UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in NexPoint Residential Trust, Inc. (NYSE:NXRT – Free Report) by 67.5% during the second quarter, HoldingsChannel.com reports. The fund owned 41,520 shares of the financial services provider’s stock after selling 86,054 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in NexPoint Residential Trust were worth $1,159,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently bought and sold shares of NXRT. Allworth Financial LP purchased a new position in NexPoint Residential Trust during the 2nd quarter worth $33,000. PNC Financial Services Group Inc. raised its holdings in shares of NexPoint Residential Trust by 29.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,723 shares of the financial services provider’s stock valued at $43,000 after buying an additional 397 shares during the last quarter. Federation des caisses Desjardins du Quebec raised its holdings in shares of NexPoint Residential Trust by 27.4% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,796 shares of the financial services provider’s stock valued at $54,000 after buying an additional 386 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of NexPoint Residential Trust by 121.1% during the second quarter. Tower Research Capital LLC TRC now owns 2,656 shares of the financial services provider’s stock worth $88,000 after buying an additional 1,455 shares during the period. Finally, IFM Investors Pty Ltd acquired a new stake in shares of NexPoint Residential Trust during the first quarter worth about $90,000. Hedge funds and other institutional investors own 76.61% of the company’s stock.
Wall Street Analysts Forecast Growth
NXRT has been the topic of a number of research reports. Citigroup reissued a “market perform” rating on shares of NexPoint Residential Trust in a report on Thursday, August 20th. Wall Street Zen raised NexPoint Residential Trust from a “sell” rating to a “hold” rating in a research report on Saturday, July 4th. Zacks Research downgraded NexPoint Residential Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Weiss Ratings reiterated a “sell (d+)” rating on shares of NexPoint Residential Trust in a research note on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft set a $23.00 target price on NexPoint Residential Trust in a report on Wednesday. Four analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $24.50.
NexPoint Residential Trust Stock Up 1.1%
NXRT stock opened at $22.85 on Friday. NexPoint Residential Trust, Inc. has a one year low of $22.13 and a one year high of $34.41. The stock has a market capitalization of $583.82 million, a PE ratio of -17.18, a price-to-earnings-growth ratio of 0.59 and a beta of 1.15. 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 fifty day moving average of $25.29 and a 200-day moving average of $26.69.
NexPoint Residential Trust (NYSE:NXRT – Get Free Report) last issued its earnings results on Tuesday, August 4th. The financial services provider reported ($0.34) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.03. NexPoint Residential Trust had a negative net margin of 13.22% and a negative return on equity of 11.75%. The business had revenue of $64.61 million for the quarter, compared to the consensus estimate of $63.78 million. NexPoint Residential Trust has set its FY 2026 guidance at 2.450-2.450 EPS. As a group, analysts expect that NexPoint Residential Trust, Inc. will post 2.25 EPS for the current year.
NexPoint Residential Trust Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a yield of 9.3%. The ex-dividend date of this dividend is Tuesday, September 15th. NexPoint Residential Trust’s payout ratio is currently -159.40%.
NexPoint Residential Trust 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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