NexPoint Diversified Real Estate Trust (NYSE:NXDT – Get Rating) insider James D. Dondero purchased 118,673 shares of NexPoint Diversified Real Estate Trust stock in a transaction on Monday, November 28th. The stock was purchased at an average price of 13.83 per share, for a total transaction of 1,641,247.59. Following the completion of the transaction, the insider now owns 1,825,479 shares of the company's stock, valued at 25,246,374.57. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
NexPoint Diversified Real Estate Trust Stock Performance
NYSE:NXDT opened at 13.89 on Friday. NexPoint Diversified Real Estate Trust has a 12 month low of 11.06 and a 12 month high of 17.93. The company's 50-day moving average price is 12.86 and its two-hundred day moving average price is 14.68.
Get NexPoint Diversified Real Estate Trust alerts:NexPoint Diversified Real Estate Trust Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Thursday, December 15th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, December 14th. This represents a $0.60 dividend on an annualized basis and a yield of 4.32%.
Hedge Funds Weigh In On NexPoint Diversified Real Estate Trust
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC acquired a new position in shares of NexPoint Diversified Real Estate Trust during the second quarter worth approximately $25,000. Tower Research Capital LLC TRC acquired a new position in shares of NexPoint Diversified Real Estate Trust during the third quarter worth approximately $25,000. SeaCrest Wealth Management LLC acquired a new position in shares of NexPoint Diversified Real Estate Trust during the second quarter worth approximately $28,000. PenderFund Capital Management Ltd. acquired a new position in shares of NexPoint Diversified Real Estate Trust during the third quarter worth approximately $38,000. Finally, SMH Capital Advisors Inc. acquired a new position in shares of NexPoint Diversified Real Estate Trust during the second quarter worth approximately $142,000.NexPoint Diversified Real Estate Trust Company Profile
(Get Rating)
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.
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