534,113 Shares in NETSTREIT Corp. $NTST Purchased by Easterly Investment Partners LLC

Easterly Investment Partners LLC bought a new stake in shares of NETSTREIT Corp. (NYSE:NTST) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 534,113 shares of the company’s stock, valued at approximately $9,422,000.

Other large investors have also recently bought and sold shares of the company. Principal Financial Group Inc. increased its stake in NETSTREIT by 11.9% during the 3rd quarter. Principal Financial Group Inc. now owns 8,958,073 shares of the company’s stock valued at $161,783,000 after buying an additional 955,951 shares during the period. Allianz Asset Management GmbH increased its stake in NETSTREIT by 76.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 79,454 shares of the company’s stock valued at $1,435,000 after buying an additional 34,334 shares during the period. Vanguard Group Inc. increased its stake in NETSTREIT by 7.8% during the 3rd quarter. Vanguard Group Inc. now owns 8,961,288 shares of the company’s stock valued at $161,841,000 after buying an additional 646,153 shares during the period. Jupiter Asset Management Ltd. acquired a new position in NETSTREIT during the 3rd quarter valued at about $3,277,000. Finally, Hudson Bay Capital Management LP increased its stake in NETSTREIT by 35.1% during the 3rd quarter. Hudson Bay Capital Management LP now owns 3,794,639 shares of the company’s stock valued at $68,531,000 after buying an additional 986,842 shares during the period.

Analyst Upgrades and Downgrades

NTST has been the topic of several research analyst reports. UBS Group raised their target price on shares of NETSTREIT from $21.00 to $24.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Cantor Fitzgerald raised their target price on shares of NETSTREIT from $22.00 to $24.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. BTIG Research raised their target price on shares of NETSTREIT from $19.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, March 3rd. Robert W. Baird raised their target price on shares of NETSTREIT from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Tuesday, April 21st. Finally, Raymond James Financial cut shares of NETSTREIT from a “strong-buy” rating to an “outperform” rating and raised their target price for the company from $21.00 to $22.00 in a research note on Tuesday, March 17th. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $22.25.

NETSTREIT Stock Performance

Shares of NTST opened at $20.28 on Monday. The firm’s 50 day moving average is $20.07 and its 200-day moving average is $19.17. The stock has a market capitalization of $1.97 billion, a P/E ratio of 156.04, a P/E/G ratio of 2.74 and a beta of 0.84. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.84 and a quick ratio of 2.84. NETSTREIT Corp. has a 12-month low of $15.68 and a 12-month high of $21.30.

NETSTREIT (NYSE:NTST) last announced its quarterly earnings data 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 business had revenue of $57.06 million during the quarter, compared to analyst estimates of $50.10 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 anticipate that NETSTREIT Corp. will post 1.3 EPS for the current fiscal year.

NETSTREIT Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a $0.88 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $3.52 annualized dividend and a dividend yield of 17.4%. This is an increase from NETSTREIT’s previous quarterly dividend of $0.22. NETSTREIT’s dividend payout ratio is presently 676.92%.

Insider Activity

In other news, Director Robin Mcbride Zeigler sold 7,192 shares of NETSTREIT stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $20.85, for a total value of $149,953.20. Following the transaction, the director owned 18,344 shares of the company’s stock, valued at $382,472.40. The trade was a 28.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.66% of the stock is owned by corporate insiders.

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.