Centersquare Investment Management LLC Boosts Stake in NETSTREIT Corp. $NTST

Centersquare Investment Management LLC increased its position in NETSTREIT Corp. (NYSE:NTSTFree Report) by 3.4% in the 4th quarter, Holdings Channel reports. The firm owned 3,653,585 shares of the company’s stock after buying an additional 120,170 shares during the period. Centersquare Investment Management LLC’s holdings in NETSTREIT were worth $64,449,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allianz Asset Management GmbH lifted its holdings in shares of NETSTREIT by 76.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 79,454 shares of the company’s stock valued at $1,435,000 after purchasing an additional 34,334 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of NETSTREIT by 7.8% in the 3rd quarter. Vanguard Group Inc. now owns 8,961,288 shares of the company’s stock valued at $161,841,000 after purchasing an additional 646,153 shares during the last quarter. Jupiter Asset Management Ltd. purchased a new stake in shares of NETSTREIT in the 3rd quarter valued at about $3,277,000. Hudson Bay Capital Management LP lifted its holdings in shares of NETSTREIT by 35.1% in the 3rd quarter. Hudson Bay Capital Management LP now owns 3,794,639 shares of the company’s stock valued at $68,531,000 after purchasing an additional 986,842 shares during the last quarter. Finally, APG Asset Management US Inc. lifted its holdings in shares of NETSTREIT by 8.7% in the 3rd quarter. APG Asset Management US Inc. now owns 956,127 shares of the company’s stock valued at $17,478,000 after purchasing an additional 76,250 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on NTST shares. Cantor Fitzgerald boosted their target price on NETSTREIT from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Weiss Ratings raised NETSTREIT from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, May 12th. Raymond James Financial downgraded NETSTREIT from a “strong-buy” rating to an “outperform” rating and boosted their target price for the company from $21.00 to $22.00 in a report on Tuesday, March 17th. Citigroup reissued a “neutral” rating on shares of NETSTREIT in a report on Friday, April 24th. Finally, Truist Financial upped their price objective on NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, May 11th. Thirteen investment analysts have rated the stock with a Buy rating and three have given 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 price target of $22.52.

Read Our Latest Report on NETSTREIT

Insider Buying and Selling

In other NETSTREIT news, Director Robin Mcbride Zeigler sold 7,192 shares of the company’s 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 completion of the sale, the director directly owned 18,344 shares of the company’s stock, valued at $382,472.40. This represents a 28.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.66% of the stock is currently owned by corporate insiders.

NETSTREIT Stock Down 0.9%

NTST opened at $20.22 on Friday. The business has a 50 day moving average price of $20.26 and a two-hundred day moving average price of $19.28. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.81. The company has a market cap of $1.97 billion, a PE ratio of 155.52, a P/E/G ratio of 2.75 and a beta of 0.84. NETSTREIT Corp. has a 52 week low of $16.14 and a 52 week high of $21.30.

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

NETSTREIT Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $3.52 annualized dividend and a yield of 17.4%. This is a boost from NETSTREIT’s previous quarterly dividend of $0.22. NETSTREIT’s dividend payout ratio (DPR) is currently 676.92%.

About NETSTREIT

(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.

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Institutional Ownership by Quarter for NETSTREIT (NYSE:NTST)

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