Daiwa Securities Group Inc. lifted its holdings in NETSTREIT Corp. (NYSE:NTST – Free Report) by 5.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 513,365 shares of the company’s stock after buying an additional 28,417 shares during the quarter. Daiwa Securities Group Inc.’s holdings in NETSTREIT were worth $9,056,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Intech Investment Management LLC raised its holdings in shares of NETSTREIT by 1.9% in the third quarter. Intech Investment Management LLC now owns 32,517 shares of the company’s stock worth $587,000 after buying an additional 600 shares during the period. CWM LLC raised its holdings in shares of NETSTREIT by 9.8% in the fourth quarter. CWM LLC now owns 6,841 shares of the company’s stock worth $121,000 after buying an additional 608 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of NETSTREIT by 36.3% in the fourth 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 during the period. Amundi raised its holdings in shares of NETSTREIT by 1.6% in the first quarter. Amundi now owns 45,361 shares of the company’s stock worth $709,000 after buying an additional 704 shares during the period. Finally, Natixis Advisors LLC raised its holdings in shares of NETSTREIT by 2.4% in the third quarter. Natixis Advisors LLC now owns 52,415 shares of the company’s stock worth $947,000 after buying an additional 1,235 shares during the period.
Insider Transactions at NETSTREIT
In other NETSTREIT news, Director Robin Mcbride Zeigler sold 7,192 shares of the stock in a transaction 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 sale, the director owned 18,344 shares of the company’s stock, valued at approximately $382,472.40. This trade represents a 28.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.66% of the company’s stock.
NETSTREIT Stock Down 0.1%
NETSTREIT (NYSE:NTST – Get Free Report) last announced its earnings results on Monday, April 20th. The company reported $0.06 earnings per share (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 the consensus estimate 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, analysts expect that NETSTREIT Corp. will post 1.3 EPS for the current fiscal year.
NETSTREIT Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a dividend of $0.88 per share. This is a boost from NETSTREIT’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Monday, June 1st. This represents a $3.52 annualized dividend and a yield of 17.6%. NETSTREIT’s payout ratio is 676.92%.
Wall Street Analysts Forecast Growth
NTST has been the topic of several research analyst reports. Truist Financial increased their price objective on NETSTREIT from $21.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Jefferies Financial Group initiated coverage on NETSTREIT in a research note on Monday, June 1st. They issued a “buy” rating and a $23.00 price objective on the stock. Robert W. Baird increased their price objective on NETSTREIT from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. UBS Group increased their price objective on NETSTREIT from $21.00 to $24.00 and gave the stock a “buy” rating in a research note on Monday, March 9th. Finally, Wells Fargo & Company increased their price objective on NETSTREIT from $22.00 to $23.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Thirteen investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $22.52.
Read Our Latest Research Report on NETSTREIT
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.
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