CM Wealth Advisors LLC Makes Surprise Acquisition of Position in NexPoint Residential Trust, Inc
July 28, 2023
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NEXPOINT ($NYSE:NXRT): CM Wealth Advisors LLC recently made headlines when they unexpectedly acquired a stake in NexPoint Residential Trust, Inc. (NXRT), a publicly traded real estate investment trust (REIT) that primarily focuses on acquiring, owning, and operating multifamily properties in the United States. The acquisition was made with the intent to increase the company’s exposure to the growing multifamily real estate sector. NXRT acquires, owns and operates multifamily properties located in various regions of the United States. The company also has investments in apartment communities, student housing properties, and mixed-used projects.
This acquisition is a positive sign of CM Wealth Advisors LLC’s confidence in the strength of the multifamily market and its ability to generate returns. It also highlights the company’s willingness to diversify its portfolio and invest in a growing sector. This move by CM Wealth Advisors LLC demonstrates its commitment to long-term growth and its efforts to maximize returns for its clients.
Market Price
CM Wealth Advisors LLC made a surprise acquisition of a position in NexPoint Residential Trust, Inc (NYSE: NXRT) on Monday. The stock opened at $47.7 and closed at $47.6, which was a slight increase from the prior closing price of $47.5. The acquisition by CM Wealth Advisors was a significant one, as the firm is known for their long-term investments. The firm has established an impressive track record when it comes to investing in real estate investment trusts (REITs), so investors are eager to see what the impact of their positioning in NexPoint Residential Trust will be. The acquisition is likely to be welcomed by shareholders and the market as a whole.
It signals that CM Wealth Advisors is confident in the future of the company and believes that the trust is well-positioned to provide solid returns for its investors. With their experience in real estate investing, their opinion carries a lot of weight and could influence other investors who are considering taking a position in NexPoint Residential Trust. Investors will be watching closely to see how the trust performs in the coming months and years as CM Wealth Advisors’ involvement could be indicative of positive returns in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for NXRT. More…
| Total Revenues | Net Income | Net Margin |
| 272.75 | -4.65 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for NXRT. More…
| Operations | Investing | Financing |
| 98.34 | -162.3 | 46.31 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for NXRT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.21k | 1.71k | 19.03 |
Key Ratios Snapshot
Some of the financial key ratios for NXRT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 16.5% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we have conducted a detailed analysis of NEXPOINT RESIDENTIAL TRUST’s financials. Our Risk Rating indicates that NEXPOINT RESIDENTIAL TRUST is a low risk investment in terms of both financial and business aspects. However, we have discovered two risk warnings hidden within the balance sheet and financial journal. To be able to access these warnings, you must become a registered user on our platform. Once registered, you will be able to see what potential risks may be associated with making an investment in NEXPOINT RESIDENTIAL TRUST. More…
Peers
The company is headquartered in Dallas, Texas and was founded in 2010. NexPoint Residential Trust Inc. has a portfolio of over 26,000 units across the United States. The company’s competitors include Bluerock Residential Growth REIT Inc, Maxus Realty Trust Inc, American Homes 4 Rent.
– Bluerock Residential Growth REIT Inc ($OTCPK:MRTI)
Maxus Realty Trust Inc is a real estate investment trust that primarily focuses on the ownership and operation of shopping centers. As of 2022, the company’s market cap totaled 11.88 million and its ROE was 11.97%. The company’s portfolio consists of properties located across the United States.
– Maxus Realty Trust Inc ($NYSE:AMH)
American Homes 4 Rent is an American real estate investment trust that invests in, acquires, and manages single-family rental properties. As of December 31, 2020, the company owned 53,545 homes in 26 states.
American Homes 4 Rent has a market cap of $11.04 billion as of 2022. The company is involved in the acquisition, renovation, leasing, and management of single-family properties.
Summary
NexPoint Residential Trust, Inc. is a publicly traded real estate investment trust (REIT) that invests in a diversified portfolio of rental housing assets. CM Wealth Advisors LLC recently made an investment in the company, demonstrating the potential of this REIT for investors. According to analysis, NexPoint’s portfolio is well diversified and is positioned for long-term growth.
Its properties are strategically located in some of the country’s most desirable markets and its portfolio offers exposure to a variety of markets and asset classes. Investment experts believe that NexPoint is well-positioned to deliver strong returns to shareholders over the long term.
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