Copeland Capital Management LLC Sells 53,405 Shares of NexPoint Residential Trust, Inc. $NXRT

Key Points

• Copeland Capital Management trimmed its NexPoint stake by 6.8% (sold 53,405 shares) and now holds 732,005 shares (2.89%), while institutional investors own about 76.61% of the company.
• NexPoint paid a quarterly dividend of $0.53 (annualized $2.12) producing an 8.1% yield, but the dividend payout ratio is negative at -166.93%, indicating payouts exceed reported earnings.
• Analyst sentiment is weak—MarketBeat shows an average rating of "Reduce" (five Holds, two Sells) with an average price target of $34.75 versus a recent share price near $26, and insiders have made modest purchases while owning about 16.63%.

Copeland Capital Management LLC reduced its position in shares of NexPoint Residential Trust, Inc. (NYSE:NXRT - Free Report) by 6.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 732,005 shares of the financial services provider's stock after selling 53,405 shares during the period. Copeland Capital Management LLC owned 2.89% of NexPoint Residential Trust worth $22,033,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the company. Invesco Ltd. lifted its position in shares of NexPoint Residential Trust by 17.3% during the second quarter. Invesco Ltd. now owns 387,299 shares of the financial services provider's stock valued at $12,905,000 after purchasing an additional 57,014 shares in the last quarter. Millennium Management LLC lifted its position in shares of NexPoint Residential Trust by 15.6% during the first quarter. Millennium Management LLC now owns 328,683 shares of the financial services provider's stock valued at $12,993,000 after purchasing an additional 44,391 shares in the last quarter. DigitalBridge Group Inc. bought a new position in shares of NexPoint Residential Trust during the third quarter valued at about $7,443,000. ProShare Advisors LLC lifted its position in shares of NexPoint Residential Trust by 2.5% during the third quarter. ProShare Advisors LLC now owns 183,557 shares of the financial services provider's stock valued at $5,914,000 after purchasing an additional 4,411 shares in the last quarter. Finally, CSM Advisors LLC lifted its position in shares of NexPoint Residential Trust by 13.6% during the third quarter. CSM Advisors LLC now owns 168,423 shares of the financial services provider's stock valued at $5,426,000 after purchasing an additional 20,227 shares in the last quarter. 76.61% of the stock is owned by institutional investors.

NexPoint Residential Trust Stock Up 1.4%

NXRT opened at $26.04 on Friday. The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 5.27. The stock has a market cap of $663.66 million, a price-to-earnings ratio of -20.50 and a beta of 1.18. NexPoint Residential Trust, Inc. has a twelve month low of $23.79 and a twelve month high of $38.93. The company's 50-day moving average price is $26.66 and its two-hundred day moving average price is $29.20.

NexPoint Residential Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were issued a dividend of $0.53 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $2.12 annualized dividend and a yield of 8.1%. NexPoint Residential Trust's dividend payout ratio is -166.93%.

Insider Activity

In other NexPoint Residential Trust news, insider Matt Mcgraner acquired 2,000 shares of the company's stock in a transaction on Friday, March 20th. The shares were acquired at an average cost of $24.37 per share, with a total value of $48,740.00. Following the completion of the acquisition, the insider directly owned 331,334 shares in the company, valued at $8,074,609.58. This trade represents a 0.61% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Paul Richards bought 1,500 shares of NexPoint Residential Trust stock in a transaction dated Thursday, March 19th. The stock was acquired at an average price of $24.81 per share, with a total value of $37,215.00. Following the purchase, the insider directly owned 30,359 shares of the company's stock, valued at approximately $753,206.79. This represents a 5.20% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have acquired 8,700 shares of company stock worth $223,777. Insiders own 16.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on NXRT. Truist Financial dropped their price target on shares of NexPoint Residential Trust from $30.00 to $27.00 and set a "hold" rating on the stock in a research report on Wednesday, March 11th. Zacks Research raised shares of NexPoint Residential Trust from a "strong sell" rating to a "hold" rating in a research report on Friday, January 16th. Raymond James Financial reaffirmed an "underperform" rating on shares of NexPoint Residential Trust in a research report on Friday, February 27th. Citigroup reiterated a "market perform" rating on shares of NexPoint Residential Trust in a research note on Tuesday, March 10th. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of NexPoint Residential Trust in a research note on Tuesday. Five analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Reduce" and an average price target of $34.75.

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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