Mitsubishi UFJ Asset Management Co. Ltd. Takes $1.79 Million Position in NETSTREIT Corp. $NTST

Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in NETSTREIT Corp. (NYSE:NTST) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 84,768 shares of the company’s stock, valued at approximately $1,791,000.

Other large investors also recently bought and sold shares of the company. Loomis Sayles & Co. L P increased its position in 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 grew its stake in shares of NETSTREIT by 1,123.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock worth $30,000 after buying an additional 1,640 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of NETSTREIT by 36.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock worth $43,000 after buying an additional 650 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of NETSTREIT in the 4th quarter worth about $44,000. Finally, Inspire Investing LLC bought a new stake in shares of NETSTREIT in the 4th quarter worth about $45,000.

Wall Street Analyst Weigh In

A number of brokerages recently commented on NTST. BTIG Research increased their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a report on Friday, June 26th. Jefferies Financial Group reissued a “buy” rating and set a $25.00 price objective on shares of NETSTREIT in a research note on Wednesday, July 29th. Citigroup restated a “neutral” rating on shares of NETSTREIT in a research report on Friday, April 24th. BMO Capital Markets raised their price objective on NETSTREIT from $24.00 to $25.00 and gave the company an “outperform” rating in a research note on Monday, July 20th. Finally, Truist Financial lifted their target price on NETSTREIT from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Thirteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $23.19.

Insider Activity at NETSTREIT

In related news, CEO Mark Manheimer purchased 5,000 shares of NETSTREIT stock in a transaction that occurred on Thursday, June 18th. The shares were bought at an average price of $19.19 per share, with a total value of $95,950.00. Following the purchase, the chief executive officer directly 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.66% of the company’s stock.

NETSTREIT Price Performance

NTST opened at $20.35 on Friday. The business has a fifty day moving average of $21.02 and a 200 day moving average of $20.41. NETSTREIT Corp. has a 52-week low of $17.02 and a 52-week high of $22.47. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88. The stock has a market cap of $2.07 billion, a P/E ratio of 135.67, a PEG ratio of 2.66 and a beta of 0.81.

NETSTREIT (NYSE:NTST) last announced 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). NETSTREIT had a net margin of 6.35% and a return on equity of 0.95%. The business had revenue of $61.28 million during the quarter, compared to the consensus estimate of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. As a group, sell-side analysts anticipate that NETSTREIT Corp. will post 1.31 EPS for the current year.

NETSTREIT Cuts Dividend

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

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.