Marnell Management LLC Purchases Shares of 173,438 NexPoint Residential Trust, Inc. $NXRT

Marnell Management LLC purchased a new stake in shares of NexPoint Residential Trust, Inc. (NYSE:NXRTFree Report) during the fourth quarter, Holdings Channel.com reports. The firm purchased 173,438 shares of the financial services provider’s stock, valued at approximately $5,220,000. NexPoint Residential Trust comprises about 2.5% of Marnell Management LLC’s holdings, making the stock its 8th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Graybill Wealth Management LTD. grew its position in NexPoint Residential Trust by 2.2% during the fourth quarter. Graybill Wealth Management LTD. now owns 76,214 shares of the financial services provider’s stock valued at $2,294,000 after acquiring an additional 1,676 shares during the last quarter. Barclays PLC grew its position in NexPoint Residential Trust by 6.2% during the fourth quarter. Barclays PLC now owns 148,501 shares of the financial services provider’s stock valued at $4,470,000 after acquiring an additional 8,615 shares during the last quarter. Kestra Advisory Services LLC bought a new position in NexPoint Residential Trust during the fourth quarter valued at approximately $118,000. Long Pond Capital LP grew its position in NexPoint Residential Trust by 54.9% during the fourth quarter. Long Pond Capital LP now owns 842,870 shares of the financial services provider’s stock valued at $25,370,000 after acquiring an additional 298,781 shares during the last quarter. Finally, Marshall Wace LLP bought a new position in NexPoint Residential Trust during the fourth quarter valued at approximately $257,000. 76.61% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other NexPoint Residential Trust news, insider Paul Richards purchased 1,500 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was bought at an average price of $24.81 per share, with a total value of $37,215.00. Following the completion of the purchase, the insider directly owned 30,359 shares of the company’s stock, valued at $753,206.79. The trade was a 5.20% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Matt Mcgraner purchased 2,000 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was acquired at an average cost of $24.37 per share, with a total value of $48,740.00. Following the purchase, the insider directly owned 331,334 shares of the company’s stock, valued at $8,074,609.58. This trade represents a 0.61% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have bought 3,700 shares of company stock valued at $90,777. Insiders own 16.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on NXRT. Raymond James Financial reiterated an “underperform” rating on shares of NexPoint Residential Trust in a research report on Friday, February 27th. Wall Street Zen cut shares of NexPoint Residential Trust from a “hold” rating to a “sell” rating in a research report on Sunday, May 31st. Zacks Research upgraded shares of NexPoint Residential Trust from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 4th. Weiss Ratings raised NexPoint Residential Trust from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Finally, Truist Financial dropped their price objective on NexPoint Residential Trust from $30.00 to $27.00 and set a “hold” rating for the company in a research note on Wednesday, March 11th. Three analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $27.00.

Read Our Latest Stock Report on NXRT

NexPoint Residential Trust Stock Performance

NYSE:NXRT opened at $28.64 on Monday. The firm has a market cap of $729.91 million, a PE ratio of -22.55 and a beta of 1.19. NexPoint Residential Trust, Inc. has a fifty-two week low of $23.79 and a fifty-two week high of $35.08. The company has a debt-to-equity ratio of 5.75, a quick ratio of 2.40 and a current ratio of 2.40. The business has a 50 day moving average price of $27.90 and a 200-day moving average price of $28.65.

NexPoint Residential Trust (NYSE:NXRTGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The financial services provider reported ($0.27) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.10. The firm had revenue of $63.54 million during the quarter, compared to analyst estimates of $63.20 million. NexPoint Residential Trust had a negative return on equity of 10.30% and a negative net margin of 12.67%.NexPoint Residential Trust has set its FY 2026 guidance at 2.570-2.570 EPS. Equities research analysts predict that NexPoint Residential Trust, Inc. will post 2.16 earnings per share for the current year.

NexPoint Residential Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.53 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date of this dividend is Monday, June 15th. NexPoint Residential Trust’s dividend payout ratio is -166.93%.

NexPoint Residential Trust Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for NexPoint Residential Trust (NYSE:NXRT)

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