Public Employees Retirement System of Ohio Makes New $2.34 Million Investment in NETSTREIT Corp. $NTST

Public Employees Retirement System of Ohio purchased a new stake in NETSTREIT Corp. (NYSE:NTST) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 110,712 shares of the company’s stock, valued at approximately $2,339,000.

Other institutional investors have also added to or reduced their stakes in the company. Easterly Investment Partners LLC purchased a new stake in shares of NETSTREIT in the fourth quarter worth about $9,422,000. Dockside LLC bought a new stake in NETSTREIT during the 2nd quarter worth approximately $1,202,000. VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in NETSTREIT by 111.3% during the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 342,800 shares of the company’s stock worth $6,047,000 after acquiring an additional 180,600 shares during the period. Centersquare Investment Management LLC lifted its stake in NETSTREIT by 3.4% in the 4th quarter. Centersquare Investment Management LLC now owns 3,653,585 shares of the company’s stock worth $64,449,000 after purchasing an additional 120,170 shares in the last quarter. Finally, Entropy Technologies LP bought a new position in NETSTREIT in the 1st quarter valued at $1,001,000.

Insider Activity

In other news, CEO Mark Manheimer acquired 5,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was purchased at an average cost of $19.19 per share, for a total transaction of $95,950.00. Following the acquisition, the chief executive officer owned 415,260 shares of the company’s stock, valued at $7,968,839.40. This trade represents a 1.22% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.66% of the company’s stock.

NETSTREIT Price Performance

Shares of NYSE:NTST opened at $20.08 on Friday. The company’s fifty day moving average price is $21.13 and its 200-day moving average price is $20.49. The company has a debt-to-equity ratio of 0.88, a current ratio of 3.55 and a quick ratio of 3.54. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 133.87, a PEG ratio of 2.59 and a beta of 0.80. NETSTREIT Corp. has a one year low of $17.02 and a one year high of $22.47.

NETSTREIT (NYSE:NTST) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.The company had revenue of $61.28 million for the quarter, compared to the consensus estimate of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. On average, equities research analysts anticipate that NETSTREIT Corp. will post 1.3 earnings per share for the current fiscal year.

NETSTREIT Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.225 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.90 annualized dividend and a yield of 4.5%. NETSTREIT’s payout ratio is 600.00%.

Analysts Set New Price Targets

A number of research firms have recently commented on NTST. Wells Fargo & Company boosted their price target on shares of NETSTREIT from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Weiss Ratings reissued a “hold (c+)” rating on shares of NETSTREIT in a research note on Friday, August 7th. Robert W. Baird boosted their target price on NETSTREIT from $22.00 to $23.00 and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. BTIG Research upped their target price on NETSTREIT from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Finally, Truist Financial raised their price target on NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a report on Monday, May 11th. Thirteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $23.19.

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.