Nomura Asset Management Co. Ltd. Buys 11,934 Shares of NexPoint Diversified Real Estate Trust (NYSE:NXDT)

Nomura Asset Management Co. Ltd. boosted its stake in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 33.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,707 shares of the company’s stock after buying an additional 11,934 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in NexPoint Diversified Real Estate Trust were worth $298,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in shares of NexPoint Diversified Real Estate Trust during the third quarter worth approximately $71,000. FMR LLC increased its holdings in NexPoint Diversified Real Estate Trust by 15.6% during the 3rd quarter. FMR LLC now owns 16,627 shares of the company’s stock valued at $104,000 after purchasing an additional 2,250 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in NexPoint Diversified Real Estate Trust by 24.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,733 shares of the company’s stock valued at $93,000 after purchasing an additional 3,258 shares during the last quarter. Leonard Rickey Investment Advisors P.L.L.C. acquired a new position in NexPoint Diversified Real Estate Trust in the second quarter worth $105,000. Finally, Sovereign Financial Group Inc. bought a new stake in shares of NexPoint Diversified Real Estate Trust during the third quarter worth $131,000.

NexPoint Diversified Real Estate Trust Stock Performance

Shares of NYSE:NXDT opened at 5.77 on Monday. The business has a fifty day moving average of 5.68 and a 200-day moving average of 5.71. NexPoint Diversified Real Estate Trust has a twelve month low of 4.67 and a twelve month high of 9.06.

NexPoint Diversified Real Estate Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, November 15th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 10.40%. The ex-dividend date is Friday, November 15th.

About NexPoint Diversified Real Estate Trust

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.