Quantbot Technologies LP Purchases Shares of 317,749 NETSTREIT Corp. $NTST

Quantbot Technologies LP acquired a new position in shares of NETSTREIT Corp. (NYSE:NTSTFree Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 317,749 shares of the company’s stock, valued at approximately $6,714,000. Quantbot Technologies LP owned 0.31% of NETSTREIT as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Loomis Sayles & Co. L P raised 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 period. EverSource Wealth Advisors LLC boosted 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 purchasing an additional 1,640 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in NETSTREIT by 36.3% during 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 acquired a new stake in NETSTREIT in the 4th quarter valued at $44,000. Finally, Inspire Investing LLC acquired a new stake in NETSTREIT in the 4th quarter valued at $45,000.

Insider Activity at NETSTREIT

In other NETSTREIT news, CEO Mark Manheimer purchased 5,000 shares of NETSTREIT stock in a transaction that occurred on Thursday, June 18th. The stock was purchased at an average price of $19.19 per share, with a total value of $95,950.00. Following the completion of the acquisition, the chief executive officer owned 415,260 shares of the company’s stock, valued at approximately $7,968,839.40. This trade represents a 1.22% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.66% of the company’s stock.

Wall Street Analyst Weigh In

NTST has been the topic of a number of recent research reports. Scotiabank reduced their price objective on NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Truist Financial increased their target price on NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Wells Fargo & Company raised their target price on NETSTREIT from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Weiss Ratings reissued a “hold (c+)” rating on shares of NETSTREIT in a research report on Friday, August 7th. Finally, Cantor Fitzgerald upped their price target on NETSTREIT from $24.00 to $25.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Thirteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, NETSTREIT presently has an average rating of “Moderate Buy” and an average price target of $23.19.

View Our Latest Research Report on NETSTREIT

NETSTREIT Stock Performance

NETSTREIT stock opened at $20.35 on Friday. NETSTREIT Corp. has a 12-month low of $17.02 and a 12-month high of $22.47. The company has a market capitalization of $2.07 billion, a price-to-earnings ratio of 135.67, a price-to-earnings-growth ratio of 2.63 and a beta of 0.81. The company has a debt-to-equity ratio of 0.88, a current ratio of 3.55 and a quick ratio of 3.54. The firm’s fifty day moving average price is $21.02 and its 200 day moving average price is $20.41.

NETSTREIT (NYSE:NTSTGet Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The firm had revenue of $61.28 million during the quarter, compared to analyst estimates 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. On average, research analysts forecast that NETSTREIT Corp. will post 1.31 EPS for the current fiscal year.

NETSTREIT Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $0.225 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.90 annualized dividend and a dividend yield of 4.4%. NETSTREIT’s payout ratio is 586.67%.

NETSTREIT Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding NTST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NETSTREIT Corp. (NYSE:NTSTFree Report).

Institutional Ownership by Quarter for NETSTREIT (NYSE:NTST)

Receive News & Ratings for NETSTREIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NETSTREIT and related companies with MarketBeat.com's FREE daily email newsletter.