Public Employees Retirement System of Ohio purchased a new position in NexPoint Residential Trust, Inc. (NYSE:NXRT – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,756 shares of the financial services provider’s stock, valued at approximately $998,000. Public Employees Retirement System of Ohio owned approximately 0.14% of NexPoint Residential Trust as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. UBS Group AG raised its stake in NexPoint Residential Trust by 44.7% during the 4th quarter. UBS Group AG now owns 115,555 shares of the financial services provider’s stock worth $3,478,000 after acquiring an additional 35,683 shares during the period. Vanguard Group Inc. increased its stake in shares of NexPoint Residential Trust by 3.0% in 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. Paralel Advisors LLC purchased a new stake in shares of NexPoint Residential Trust in the second quarter worth $2,013,000. Bank of New York Mellon Corp bought a new stake in shares of NexPoint Residential Trust during the 2nd quarter valued at $4,002,000. Finally, Marnell Management LLC purchased a new position in shares of NexPoint Residential Trust during the 4th quarter valued at $5,220,000. Institutional investors own 76.61% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently weighed in on the stock. Wall Street Zen raised shares of NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Truist Financial lowered their price objective on 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. Deutsche Bank Aktiengesellschaft set a $18.00 price objective on NexPoint Residential Trust in a research report on Monday, July 20th. Zacks Research cut NexPoint Residential Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of NexPoint Residential Trust in a research note on Friday, July 31st. Four equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $22.00.
NexPoint Residential Trust Stock Performance
NXRT opened at $23.29 on Wednesday. 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 stock has a market capitalization of $595.06 million, a price-to-earnings ratio of -17.51 and a beta of 1.15. The company has a fifty day moving average of $25.64 and a 200 day moving average of $26.81. NexPoint Residential Trust, Inc. has a fifty-two week low of $23.10 and a fifty-two week high of $34.47.
NexPoint Residential Trust (NYSE:NXRT – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) EPS for the quarter, topping the consensus estimate 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. As a group, sell-side analysts forecast that NexPoint Residential Trust, Inc. will post 2.38 earnings per share for the current fiscal year.
NexPoint Residential Trust Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 9.1%. The ex-dividend date is Tuesday, September 15th. NexPoint Residential Trust’s dividend payout ratio (DPR) is currently -159.40%.
NexPoint Residential Trust Company Profile
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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