OVERSEA CHINESE BANKING Corp Ltd Has $2.54 Million Stock Position in NETSTREIT Corp. $NTST

OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of NETSTREIT Corp. (NYSE:NTST) by 49.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 140,422 shares of the company’s stock after buying an additional 46,448 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd owned 0.17% of NETSTREIT worth $2,536,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lasalle Investment Management Securities LLC raised its stake in NETSTREIT by 13.8% during the second quarter. Lasalle Investment Management Securities LLC now owns 3,836,565 shares of the company’s stock worth $64,953,000 after acquiring an additional 464,980 shares in the last quarter. Hudson Bay Capital Management LP increased its position in NETSTREIT by 44.4% during the 2nd quarter. Hudson Bay Capital Management LP now owns 2,807,797 shares of the company’s stock worth $47,536,000 after purchasing an additional 862,766 shares in the last quarter. Alliancebernstein L.P. lifted its stake in NETSTREIT by 10.2% in the 2nd quarter. Alliancebernstein L.P. now owns 2,173,506 shares of the company’s stock valued at $36,797,000 after purchasing an additional 200,700 shares during the last quarter. Tributary Capital Management LLC lifted its stake in NETSTREIT by 92.6% in the 3rd quarter. Tributary Capital Management LLC now owns 1,559,924 shares of the company’s stock valued at $28,172,000 after purchasing an additional 749,811 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. boosted its position in NETSTREIT by 96.2% in the second quarter. Adage Capital Partners GP L.L.C. now owns 1,162,949 shares of the company’s stock valued at $19,689,000 after buying an additional 570,094 shares in the last quarter.

NETSTREIT Trading Up 0.5%

Shares of NTST stock opened at $18.18 on Friday. NETSTREIT Corp. has a 1-year low of $13.74 and a 1-year high of $19.64. The company has a current ratio of 3.85, a quick ratio of 3.85 and a debt-to-equity ratio of 0.84. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of -1,818,200.00, a PEG ratio of 3.65 and a beta of 0.90. The stock has a 50-day moving average of $17.77 and a 200-day moving average of $18.08.

NETSTREIT (NYSE:NTST) last announced its earnings results on Monday, October 27th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.32). NETSTREIT had a net margin of 0.10% and a return on equity of 0.01%. The company had revenue of $48.31 million during the quarter, compared to the consensus estimate of $47.78 million. NETSTREIT has set its FY 2025 guidance at 1.290-1.31 EPS. On average, equities research analysts forecast that NETSTREIT Corp. will post 1.19 earnings per share for the current year.

NETSTREIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, December 1st were paid a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Monday, December 1st.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Stifel Nicolaus upped their price target on shares of NETSTREIT from $20.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Robert W. Baird boosted their price objective on NETSTREIT from $20.00 to $21.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NETSTREIT in a report on Monday, December 29th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $20.00 target price on shares of NETSTREIT in a research report on Monday, January 5th. Finally, Berenberg Bank started coverage on NETSTREIT in a research note on Monday, October 13th. They set a “buy” rating and a $22.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, NETSTREIT presently has an average rating of “Moderate Buy” and a consensus price target of $20.36.

NETSTREIT Company Profile

NetSTREIT Corp. is a real estate investment trust that specializes in the acquisition and management of single‐tenant, net lease retail properties across the United States. The company targets assets leased to investment‐grade or creditworthy tenants under long‐term, triple‐net leases, which generally shift property‐level expenses—such as taxes, insurance and maintenance—to the tenant. This business model is designed to generate predictable, stable income streams and to limit landlord responsibilities.

NetSTREIT’s portfolio encompasses a diversified mix of essential retail and service properties, including quick‐service restaurants, convenience stores, banks, automotive service centers and medical clinics.