NexPoint Diversified Real Estate Trust (NYSE:NXDT) Stock Rating Upgraded by Wall Street Zen

NexPoint Diversified Real Estate Trust (NYSE:NXDT) was upgraded by research analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Sunday.

NexPoint Diversified Real Estate Trust Trading Up 3.8%

NYSE:NXDT opened at $4.61 on Friday. NexPoint Diversified Real Estate Trust has a 1 year low of $2.55 and a 1 year high of $5.26. The firm has a 50 day moving average of $4.59 and a 200-day moving average of $3.91.

NexPoint Diversified Real Estate Trust (NYSE:NXDT) last posted its earnings results on Tuesday, March 31st. The company reported ($0.75) earnings per share (EPS) for the quarter. The firm had revenue of $18.40 million for the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of NXDT. UBS Group AG raised its position in NexPoint Diversified Real Estate Trust by 1,192.5% in the 3rd quarter. UBS Group AG now owns 303,173 shares of the company’s stock worth $1,119,000 after purchasing an additional 279,717 shares during the last quarter. Matisse Capital raised its position in NexPoint Diversified Real Estate Trust by 15.2% in the 3rd quarter. Matisse Capital now owns 944,847 shares of the company’s stock worth $3,486,000 after purchasing an additional 124,947 shares during the last quarter. Nexpoint Asset Management L.P. raised its position in NexPoint Diversified Real Estate Trust by 2.5% in the 4th quarter. Nexpoint Asset Management L.P. now owns 5,028,935 shares of the company’s stock worth $19,261,000 after purchasing an additional 123,634 shares during the last quarter. Jane Street Group LLC bought a new position in NexPoint Diversified Real Estate Trust in the 1st quarter worth approximately $421,000. Finally, Charles Schwab Investment Management Inc. raised its position in NexPoint Diversified Real Estate Trust by 33.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 372,444 shares of the company’s stock worth $1,426,000 after purchasing an additional 93,580 shares during the last quarter.

About NexPoint Diversified Real Estate Trust

NexPoint Diversified Real Estate Trust (NYSE: NXDT) is a real estate investment trust focused on building a diversified portfolio of commercial properties across the United States. Since commencing operations through its initial public offering in mid-2021, the company has pursued an opportunistic strategy, targeting value-add and well-located assets in key growth markets. Its investment mandate spans multiple property types, including multifamily residential, office, industrial, retail and hospitality, with an emphasis on generating sustainable income and potential for capital appreciation.

The trust is externally managed by NexPoint Advisors, L.P., a real estate investment firm with a track record of sourcing, underwriting and asset-managing commercial properties.