NETSTREIT Corp. $NTST Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. trimmed its holdings in NETSTREIT Corp. (NYSE:NTST) by 4.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 8,600,621 shares of the company’s stock after selling 360,667 shares during the period. Vanguard Group Inc. owned about 0.10% of NETSTREIT worth $151,715,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of NTST. Millennium Management LLC lifted its holdings in NETSTREIT by 88.8% in the 3rd quarter. Millennium Management LLC now owns 3,790,130 shares of the company’s stock valued at $68,450,000 after acquiring an additional 1,782,158 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in NETSTREIT in the 3rd quarter valued at about $20,498,000. Hudson Bay Capital Management LP lifted its holdings in 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 acquiring an additional 986,842 shares during the last quarter. Centersquare Investment Management LLC lifted its holdings in NETSTREIT by 37.9% in the 3rd quarter. Centersquare Investment Management LLC now owns 3,533,415 shares of the company’s stock valued at $63,813,000 after acquiring an additional 970,260 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in NETSTREIT by 11.9% in the 3rd quarter. Principal Financial Group Inc. now owns 8,958,073 shares of the company’s stock valued at $161,783,000 after acquiring an additional 955,951 shares during the last quarter.

NETSTREIT Price Performance

NTST stock opened at $20.74 on Tuesday. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.81. NETSTREIT Corp. has a one year low of $15.23 and a one year high of $21.30. The firm has a market capitalization of $2.02 billion, a PE ratio of 159.51, a P/E/G ratio of 2.80 and a beta of 0.85. The firm has a 50-day moving average of $20.10 and a two-hundred day moving average of $19.00.

NETSTREIT (NYSE:NTST) last posted its quarterly earnings data on Monday, April 20th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). NETSTREIT had a net margin of 5.29% and a return on equity of 0.78%. The firm 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. On average, analysts forecast that NETSTREIT Corp. will post 1.3 earnings per share for the current year.

NETSTREIT Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 17.0%. This is a positive change from NETSTREIT’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Monday, June 1st. NETSTREIT’s payout ratio is currently 676.92%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NTST. Weiss Ratings downgraded shares of NETSTREIT from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, April 24th. Stifel Nicolaus boosted their price objective on NETSTREIT from $21.00 to $22.25 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Robert W. Baird upped their price objective on shares of NETSTREIT from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Tuesday, April 21st. UBS Group upped their price objective on shares of NETSTREIT from $21.00 to $24.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Finally, BTIG Research upped their price objective on shares of NETSTREIT from $19.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, March 3rd. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $22.17.

Insider Activity

In other news, Director Robin Mcbride Zeigler sold 7,192 shares of the stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $20.85, for a total value 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.66% of the stock is owned by company insiders.

NETSTREIT 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.