James D. Dondero Acquires 24,828 Shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT) Stock

NexPoint Diversified Real Estate Trust (NYSE:NXDT) insider James D. Dondero acquired 24,828 shares of the firm’s stock in a transaction that occurred on Wednesday, June 26th. The shares were purchased at an average price of 5.10 per share, with a total value of 126,622.80. Following the acquisition, the insider now owns 232,649 shares of the company’s stock, valued at approximately 1,186,509.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

NexPoint Diversified Real Estate Trust Price Performance

Shares of NXDT traded up 0.08 on Thursday, hitting 5.20. The company’s stock had a trading volume of 322,800 shares, compared to its average volume of 139,649. The firm’s fifty day moving average price is 5.56 and its 200-day moving average price is 6.38. NexPoint Diversified Real Estate Trust has a fifty-two week low of 4.67 and a fifty-two week high of 13.07.

NexPoint Diversified Real Estate Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Wednesday, May 15th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 11.54%. The ex-dividend date is Tuesday, May 14th.

Institutional Trading of NexPoint Diversified Real Estate Trust

Hedge funds and other institutional investors have recently made changes to their positions in the business. Baystate Wealth Management LLC bought a new stake in NexPoint Diversified Real Estate Trust in the fourth quarter valued at approximately $36,000. Tower Research Capital LLC TRC increased its holdings in shares of NexPoint Diversified Real Estate Trust by 411.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 9,403 shares of the company’s stock worth $75,000 after acquiring an additional 7,563 shares during the last quarter. BNP Paribas Financial Markets raised its stake in NexPoint Diversified Real Estate Trust by 79.2% in the 1st quarter. BNP Paribas Financial Markets now owns 16,067 shares of the company’s stock valued at $106,000 after acquiring an additional 7,101 shares during the period. SG Americas Securities LLC lifted its holdings in NexPoint Diversified Real Estate Trust by 29.5% during the 4th quarter. SG Americas Securities LLC now owns 17,402 shares of the company’s stock valued at $138,000 after purchasing an additional 3,965 shares during the last quarter. Finally, Jump Financial LLC acquired a new stake in NexPoint Diversified Real Estate Trust during the 4th quarter valued at $174,000.

NexPoint Diversified Real Estate Trust Company 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.