Corient Private Wealth LLC Reduces Holdings in NexPoint Real Estate Finance, Inc.

Corient Private Wealth LLC has reduced its ownership in NexPoint Real Estate Finance, Inc. (NYSE:NREF) by 25.5% during the fourth quarter, according to reports from Holdings Channel.com. After selling 4,217 shares, the firm now holds a total of 12,343 shares in the company, valued at approximately $194,000 based on their most recent filing with the Securities and Exchange Commission.

Additionally, several other investors have made notable changes to their positions in NexPoint Real Estate Finance. For instance, Raymond James Financial Inc. has taken a new position in the company, investing around $5,208,000 during the fourth quarter. Charles Schwab Investment Management Inc. increased its holdings by 8.2%, now owning 26,308 shares worth $413,000 after acquiring another 1,986 shares. Similarly, Navis Wealth Advisors LLC enhanced its stake by 61.0%, accumulating a total of 17,162 shares valued at $269,000 after acquiring an additional 6,502 shares during the same period. Moreover, JPMorgan Chase & Co. boosted its holdings by 77.2%, controlling 6,550 shares worth $102,000 following the acquisition of 2,854 shares. Finally, Copley Financial Group Inc. has also initiated a new investment in NexPoint Real Estate Finance worth about $104,000. Institutional investors now account for approximately 67.79% of the company's stock.

Analyst Ratings and Price Targets

NexPoint Real Estate Finance has recently been analyzed by various financial research firms. Keefe, Bruyette & Woods raised their price target on NexPoint shares from $15.50 to $16.00, maintaining a "market perform" rating as of March 3rd. JMP Securities also reiterated a "market perform" rating in their report on January 10th.

Stock Performance Overview

On recent trading days, NexPoint Real Estate Finance (NYSE:NREF) opened at $14.91. The company has reported a debt-to-equity ratio of 1.71 and both a quick and current ratio of 280.30. Over the past year, NREF shares have fluctuated, with a 52-week low of $12.63 and a high of $18.09. The firm’s market capitalization stands at around $260.34 million, with a price-to-earnings (P/E) ratio of 14.20 and a beta value of 1.63. The fifty-day moving average is noted as $15.69, while the 200-day moving average is $15.81.

NexPoint Real Estate Finance recently announced its quarterly earnings on February 27th, reporting earnings per share (EPS) of $0.79, which surpassed the consensus estimate of $0.77 by $0.02. The company generated revenue of $21.69 million during the quarter, significantly higher than analysts' expectations of $11.38 million. Current forecasts predict that NexPoint Real Estate Finance, Inc. will post an EPS of 1.48 for the ongoing fiscal year.

Dividend Announcement

The company has also declared a quarterly dividend of $0.50, which was paid on March 31st to investors who were on record as of March 14th. The ex-dividend date was also March 14th. This amounts to an annualized dividend of $2.00, yielding about 13.41%. Notably, NexPoint Real Estate Finance has a high dividend payout ratio of 270.27%.

Company Overview

NexPoint Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States. The company concentrates on originating and investing in first-lien mortgage loans, mezzanine loans, preferred equity, convertible notes, and various equity investments, among other securities.

Corient, NexPoint, Investors