FJ Capital Management LLC Makes New Investment in NETSTREIT Corp. $NTST

FJ Capital Management LLC bought a new position in NETSTREIT Corp. (NYSE:NTST) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 29,197 shares of the company’s stock, valued at approximately $515,000.

Several other hedge funds also recently bought and sold shares of NTST. Loomis Sayles & Co. L P increased its position in NETSTREIT by 959.0% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock worth $26,000 after purchasing an additional 1,333 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in NETSTREIT by 1,123.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock worth $30,000 after purchasing an additional 1,640 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in NETSTREIT by 36.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock worth $43,000 after purchasing an additional 650 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in NETSTREIT in the 4th quarter worth about $44,000. Finally, Fulcrum Asset Management LLP acquired a new position in NETSTREIT in the 4th quarter worth about $64,000.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Scotiabank upped their target price on NETSTREIT from $22.00 to $23.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Robert W. Baird increased their price objective on NETSTREIT from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. UBS Group increased their price objective on NETSTREIT from $21.00 to $24.00 and gave the company a “buy” rating in a report on Monday, March 9th. Stifel Nicolaus increased their price objective on NETSTREIT from $21.00 to $22.25 and gave the company a “buy” rating in a report on Tuesday, April 21st. Finally, Truist Financial increased their price objective on NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a report on Monday, May 11th. Thirteen research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, NETSTREIT currently has an average rating of “Moderate Buy” and an average target price of $22.52.

NETSTREIT Stock Performance

Shares of NYSE NTST opened at $20.32 on Friday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.84 and a current ratio of 2.84. The firm has a market cap of $1.98 billion, a price-to-earnings ratio of 156.35, a P/E/G ratio of 2.74 and a beta of 0.84. The business’s 50-day simple moving average is $20.29 and its 200-day simple moving average is $19.29. NETSTREIT Corp. has a 52 week low of $16.14 and a 52 week high of $21.30.

NETSTREIT (NYSE:NTST) last issued its quarterly earnings data on Monday, April 20th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). The company had revenue of $57.06 million for the quarter, compared to analyst estimates of $50.10 million. NETSTREIT had a net margin of 5.29% and a return on equity of 0.78%. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. As a group, equities research analysts expect that NETSTREIT Corp. will post 1.31 earnings per share for the current fiscal year.

NETSTREIT Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a $0.88 dividend. This is an increase from NETSTREIT’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend is Monday, June 1st. This represents a $3.52 dividend on an annualized basis and a yield of 17.3%. NETSTREIT’s payout ratio is 676.92%.

Insider Transactions at NETSTREIT

In other NETSTREIT 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 value of $149,953.20. Following the sale, the director owned 18,344 shares of the company’s stock, valued at $382,472.40. This trade represents a 28.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.66% of the stock is owned by company insiders.

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.