OVERSEA CHINESE BANKING Corp Ltd Buys New Shares in NETSTREIT Corp. $NTST

OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of NETSTREIT Corp. (NYSE:NTST) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 133,937 shares of the company’s stock, valued at approximately $2,830,000. OVERSEA CHINESE BANKING Corp Ltd owned approximately 0.13% of NETSTREIT as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of NETSTREIT by 343.1% in the 1st quarter. Royal Bank of Canada now owns 36,730 shares of the company’s stock valued at $582,000 after buying an additional 28,441 shares during the last quarter. Amundi increased its holdings in NETSTREIT by 1.6% during the first quarter. Amundi now owns 45,361 shares of the company’s stock worth $709,000 after buying an additional 704 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in NETSTREIT by 10.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,757 shares of the company’s stock worth $773,000 after buying an additional 4,501 shares during the last quarter. Goldman Sachs Group Inc. raised its position in NETSTREIT by 3.6% during the first quarter. Goldman Sachs Group Inc. now owns 499,346 shares of the company’s stock worth $7,915,000 after acquiring an additional 17,188 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in NETSTREIT by 8.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 567,532 shares of the company’s stock worth $8,995,000 after acquiring an additional 42,121 shares in the last quarter.

Wall Street Analyst Weigh In

NTST has been the subject of several recent analyst reports. BTIG Research raised their target price on shares of NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, June 26th. BMO Capital Markets boosted their price target on NETSTREIT from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Monday, July 20th. Wells Fargo & Company upped their price objective on NETSTREIT from $22.00 to $23.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Citigroup restated a “neutral” rating on shares of NETSTREIT in a research note on Friday, April 24th. Finally, Truist Financial raised their price objective on NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Thirteen equities 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, NETSTREIT currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.19.

NETSTREIT Price Performance

NYSE:NTST opened at $20.62 on Friday. The company has a market cap of $2.09 billion, a P/E ratio of 137.47, a P/E/G ratio of 2.65 and a beta of 0.81. The firm’s fifty day moving average price is $21.02 and its two-hundred day moving average price is $20.41. NETSTREIT Corp. has a one year low of $17.02 and a one year 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.

NETSTREIT (NYSE:NTST) last posted its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The company had revenue of $61.28 million for the quarter, compared to analyst estimates 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. Equities analysts expect that NETSTREIT Corp. will post 1.31 earnings per share for the current year.

NETSTREIT Cuts Dividend

The business 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 annualized dividend and a yield of 4.4%. NETSTREIT’s dividend payout ratio (DPR) is 586.67%.

Insider Transactions at NETSTREIT

In other news, CEO Mark Manheimer acquired 5,000 shares of NETSTREIT stock in a transaction dated Thursday, June 18th. The stock was bought at an average price of $19.19 per share, for a total transaction of $95,950.00. Following the completion of the acquisition, the chief executive officer directly 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 transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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.