Deprince Race & Zollo Inc. Decreases Position in NETSTREIT Corp. $NTST

Deprince Race & Zollo Inc. trimmed its position in NETSTREIT Corp. (NYSE:NTST) by 21.5% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,161,665 shares of the company’s stock after selling 318,075 shares during the quarter. Deprince Race & Zollo Inc.’s holdings in NETSTREIT were worth $21,874,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Hsbc Holdings PLC lifted its position in shares of NETSTREIT by 49.3% in the fourth quarter. Hsbc Holdings PLC now owns 230,682 shares of the company’s stock valued at $4,064,000 after acquiring an additional 76,181 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of NETSTREIT by 11.5% during the fourth quarter. Corient Private Wealth LLC now owns 40,072 shares of the company’s stock worth $707,000 after purchasing an additional 4,125 shares in the last quarter. Invesco Ltd. increased its position in shares of NETSTREIT by 7.7% during the fourth quarter. Invesco Ltd. now owns 276,815 shares of the company’s stock worth $4,883,000 after purchasing an additional 19,745 shares in the last quarter. XTX Topco Ltd raised its stake in NETSTREIT by 788.4% in the 4th quarter. XTX Topco Ltd now owns 123,831 shares of the company’s stock valued at $2,184,000 after purchasing an additional 109,892 shares during the last quarter. Finally, Voloridge Investment Management LLC raised its stake in NETSTREIT by 0.4% in the 4th quarter. Voloridge Investment Management LLC now owns 513,457 shares of the company’s stock valued at $9,057,000 after purchasing an additional 2,015 shares during the last quarter.

Insider Buying and Selling at NETSTREIT

In other news, CEO Mark Manheimer acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was purchased at an average price of $19.19 per share, with a total value of $95,950.00. Following the completion of 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 position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robin Mcbride Zeigler sold 7,192 shares of the firm’s stock in a transaction dated 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. The trade was a 28.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.66% of the stock is owned by insiders.

NETSTREIT Price Performance

NYSE:NTST opened at $21.09 on Thursday. NETSTREIT Corp. has a one year low of $16.71 and a one year high of $21.56. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.84 and a current ratio of 2.84. The stock has a market cap of $2.05 billion, a PE ratio of 162.26, a P/E/G ratio of 2.72 and a beta of 0.82. The stock has a 50 day moving average price of $20.35 and a 200 day moving average price of $19.52.

NETSTREIT (NYSE:NTST) last released its quarterly earnings data on Monday, April 20th. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The company had revenue of $57.06 million for the quarter, compared to analyst estimates of $50.09 million. NETSTREIT had a return on equity of 0.78% and a net margin of 5.29%.NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. Equities research analysts expect that NETSTREIT Corp. will post 1.31 EPS for the current fiscal year.

NETSTREIT Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.88 per share. The ex-dividend date was Monday, June 1st. This represents a $3.52 annualized dividend and a dividend yield of 16.7%. This is a boost from NETSTREIT’s previous quarterly dividend of $0.22. NETSTREIT’s payout ratio is presently 676.92%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on NTST shares. BMO Capital Markets assumed coverage on NETSTREIT in a report on Friday, April 17th. They issued an “outperform” rating and a $24.00 price objective on the stock. Cantor Fitzgerald upped their target price on shares of NETSTREIT from $22.00 to $24.00 and gave the stock an “overweight” rating in a report on Wednesday, April 22nd. Citigroup reiterated a “neutral” rating on shares of NETSTREIT in a research report on Friday, April 24th. Scotiabank decreased their price target on shares of NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Finally, Robert W. Baird boosted their price target on shares of NETSTREIT from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. Thirteen 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, NETSTREIT currently has an average rating of “Moderate Buy” and a consensus target price of $22.45.

NETSTREIT Company 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.