The Manufacturers Life Insurance Company Purchases Shares of 48,406 NETSTREIT Corp. $NTST

The Manufacturers Life Insurance Company purchased a new position in NETSTREIT Corp. (NYSE:NTST) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 48,406 shares of the company’s stock, valued at approximately $1,023,000.

A number of other large investors have also modified their holdings of the stock. Loomis Sayles & Co. L P boosted its holdings in NETSTREIT by 959.0% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock valued at $26,000 after purchasing an additional 1,333 shares during the period. EverSource Wealth Advisors LLC increased its holdings 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 purchasing an additional 1,640 shares during the period. Kestra Advisory Services LLC purchased a new stake in NETSTREIT during the 4th quarter worth about $44,000. Inspire Investing LLC acquired a new stake in NETSTREIT in the 4th quarter valued at about $45,000. Finally, Fulcrum Asset Management LLP acquired a new stake in NETSTREIT in the 4th quarter valued at about $64,000.

Insider Buying and Selling at NETSTREIT

In related news, CEO Mark Manheimer bought 5,000 shares of the stock in a transaction dated 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 acquisition, the chief executive officer owned 415,260 shares in the company, valued at approximately $7,968,839.40. This represents a 1.22% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Robert W. Baird boosted their price objective on NETSTREIT from $22.00 to $23.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of NETSTREIT in a research note on Friday, August 7th. Stifel Nicolaus boosted their price target on shares of NETSTREIT from $22.25 to $23.50 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Cantor Fitzgerald boosted their price target on shares of NETSTREIT from $24.00 to $25.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Finally, BMO Capital Markets raised their price objective on shares of NETSTREIT from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Monday, July 20th. Thirteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $23.19.

NETSTREIT Trading Down 1.7%

NTST opened at $20.08 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.54 and a current ratio of 3.55. NETSTREIT Corp. has a one year low of $17.02 and a one year high of $22.47. The company has a market cap of $2.04 billion, a P/E ratio of 133.87, a PEG ratio of 2.64 and a beta of 0.80. The business’s 50-day simple moving average is $21.13 and its 200-day simple moving average is $20.49.

NETSTREIT (NYSE:NTST) last posted its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.02). The business had revenue of $61.28 million for the quarter, compared to analysts’ expectations of $56.41 million. NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. As a group, equities research analysts expect that NETSTREIT Corp. will post 1.31 EPS for the current fiscal year.

NETSTREIT Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 4.5%. The ex-dividend date is Tuesday, September 1st. NETSTREIT’s payout ratio is currently 600.00%.

About NETSTREIT

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.