BROOKFIELD Corp ON Sells 38,112 Shares of NETSTREIT Corp. $NTST

BROOKFIELD Corp ON trimmed its stake in NETSTREIT Corp. (NYSE:NTST) by 3.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,042,371 shares of the company’s stock after selling 38,112 shares during the period. BROOKFIELD Corp ON’s holdings in NETSTREIT were worth $19,628,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in NTST. Loomis Sayles & Co. L P increased its position in shares of NETSTREIT by 959.0% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock worth $26,000 after acquiring an additional 1,333 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of NETSTREIT by 1,123.3% during the second 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 in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of NETSTREIT by 36.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock valued at $43,000 after purchasing an additional 650 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of NETSTREIT in the fourth quarter valued at approximately $44,000. Finally, Inspire Investing LLC bought a new position in NETSTREIT in the fourth quarter worth approximately $45,000.

Analyst Upgrades and Downgrades

NTST has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their target price on NETSTREIT from $22.00 to $23.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Scotiabank dropped their price target on NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating on the stock in a research report on Thursday, June 18th. Citigroup restated a “neutral” rating on shares of NETSTREIT in a research note on Friday, April 24th. UBS Group set a $22.00 price target on NETSTREIT in a research note on Thursday, June 18th. Finally, BTIG Research lifted their price objective on NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a report on Friday, June 26th. Thirteen analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.68.

Insider Buying and Selling at NETSTREIT

In related news, CEO Mark Manheimer acquired 5,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were bought at an average price of $19.19 per share, with a total value of $95,950.00. Following the completion of the transaction, the chief executive officer directly owned 415,260 shares in the company, valued at $7,968,839.40. This trade represents a 1.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.66% of the stock is owned by company insiders.

NETSTREIT Stock Performance

Shares of NTST stock opened at $22.14 on Monday. The firm has a market cap of $2.25 billion, a price-to-earnings ratio of 147.63, a PEG ratio of 2.86 and a beta of 0.82. NETSTREIT Corp. has a 52-week low of $17.02 and a 52-week high of $22.47. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88. The company’s 50 day moving average is $20.74 and its 200 day moving average is $20.02.

NETSTREIT (NYSE:NTST) last posted its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The company had revenue of $61.28 million for the quarter, compared to analysts’ expectations of $56.41 million. NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. On average, sell-side analysts anticipate that NETSTREIT Corp. will post 1.31 EPS for the current fiscal year.

NETSTREIT Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Tuesday, September 1st. NETSTREIT’s dividend payout ratio is 586.67%.

About NETSTREIT

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.