Quantinno Capital Management LP Buys 112,088 Shares of NETSTREIT Corp. $NTST

Quantinno Capital Management LP grew its stake in shares of NETSTREIT Corp. (NYSE:NTSTFree Report) by 172.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 176,918 shares of the company’s stock after purchasing an additional 112,088 shares during the quarter. Quantinno Capital Management LP owned about 0.18% of NETSTREIT worth $3,331,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Easterly Investment Partners LLC acquired a new position in NETSTREIT during the fourth quarter worth $9,422,000. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in NETSTREIT by 23.4% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 173,322 shares of the company’s stock valued at $3,057,000 after acquiring an additional 32,900 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in NETSTREIT by 111.3% in the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 342,800 shares of the company’s stock valued at $6,047,000 after acquiring an additional 180,600 shares during the last quarter. Centersquare Investment Management LLC lifted its stake in NETSTREIT by 3.4% in the fourth quarter. Centersquare Investment Management LLC now owns 3,653,585 shares of the company’s stock valued at $64,449,000 after acquiring an additional 120,170 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of NETSTREIT by 3.0% in the 4th quarter. Principal Financial Group Inc. now owns 9,226,348 shares of the company’s stock valued at $162,753,000 after acquiring an additional 268,275 shares during the period.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on NTST shares. Wells Fargo & Company upped their target price on shares of NETSTREIT from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Citigroup reiterated a “neutral” rating on shares of NETSTREIT in a report on Friday, April 24th. BMO Capital Markets boosted their price target on NETSTREIT from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Monday, July 20th. 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. Finally, Robert W. Baird raised their price objective on NETSTREIT from $22.00 to $23.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Thirteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $23.19.

Check Out Our Latest Report on NTST

NETSTREIT Trading Down 1.6%

NTST stock opened at $20.69 on Friday. NETSTREIT Corp. has a 52 week low of $17.02 and a 52 week high of $22.47. The company has a market capitalization of $2.10 billion, a PE ratio of 137.95, a price-to-earnings-growth ratio of 2.66 and a beta of 0.81. The company’s 50-day simple moving average is $20.94 and its 200 day simple moving average is $20.27. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.54 and a current ratio of 3.55.

NETSTREIT (NYSE:NTSTGet Free Report) 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 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 earnings per share for the current year.

NETSTREIT Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Tuesday, September 1st. NETSTREIT’s payout ratio is 586.67%.

Insider Activity

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 acquired at an average price of $19.19 per share, with a total value of $95,950.00. Following the completion of the transaction, the chief executive officer directly owned 415,260 shares of the company’s stock, valued at $7,968,839.40. This represents a 1.22% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.66% of the company’s stock.

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.

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Institutional Ownership by Quarter for NETSTREIT (NYSE:NTST)

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