Paralel Advisors LLC Makes New $2.01 Million Investment in NexPoint Residential Trust, Inc. $NXRT

Paralel Advisors LLC acquired a new position in NexPoint Residential Trust, Inc. (NYSE:NXRT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 72,082 shares of the financial services provider’s stock, valued at approximately $2,013,000.

A number of other hedge funds have also made changes to their positions in NXRT. Royal Bank of Canada lifted its holdings in shares of NexPoint Residential Trust by 5.7% during the 1st quarter. Royal Bank of Canada now owns 54,612 shares of the financial services provider’s stock valued at $2,159,000 after acquiring an additional 2,942 shares in the last quarter. Jacobs Levy Equity Management Inc. purchased a new stake in NexPoint Residential Trust during the 1st quarter worth $341,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in NexPoint Residential Trust by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,281 shares of the financial services provider’s stock worth $525,000 after purchasing an additional 573 shares during the period. Millennium Management LLC increased its holdings in NexPoint Residential Trust by 15.6% in the 1st quarter. Millennium Management LLC now owns 328,683 shares of the financial services provider’s stock valued at $12,993,000 after purchasing an additional 44,391 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in NexPoint Residential Trust by 5.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 132,034 shares of the financial services provider’s stock valued at $5,219,000 after purchasing an additional 7,217 shares in the last quarter. Hedge funds and other institutional investors own 76.61% of the company’s stock.

NexPoint Residential Trust Price Performance

NXRT opened at $24.28 on Friday. NexPoint Residential Trust, Inc. has a twelve month low of $23.47 and a twelve month high of $34.87. The firm has a market cap of $620.35 million, a price-to-earnings ratio of -18.26 and a beta of 1.18. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 6.41. The company has a fifty day simple moving average of $26.57 and a 200 day simple moving average of $27.39.

NexPoint Residential Trust (NYSE:NXRT) last issued its quarterly earnings data on Tuesday, August 4th. The financial services provider reported ($0.34) EPS for the quarter, topping analysts’ consensus estimates of ($0.37) by $0.03. The firm had revenue of $64.61 million for the quarter, compared to analyst estimates 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. Equities research analysts expect that NexPoint Residential Trust, Inc. will post 2.38 EPS for the current fiscal year.

NexPoint Residential Trust Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.53 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a yield of 8.7%. NexPoint Residential Trust’s dividend payout ratio is currently -159.40%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NXRT. Citigroup restated a “market perform” rating on shares of NexPoint Residential Trust in a research note on Thursday. Deutsche Bank Aktiengesellschaft set a $18.00 target price on NexPoint Residential Trust in a research note on Monday, July 20th. Wall Street Zen upgraded NexPoint Residential Trust from a “sell” rating to a “hold” rating in a report on Saturday, July 4th. Zacks Research raised NexPoint Residential Trust from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 27th. Finally, Citizens Jmp restated a “market perform” rating on shares of NexPoint Residential Trust in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, NexPoint Residential Trust presently has an average rating of “Hold” and a consensus price target of $22.00.

About NexPoint Residential Trust

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.