to $26.00 and set a "hold" rating on the stock in a research report on Tuesday, June 30th. Weiss Ratings reissued a "sell (d+)" rating on shares of NexPoint Residential Trust in a research note on Friday, July 31st. Finally, Wall Street Zen upgraded shares of NexPoint Residential Trust from a "sell" rating to a "hold" rating in a report on Saturday, July 4th. Four equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Reduce" and an average price target of $22.00.

NexPoint Residential Trust Stock Up 0.5%

Shares of NexPoint Residential Trust stock opened at $23.62 on Friday. The company has a debt-to-equity ratio of 6.41, a quick ratio of 1.92 and a current ratio of 1.92. The company has a market cap of $603.49 million, a P/E ratio of -17.76 and a beta of 1.18. NexPoint Residential Trust, Inc. has a one year low of $23.47 and a one year high of $34.87. The firm has a fifty day moving average of $26.21 and a two-hundred day moving average of $27.16.

NexPoint Residential Trust (NYSE:NXRT - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share for the quarter, topping analysts' consensus estimates of ($0.37) by $0.03. The business had revenue of $64.61 million for the quarter, compared to analysts' expectations of $63.78 million. NexPoint Residential Trust had a negative net margin of 13.22% and a negative return on equity of 11.75%. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. On average, analysts forecast that NexPoint Residential Trust, Inc. will post 2.38 earnings per share for the current year.

NexPoint Residential Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.53 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 9.0%. NexPoint Residential Trust's dividend payout ratio (DPR) is presently -159.40%.

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.

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