NETSTREIT Corp. $NTST Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC cut its stake in shares of NETSTREIT Corp. (NYSE:NTST) by 21.0% during the first quarter, Holdings Channel.com reports. The institutional investor owned 2,083,684 shares of the company’s stock after selling 553,584 shares during the quarter. Janus Henderson Group PLC’s holdings in NETSTREIT were worth $39,206,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in NTST. Loomis Sayles & Co. L P raised its stake in NETSTREIT by 959.0% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock worth $26,000 after acquiring an additional 1,333 shares during the last quarter. EverSource Wealth Advisors LLC lifted 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 period. Mirae Asset Global Investments Co. Ltd. grew its stake 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 valued at $43,000 after purchasing an additional 650 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of NETSTREIT in the fourth quarter valued at about $44,000. Finally, Inspire Investing LLC purchased a new position in shares of NETSTREIT in the fourth quarter worth about $45,000.

Analyst Upgrades and Downgrades

NTST has been the subject of a number of research reports. Wells Fargo & Company lifted their target price on NETSTREIT from $22.00 to $23.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. BTIG Research increased their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Scotiabank reduced their price target on shares of NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Cantor Fitzgerald lifted their price objective on shares of NETSTREIT from $24.00 to $25.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Finally, Truist Financial upped their price objective on shares of NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a report on Monday, May 11th. Thirteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $23.19.

NETSTREIT Stock Up 0.2%

Shares of NTST opened at $21.49 on Monday. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 143.26, a PEG ratio of 2.76 and a beta of 0.82. NETSTREIT Corp. has a 52 week low of $17.02 and a 52 week high of $22.47. The stock’s 50-day moving average price is $20.85 and its 200-day moving average price is $20.18. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88.

NETSTREIT (NYSE:NTST) last announced its quarterly 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). NETSTREIT had a net margin of 6.35% and a return on equity of 0.95%. The company had revenue of $61.28 million for the quarter, compared to analysts’ expectations of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. On average, sell-side analysts predict that NETSTREIT Corp. will post 1.31 EPS for the current year.

NETSTREIT Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.225 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.2%. NETSTREIT’s dividend payout ratio (DPR) is presently 600.00%.

Insider Activity at NETSTREIT

In other news, CEO Mark Manheimer bought 5,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was purchased at an average cost of $19.19 per share, with a total value of $95,950.00. Following the acquisition, the chief executive officer directly 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 acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.66% of the stock is owned by insiders.

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.