VIRGINIA RETIREMENT SYSTEMS ET Al Has $6.05 Million Stock Position in NETSTREIT Corp. $NTST

VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in shares of NETSTREIT Corp. (NYSE:NTST) by 111.3% in the 4th quarter, HoldingsChannel reports. The firm owned 342,800 shares of the company’s stock after acquiring an additional 180,600 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in NETSTREIT were worth $6,047,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. grew its stake in NETSTREIT by 11.9% during the third quarter. Principal Financial Group Inc. now owns 8,958,073 shares of the company’s stock worth $161,783,000 after purchasing an additional 955,951 shares during the period. AlphaQuest LLC grew its stake in NETSTREIT by 100.7% in the third quarter. AlphaQuest LLC now owns 193,566 shares of the company’s stock valued at $3,496,000 after acquiring an additional 97,116 shares during the period. Allianz Asset Management GmbH grew its stake in NETSTREIT by 76.1% in the third quarter. Allianz Asset Management GmbH now owns 79,454 shares of the company’s stock valued at $1,435,000 after acquiring an additional 34,334 shares during the period. Vanguard Group Inc. grew its stake in NETSTREIT by 7.8% in the third quarter. Vanguard Group Inc. now owns 8,961,288 shares of the company’s stock valued at $161,841,000 after acquiring an additional 646,153 shares during the period. Finally, Jupiter Asset Management Ltd. acquired a new stake in NETSTREIT in the third quarter valued at approximately $3,277,000.

NETSTREIT Trading Down 1.2%

NTST opened at $20.48 on Thursday. The stock’s fifty day moving average is $20.09 and its two-hundred day moving average is $19.02. The company has a market capitalization of $1.99 billion, a P/E ratio of 157.58, a PEG ratio of 2.81 and a beta of 0.85. NETSTREIT Corp. has a 52 week low of $15.23 and a 52 week high of $21.30. The company has a quick ratio of 2.84, a current ratio of 2.84 and a debt-to-equity ratio of 0.81.

NETSTREIT (NYSE:NTST) last released its quarterly earnings data on Monday, April 20th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.01). The firm had revenue of $57.06 million for the quarter, compared to analysts’ expectations of $50.10 million. NETSTREIT had a return on equity of 0.78% and a net margin of 5.29%.NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. Analysts forecast that NETSTREIT Corp. will post 1.3 earnings per share for the current year.

NETSTREIT Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a dividend of $0.88 per share. This is a boost 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 annualized dividend and a yield of 17.2%. NETSTREIT’s payout ratio is 676.92%.

Analyst Upgrades and Downgrades

NTST has been the subject of several research analyst reports. BMO Capital Markets initiated coverage on NETSTREIT in a report on Friday, April 17th. They issued an “outperform” rating and a $24.00 price objective for the company. Stifel Nicolaus lifted their price target on NETSTREIT from $21.00 to $22.25 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Truist Financial lifted their price target on NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a research report on Monday. Raymond James Financial lowered NETSTREIT from a “strong-buy” rating to an “outperform” rating and lifted their price target for the company from $21.00 to $22.00 in a research report on Tuesday, March 17th. Finally, Scotiabank lifted their price target on NETSTREIT from $22.00 to $23.00 and gave the company an “outperform” rating in a research report on Tuesday. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $22.25.

Insider Transactions at NETSTREIT

In other NETSTREIT news, Director Robin Mcbride Zeigler sold 7,192 shares of the stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $20.85, for a total transaction of $149,953.20. Following the sale, the director owned 18,344 shares of the company’s stock, valued at approximately $382,472.40. This trade represents a 28.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.66% of the company’s stock.

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.