Hsbc Holdings PLC raised its holdings in shares of NETSTREIT Corp. (NYSE:NTST – Free Report) by 46.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 336,757 shares of the company’s stock after buying an additional 106,075 shares during the period. Hsbc Holdings PLC’s holdings in NETSTREIT were worth $6,411,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of NTST. Loomis Sayles & Co. L P lifted its stake in shares of NETSTREIT by 959.0% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock valued at $26,000 after acquiring an additional 1,333 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in NETSTREIT by 1,123.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock worth $30,000 after acquiring an additional 1,640 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in NETSTREIT by 36.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock worth $43,000 after purchasing an additional 650 shares during the period. Kestra Advisory Services LLC purchased a new position in NETSTREIT in the 4th quarter worth approximately $44,000. Finally, Inspire Investing LLC bought a new stake in NETSTREIT in the fourth quarter valued at approximately $45,000.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the company. Jefferies Financial Group assumed coverage on NETSTREIT in a research note on Monday, June 1st. They set a “buy” rating and a $23.00 price objective for the company. BMO Capital Markets upped their price target on shares of NETSTREIT from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Monday. BTIG Research increased their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Citigroup reissued a “neutral” rating on shares of NETSTREIT in a report on Friday, April 24th. Finally, Stifel Nicolaus boosted their price objective on shares of NETSTREIT from $22.25 to $23.50 and gave the company a “buy” rating in a research report on Thursday. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, NETSTREIT presently has an average rating of “Moderate Buy” and a consensus price target of $22.68.
NETSTREIT Price Performance
Shares of NTST stock opened at $21.73 on Friday. The firm has a market cap of $2.11 billion, a P/E ratio of 144.89, a P/E/G ratio of 2.78 and a beta of 0.82. NETSTREIT Corp. has a fifty-two week low of $17.02 and a fifty-two week high of $22.47. The business’s 50 day moving average price is $20.70 and its 200-day moving average price is $19.99. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.84 and a current ratio of 2.84.
NETSTREIT (NYSE:NTST – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). NETSTREIT had a net margin of 6.35% and a return on equity of 0.98%. The business had revenue of $61.28 million for the quarter, compared to the consensus estimate of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. On average, equities research analysts anticipate that NETSTREIT Corp. will post 1.31 earnings per share for the current year.
NETSTREIT Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, September 1st. NETSTREIT’s dividend payout ratio (DPR) is currently 676.92%.
Insider Buying and Selling at NETSTREIT
In other news, CEO Mark Manheimer acquired 5,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was acquired at an average price of $19.19 per share, for a total transaction of $95,950.00. Following the completion of the acquisition, the chief executive officer owned 415,260 shares in the company, valued at $7,968,839.40. This trade represents a 1.22% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.66% of the company’s stock.
More NETSTREIT News
Here are the key news stories impacting NETSTREIT this week:
- Positive Sentiment: Robert W. Baird raised its price target on NETSTREIT to $23 from $22 and kept an “outperform” rating, signaling continued upside confidence in the stock. Benzinga source
- Positive Sentiment: NETSTREIT beat Zacks’ FFO estimate, reporting quarterly FFO of $0.35 per share versus expectations of $0.34, which is a key profitability measure for REITs. Zacks article
- Positive Sentiment: The company raised FY 2026 EPS guidance to $1.370-$1.390, above the consensus estimate of $1.31, suggesting management sees stronger full-year earnings than the market expected.
- Positive Sentiment: NETSTREIT also announced a quarterly dividend of $0.225 per share, underscoring its income appeal for REIT investors and implying an annualized yield of about 4.2%.
- Neutral Sentiment: Quarterly EPS came in at $0.06, missing the $0.08 consensus, but revenue of $61.28 million topped expectations of $56.41 million, making the headline results mixed rather than clearly negative.
- Neutral Sentiment: Management said the portfolio remained 100% occupied and the balance sheet was in excellent condition, which supports stability but does not appear to be a near-term catalyst by itself. Business Wire release
NETSTREIT 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.
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