NETSTREIT Corp. $NTST Shares Bought by Sei Investments Co.

Sei Investments Co. raised its position in shares of NETSTREIT Corp. (NYSE:NTST) by 54.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 184,134 shares of the company’s stock after purchasing an additional 64,885 shares during the quarter. Sei Investments Co.’s holdings in NETSTREIT were worth $3,467,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Loomis Sayles & Co. L P raised its stake in shares of NETSTREIT by 959.0% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock worth $26,000 after purchasing an additional 1,333 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in NETSTREIT by 1,123.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock valued at $30,000 after buying an additional 1,640 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in NETSTREIT by 36.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock valued at $43,000 after buying an additional 650 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in NETSTREIT in the 4th quarter worth approximately $44,000. Finally, Inspire Investing LLC acquired a new position in NETSTREIT in the 4th quarter worth approximately $45,000.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Cantor Fitzgerald raised their price target on shares of NETSTREIT from $24.00 to $25.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Wells Fargo & Company increased their price objective on shares of NETSTREIT from $22.00 to $23.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Stifel Nicolaus raised their target price on shares of NETSTREIT from $22.25 to $23.50 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Weiss Ratings upgraded shares of NETSTREIT from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, May 12th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $25.00 price target on shares of NETSTREIT in a report on Wednesday, July 29th. Thirteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, NETSTREIT has an average rating of “Moderate Buy” and a consensus target price of $23.19.

Insider Transactions at NETSTREIT

In other news, CEO Mark Manheimer purchased 5,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were purchased at an average cost 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 represents a 1.22% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.66% of the company’s stock.

NETSTREIT Stock Down 0.5%

Shares of NTST stock opened at $21.04 on Friday. The stock has a 50 day moving average of $20.93 and a 200 day moving average of $20.27. The company has a current ratio of 3.55, a quick ratio of 3.54 and a debt-to-equity ratio of 0.88. The stock has a market cap of $2.14 billion, a P/E ratio of 140.25, a P/E/G ratio of 2.72 and a beta of 0.81. NETSTREIT Corp. has a twelve month low of $17.02 and a twelve month high of $22.47.

NETSTREIT (NYSE:NTST) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.02). The company had revenue of $61.28 million during 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, sell-side analysts expect that NETSTREIT Corp. will post 1.31 EPS for the current year.

NETSTREIT Cuts Dividend

The company also recently announced 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. This represents a $0.90 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Tuesday, September 1st. NETSTREIT’s payout ratio is currently 586.67%.

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.