53,144 Shares in NETSTREIT Corp. $NTST Purchased by Entropy Technologies LP

Entropy Technologies LP purchased a new stake in shares of NETSTREIT Corp. (NYSE:NTST) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 53,144 shares of the company’s stock, valued at approximately $1,001,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NTST. Loomis Sayles & Co. L P grew its holdings in NETSTREIT by 959.0% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock valued at $26,000 after buying an additional 1,333 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of NETSTREIT by 1,123.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock worth $30,000 after acquiring an additional 1,640 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of NETSTREIT by 36.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock worth $43,000 after acquiring an additional 650 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of NETSTREIT during the 4th quarter valued at approximately $44,000. Finally, Inspire Investing LLC bought a new position in shares of NETSTREIT during the 4th quarter valued at approximately $45,000.

Analysts Set New Price Targets

A number of research analysts recently weighed in on NTST shares. Stifel Nicolaus raised their target price on shares of NETSTREIT from $22.25 to $23.50 and gave the company a “buy” rating in a report on Thursday, July 23rd. Cantor Fitzgerald upped their price target on shares of NETSTREIT from $24.00 to $25.00 and gave the company an “overweight” rating in a research note on Tuesday. Scotiabank lowered their price objective on shares of NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Jefferies Financial Group assumed coverage on shares of NETSTREIT in a research note on Monday, June 1st. They issued a “buy” rating and a $23.00 price objective for the company. Finally, UBS Group set a $22.00 target price on shares of NETSTREIT in a report on Thursday, June 18th. Thirteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $23.04.

Insider Buying and Selling at NETSTREIT

In other news, CEO Mark Manheimer bought 5,000 shares of NETSTREIT stock in a transaction dated 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 completion of the purchase, the chief executive officer owned 415,260 shares in the company, valued at $7,968,839.40. The trade was a 1.22% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 0.66% of the company’s stock.

NETSTREIT Stock Performance

NYSE NTST opened at $21.98 on Wednesday. The company has a market cap of $2.23 billion, a P/E ratio of 146.50, a P/E/G ratio of 2.81 and a beta of 0.82. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.54 and a current ratio of 3.55. The business’s 50 day moving average price is $20.79 and its 200-day moving average price is $20.09. NETSTREIT Corp. has a fifty-two week low of $17.02 and a fifty-two week high of $22.47.

NETSTREIT (NYSE:NTST) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate 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 net margin of 6.35% and a return on equity of 0.95%. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. Sell-side analysts predict that NETSTREIT Corp. will post 1.31 earnings per share for the current year.

NETSTREIT Cuts Dividend

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

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.