Jupiter Asset Management Ltd. Boosts Stake in NETSTREIT Corp. $NTST

Jupiter Asset Management Ltd. lifted its position in NETSTREIT Corp. (NYSE:NTST) by 312.7% in the 4th quarter, Holdings Channel reports. The fund owned 748,824 shares of the company’s stock after acquiring an additional 567,383 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in NETSTREIT were worth $13,209,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in NTST. EverSource Wealth Advisors LLC lifted its position in NETSTREIT by 1,123.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock valued at $30,000 after acquiring an additional 1,640 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of NETSTREIT by 36.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock worth $43,000 after purchasing an additional 650 shares in the last quarter. Fulcrum Asset Management LLP purchased a new stake in shares of NETSTREIT in the 4th quarter worth approximately $64,000. CWM LLC increased its position in NETSTREIT by 9.8% during the 4th quarter. CWM LLC now owns 6,841 shares of the company’s stock valued at $121,000 after buying an additional 608 shares in the last quarter. Finally, CIBC Private Wealth Group LLC boosted its holdings in NETSTREIT by 39.1% in the third quarter. CIBC Private Wealth Group LLC now owns 7,299 shares of the company’s stock worth $132,000 after acquiring an additional 2,051 shares in the last quarter.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. UBS Group lifted their price target on NETSTREIT from $21.00 to $24.00 and gave the stock a “buy” rating in a research report on Monday, March 9th. Stifel Nicolaus raised their price target on shares of NETSTREIT from $21.00 to $22.25 and gave the company a “buy” rating in a research report on Tuesday, April 21st. BMO Capital Markets assumed coverage on shares of NETSTREIT in a report on Friday, April 17th. They issued an “outperform” rating and a $24.00 price objective for the company. Weiss Ratings raised NETSTREIT from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, May 12th. Finally, Mizuho upped their price target on NETSTREIT from $19.00 to $23.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.25.

Insider Activity

In related news, Director Robin Mcbride Zeigler sold 7,192 shares of the stock in a transaction dated 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 transaction, 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 is accessible through this hyperlink. Corporate insiders own 0.66% of the company’s stock.

NETSTREIT Trading Up 0.2%

Shares of NYSE:NTST opened at $20.28 on Friday. The stock’s 50-day simple moving average is $20.07 and its two-hundred day simple moving average is $19.16. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of 156.04, a PEG ratio of 2.73 and a beta of 0.85. NETSTREIT Corp. has a 52-week low of $15.68 and a 52-week high of $21.30. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.84 and a current ratio of 2.84.

NETSTREIT (NYSE:NTST) last released its quarterly 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). NETSTREIT had a net margin of 5.29% and a return on equity of 0.78%. The company had revenue of $57.06 million for the quarter, compared to the consensus estimate of $50.10 million. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. Analysts expect that NETSTREIT Corp. will post 1.3 EPS for the current year.

NETSTREIT Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a $0.88 dividend. This is an increase from NETSTREIT’s previous quarterly dividend of $0.22. This represents a $3.52 dividend on an annualized basis and a dividend yield of 17.4%. The ex-dividend date is Monday, June 1st. NETSTREIT’s dividend payout ratio (DPR) is presently 676.92%.

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.