NETSTREIT Corp. $NTST Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC cut its stake in shares of NETSTREIT Corp. (NYSE:NTSTFree Report) by 9.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,028,472 shares of the company’s stock after selling 106,497 shares during the period. William Blair Investment Management LLC’s holdings in NETSTREIT were worth $18,142,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NTST. 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted 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 acquiring an additional 650 shares in the last quarter. Fulcrum Asset Management LLP acquired a new position in NETSTREIT during the 4th quarter worth approximately $64,000. CWM LLC lifted its position in NETSTREIT by 9.8% during the 4th quarter. CWM LLC now owns 6,841 shares of the company’s stock worth $121,000 after acquiring an additional 608 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its position in NETSTREIT by 39.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 7,299 shares of the company’s stock worth $132,000 after acquiring an additional 2,051 shares in the last quarter.

Insider Transactions at NETSTREIT

In other NETSTREIT news, Director Robin Mcbride Zeigler sold 7,192 shares of NETSTREIT stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $20.85, for a total transaction of $149,953.20. Following the sale, the director directly owned 18,344 shares in the company, valued at $382,472.40. The trade was a 28.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.66% of the stock is owned by corporate insiders.

NETSTREIT Price Performance

NTST stock opened at $20.43 on Tuesday. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.81. NETSTREIT Corp. has a 52-week low of $15.44 and a 52-week high of $21.30. The stock’s 50 day moving average is $20.06 and its two-hundred day moving average is $19.11. The company has a market capitalization of $1.99 billion, a PE ratio of 157.14, a P/E/G ratio of 2.76 and a beta of 0.85.

NETSTREIT (NYSE:NTSTGet Free Report) last posted its quarterly earnings data on Monday, April 20th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.01). NETSTREIT had a return on equity of 0.78% and a net margin of 5.29%.The business had revenue of $57.06 million for the quarter, compared to analysts’ expectations of $50.10 million. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. Analysts predict that NETSTREIT Corp. will post 1.3 earnings per share for the current fiscal year.

NETSTREIT Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.88 per share. The ex-dividend date is Monday, June 1st. This represents a $3.52 annualized dividend and a yield of 17.2%. This is a boost from NETSTREIT’s previous quarterly dividend of $0.22. NETSTREIT’s dividend payout ratio (DPR) is presently 676.92%.

Analyst Upgrades and Downgrades

NTST has been the topic of several recent research reports. Stifel Nicolaus boosted their price target on NETSTREIT from $21.00 to $22.25 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Raymond James Financial lowered NETSTREIT from a “strong-buy” rating to an “outperform” rating and boosted their price target for the stock from $21.00 to $22.00 in a research report on Tuesday, March 17th. Scotiabank boosted their price target on NETSTREIT from $22.00 to $23.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Mizuho boosted their price target on NETSTREIT from $19.00 to $23.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Finally, BTIG Research lifted their price objective on NETSTREIT from $19.00 to $22.00 and gave the stock a “buy” rating in a report on Tuesday, March 3rd. Twelve analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $22.25.

View Our Latest Research Report on NETSTREIT

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.

Further Reading

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)

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