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

Nomura Asset Management Co. Ltd. raised its holdings in NexPoint Diversified Real Estate Trust (NYSE:NXDT) by 33.4% during the third quarter, Holdings Channel.com reports. The fund owned 47,707 shares of the company’s stock after purchasing an additional 11,934 shares during the period. 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.

A number of other institutional investors have also recently bought and sold shares of the business. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in shares of NexPoint Diversified Real Estate Trust by 6.0% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 35,238 shares of the company’s stock valued at $195,000 after purchasing an additional 1,982 shares during the period. FMR LLC increased its holdings in NexPoint Diversified Real Estate Trust by 15.6% in the third quarter. FMR LLC now owns 16,627 shares of the company’s stock valued at $104,000 after purchasing an additional 2,250 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in NexPoint Diversified Real Estate Trust by 24.2% in the second 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. Stonehill Capital Management LLC lifted its stake in 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 buying an additional 7,296 shares during the period. Finally, First Foundation Advisors boosted its holdings in NexPoint Diversified Real Estate Trust by 20.6% during the second quarter. First Foundation Advisors now owns 50,336 shares of the company’s stock worth $278,000 after buying an additional 8,614 shares during the last quarter.

NexPoint Diversified Real Estate Trust Stock Up 1.6 %

Shares of NXDT stock opened at 5.77 on Monday. The stock has a 50-day moving average of 5.68 and a 200-day moving average of 5.71. NexPoint Diversified Real Estate Trust has a one year low of 4.67 and a one year high of 9.06.

NexPoint Diversified Real Estate Trust Dividend Announcement

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

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.