Quantbot Technologies LP Purchases New Stake in NETSTREIT Corp. $NTST

Quantbot Technologies LP acquired a new stake in shares of NETSTREIT Corp. (NYSE:NTST) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 317,749 shares of the company’s stock, valued at approximately $6,714,000.

A number of other hedge funds have also recently added to or reduced their stakes in NTST. BlackRock Inc. bought a new stake in NETSTREIT during the second quarter valued at $404,780,000. Principal Financial Group Inc. lifted its position in shares of NETSTREIT by 3.4% in the 1st quarter. Principal Financial Group Inc. now owns 9,535,801 shares of the company’s stock worth $179,560,000 after buying an additional 309,453 shares during the last quarter. Alyeska Investment Group L.P. boosted its holdings in shares of NETSTREIT by 171.6% in the 4th quarter. Alyeska Investment Group L.P. now owns 4,027,188 shares of the company’s stock valued at $71,040,000 after buying an additional 2,544,458 shares during the period. Hudson Bay Capital Management LP boosted its holdings in shares of NETSTREIT by 4.3% in the 4th quarter. Hudson Bay Capital Management LP now owns 3,956,426 shares of the company’s stock valued at $69,791,000 after buying an additional 161,787 shares during the period. Finally, Millennium Management LLC grew its holdings in shares of NETSTREIT by 88.8% during the third quarter. Millennium Management LLC now owns 3,790,130 shares of the company’s stock valued at $68,450,000 after purchasing an additional 1,782,158 shares during the last quarter.

Insider Activity at NETSTREIT

In related news, CEO Mark Manheimer purchased 5,000 shares of NETSTREIT stock in a transaction dated Thursday, June 18th. The stock was bought at an average cost of $19.19 per share, with a total value of $95,950.00. Following the purchase, the chief executive officer owned 415,260 shares in the company, valued at approximately $7,968,839.40. The trade was a 1.22% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. BMO Capital Markets boosted their price objective on NETSTREIT from $24.00 to $25.00 and gave the company an “outperform” rating in a research report on Monday, July 20th. UBS Group set a $22.00 target price on NETSTREIT in a research report on Thursday, June 18th. Cantor Fitzgerald raised their target price on NETSTREIT from $24.00 to $25.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Weiss Ratings reissued a “hold (c+)” rating on shares of NETSTREIT in a report on Friday, August 7th. Finally, Scotiabank lowered their price target 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. Thirteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, NETSTREIT presently has an average rating of “Moderate Buy” and an average price target of $23.19.

NETSTREIT Stock Down 1.3%

NTST opened at $20.35 on Friday. NETSTREIT Corp. has a 12 month low of $17.02 and a 12 month high of $22.47. The company has a debt-to-equity ratio of 0.88, a current ratio of 3.55 and a quick ratio of 3.54. The stock has a market cap of $2.07 billion, a P/E ratio of 135.67, a P/E/G ratio of 2.63 and a beta of 0.81. The stock’s 50 day moving average price is $21.02 and its 200 day moving average price is $20.41.

NETSTREIT (NYSE:NTST) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02). The business had revenue of $61.28 million during the quarter, compared to the consensus estimate 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. As a group, research analysts predict that NETSTREIT Corp. will post 1.31 earnings per share for the current year.

NETSTREIT Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.225 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.90 annualized dividend and a yield of 4.4%. NETSTREIT’s dividend payout ratio (DPR) 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.