Barclays PLC Boosts Holdings in NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Barclays PLC increased its stake in shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 237.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 45,072 shares of the company’s stock after buying an additional 31,731 shares during the quarter. Barclays PLC’s holdings in NexPoint Diversified Real Estate Trust were worth $281,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Nomura Asset Management Co. Ltd. increased its stake in shares of NexPoint Diversified Real Estate Trust by 33.4% in the third quarter. Nomura Asset Management Co. Ltd. now owns 47,707 shares of the company’s stock worth $298,000 after purchasing an additional 11,934 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of NexPoint Diversified Real Estate Trust in the third quarter valued at approximately $574,000. State Street Corp raised its position in shares of NexPoint Diversified Real Estate Trust by 8.2% in the third quarter. State Street Corp now owns 658,882 shares of the company’s stock valued at $4,118,000 after purchasing an additional 49,772 shares during the period. Stonehill Capital Management LLC raised its position in shares of NexPoint Diversified Real Estate Trust by 1.7% in the third quarter. Stonehill Capital Management LLC now owns 439,796 shares of the company’s stock valued at $2,749,000 after purchasing an additional 7,296 shares during the period. Finally, Quantinno Capital Management LP raised its position in shares of NexPoint Diversified Real Estate Trust by 76.1% in the third quarter. Quantinno Capital Management LP now owns 27,768 shares of the company’s stock valued at $174,000 after purchasing an additional 11,998 shares during the period.

NexPoint Diversified Real Estate Trust Price Performance

NYSE NXDT opened at $6.08 on Monday. The company’s 50 day moving average is $5.89 and its 200-day moving average is $5.87. NexPoint Diversified Real Estate Trust has a 12-month low of $4.67 and a 12-month high of $7.70.

NexPoint Diversified Real Estate Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, November 15th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.60 annualized dividend and a yield of 9.87%.

NexPoint Diversified Real Estate Trust Profile

NexPoint Diversified Real Estate Trust (NXDT) is an externally advised diversified real estate investment trust (REIT), with its shares of common stock and 5.50% Series A Cumulative Preferred Shares listed on the New York Stock Exchange under the symbols NXDT and NXDT-PA, respectively. As a diversified REIT, NXDT's primary investment objective is to provide both current income and capital appreciation.