Jupiter Asset Management Ltd. Boosts Stock Position in NETSTREIT Corp. $NTST

Jupiter Asset Management Ltd. grew its position in shares of NETSTREIT Corp. (NYSE:NTST) by 312.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 748,824 shares of the company’s stock after purchasing an additional 567,383 shares during the quarter. Jupiter Asset Management Ltd. owned approximately 0.90% of NETSTREIT worth $13,209,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Millennium Management LLC boosted its stake in NETSTREIT by 88.8% in the third quarter. Millennium Management LLC now owns 3,790,130 shares of the company’s stock worth $68,450,000 after buying an additional 1,782,158 shares in the last quarter. William Blair Investment Management LLC purchased a new position in shares of NETSTREIT during the third quarter worth approximately $20,498,000. Hudson Bay Capital Management LP raised its stake in shares of NETSTREIT by 35.1% during the third quarter. Hudson Bay Capital Management LP now owns 3,794,639 shares of the company’s stock worth $68,531,000 after acquiring an additional 986,842 shares in the last quarter. Centersquare Investment Management LLC lifted its holdings in shares of NETSTREIT by 37.9% in the 3rd quarter. Centersquare Investment Management LLC now owns 3,533,415 shares of the company’s stock worth $63,813,000 after acquiring an additional 970,260 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of NETSTREIT by 11.9% in the 3rd quarter. Principal Financial Group Inc. now owns 8,958,073 shares of the company’s stock valued at $161,783,000 after purchasing an additional 955,951 shares in the last quarter.

Insider Buying and Selling

In related news, Director Robin Mcbride Zeigler sold 7,192 shares of NETSTREIT stock in a transaction 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 sale, the director owned 18,344 shares in the company, valued at $382,472.40. The trade was a 28.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.66% of the stock is owned by insiders.

NETSTREIT Stock Up 0.2%

NYSE NTST opened at $20.28 on Friday. NETSTREIT Corp. has a 1 year low of $15.68 and a 1 year high of $21.30. The stock has a market capitalization of $1.97 billion, a PE ratio of 156.04, a PEG ratio of 2.73 and a beta of 0.85. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.84 and a quick ratio of 2.84. The business’s 50-day moving average is $20.07 and its 200 day moving average is $19.16.

NETSTREIT (NYSE:NTST) last released its quarterly earnings results on Monday, April 20th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). NETSTREIT had a net margin of 5.29% and a return on equity of 0.78%. The business 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. Sell-side analysts forecast that NETSTREIT Corp. will post 1.3 earnings per share for the current year.

NETSTREIT Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors 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 is a positive change from NETSTREIT’s previous quarterly dividend of $0.22. This represents a $3.52 dividend on an annualized basis and a yield of 17.4%. NETSTREIT’s payout ratio is 676.92%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Citigroup reaffirmed a “neutral” rating on shares of NETSTREIT in a report on Friday, April 24th. Mizuho upped their price target on shares of NETSTREIT from $19.00 to $23.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. UBS Group raised their price objective on NETSTREIT from $21.00 to $24.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Scotiabank lifted their price objective on NETSTREIT from $22.00 to $23.00 and gave the stock an “outperform” rating in a report on Tuesday, May 12th. Finally, BTIG Research boosted their target price on NETSTREIT from $19.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, March 3rd. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $22.25.

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.