Corient Private Wealth LP Makes New Investment in NETSTREIT Corp. $NTST

Corient Private Wealth LP bought a new stake in shares of NETSTREIT Corp. (NYSE:NTST) in the 2nd quarter, HoldingsChannel reports. The fund bought 127,242 shares of the company’s stock, valued at approximately $2,689,000.

Several other large investors have also recently made changes to their positions in NTST. Easterly Investment Partners LLC purchased a new position in shares of NETSTREIT in the 4th quarter worth about $9,422,000. Dockside LLC bought a new position in NETSTREIT during the second quarter valued at about $1,202,000. VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in NETSTREIT by 111.3% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 342,800 shares of the company’s stock worth $6,047,000 after buying an additional 180,600 shares during the last quarter. Centersquare Investment Management LLC raised its position in NETSTREIT by 3.4% in the fourth quarter. Centersquare Investment Management LLC now owns 3,653,585 shares of the company’s stock worth $64,449,000 after acquiring an additional 120,170 shares during the period. Finally, GSA Capital Partners LLP bought a new stake in NETSTREIT in the second quarter worth about $4,867,000.

Insider Activity

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 acquired at an average price of $19.19 per share, with a total value of $95,950.00. Following the acquisition, the chief executive officer owned 415,260 shares of the company’s stock, valued at approximately $7,968,839.40. This trade represents a 1.22% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on NTST shares. BTIG Research increased their target price on shares of NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Friday, June 26th. UBS Group set a $22.00 price target on shares of NETSTREIT in a report on Thursday, June 18th. Scotiabank reduced their price objective on NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Truist Financial raised their target price on NETSTREIT from $21.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Finally, BMO Capital Markets boosted their target price on NETSTREIT from $24.00 to $25.00 and gave the company an “outperform” rating in a research note on Monday, July 20th. Thirteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $23.19.

NETSTREIT Price Performance

NTST opened at $20.47 on Wednesday. The firm has a 50-day moving average price of $21.16 and a 200-day moving average price of $20.49. NETSTREIT Corp. has a twelve month low of $17.02 and a twelve month 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 has a market capitalization of $2.08 billion, a price-to-earnings ratio of 136.47, a PEG ratio of 2.63 and a beta of 0.80.

NETSTREIT (NYSE:NTST) last announced its quarterly earnings results on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). NETSTREIT had a net margin of 6.35% and a return on equity of 0.95%. The business had revenue of $61.28 million for the quarter, compared to analysts’ expectations of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. Equities analysts expect that NETSTREIT Corp. will post 1.31 EPS for the current 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 4.4%. The ex-dividend date is Tuesday, September 1st. NETSTREIT’s payout ratio is presently 586.67%.

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.