FJ Capital Management LLC Buys Shares of 29,197 NETSTREIT Corp. $NTST

FJ Capital Management LLC bought a new stake in NETSTREIT Corp. (NYSE:NTST) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 29,197 shares of the company’s stock, valued at approximately $515,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NTST. Royal Bank of Canada grew its holdings in NETSTREIT by 343.1% in the 1st quarter. Royal Bank of Canada now owns 36,730 shares of the company’s stock valued at $582,000 after buying an additional 28,441 shares during the last quarter. Amundi lifted its position in shares of NETSTREIT by 1.6% in the 1st quarter. Amundi now owns 45,361 shares of the company’s stock worth $709,000 after acquiring an additional 704 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of NETSTREIT by 10.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,757 shares of the company’s stock worth $773,000 after acquiring an additional 4,501 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of NETSTREIT by 3.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 499,346 shares of the company’s stock worth $7,915,000 after acquiring an additional 17,188 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of NETSTREIT by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 567,532 shares of the company’s stock worth $8,995,000 after acquiring an additional 42,121 shares during the period.

NETSTREIT Price Performance

Shares of NTST stock opened at $20.32 on Friday. The stock has a 50 day moving average of $20.29 and a two-hundred day moving average of $19.29. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.81. NETSTREIT Corp. has a 12 month low of $16.14 and a 12 month high of $21.30. The company has a market capitalization of $1.98 billion, a P/E ratio of 156.35, a P/E/G ratio of 2.74 and a beta of 0.84.

NETSTREIT (NYSE:NTST) last posted its earnings results on Monday, April 20th. The company reported $0.06 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 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. As a group, equities analysts expect that NETSTREIT Corp. will post 1.31 EPS for the current year.

NETSTREIT Increases Dividend

The business 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 dividend of $0.88 per share. This is a boost from NETSTREIT’s previous quarterly dividend of $0.22. The ex-dividend date is Monday, June 1st. This represents a $3.52 annualized dividend and a dividend yield of 17.3%. NETSTREIT’s dividend payout ratio is 676.92%.

Analyst Ratings Changes

A number of brokerages have commented on NTST. Mizuho raised their price objective on NETSTREIT from $19.00 to $23.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Cantor Fitzgerald raised their price objective on NETSTREIT from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 22nd. Stifel Nicolaus raised their price objective on NETSTREIT from $21.00 to $22.25 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. BTIG Research raised their price objective on NETSTREIT from $19.00 to $22.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. Finally, Scotiabank raised their price objective on NETSTREIT from $22.00 to $23.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Thirteen analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $22.52.

Insider Activity at NETSTREIT

In related news, Director Robin Mcbride Zeigler sold 7,192 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director owned 18,344 shares in the company, valued at $382,472.40. This trade represents a 28.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.66% of the stock is owned by company 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.