NETSTREIT Corp. $NTST Shares Sold by Susquehanna International Group LLP

Susquehanna International Group LLP cut its stake in shares of NETSTREIT Corp. (NYSE:NTST) by 82.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 34,312 shares of the company’s stock after selling 165,514 shares during the period. Susquehanna International Group LLP’s holdings in NETSTREIT were worth $725,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of NETSTREIT during the second quarter worth $404,780,000. Principal Financial Group Inc. raised its position in NETSTREIT by 3.4% during 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. lifted its stake 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 worth $71,040,000 after acquiring an additional 2,544,458 shares during the period. Hudson Bay Capital Management LP lifted its stake 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 worth $69,791,000 after acquiring an additional 161,787 shares during the period. Finally, Millennium Management LLC boosted its holdings in shares of NETSTREIT by 88.8% in the third quarter. Millennium Management LLC now owns 3,790,130 shares of the company’s stock valued at $68,450,000 after acquiring an additional 1,782,158 shares in the last quarter.

NETSTREIT Trading Down 0.4%

Shares of NETSTREIT stock opened at $20.38 on Tuesday. NETSTREIT Corp. has a fifty-two week low of $17.02 and a fifty-two week high of $22.47. The business’s fifty day moving average is $21.15 and its two-hundred day moving average is $20.48. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88. The firm has a market cap of $2.07 billion, a PE ratio of 135.87, a P/E/G ratio of 2.64 and a beta of 0.81.

NETSTREIT (NYSE:NTST) last announced its quarterly earnings data 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). NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.The company had revenue of $61.28 million for the quarter, compared to analysts’ expectations of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. Analysts anticipate that NETSTREIT Corp. will post 1.31 earnings per share for the current year.

NETSTREIT Cuts Dividend

The company also recently declared 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 is Tuesday, September 1st. This represents a $0.90 annualized dividend and a yield of 4.4%. NETSTREIT’s dividend payout ratio is currently 586.67%.

Insider Buying and Selling

In related news, CEO Mark Manheimer acquired 5,000 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were bought at an average cost of $19.19 per share, with a total value of $95,950.00. Following the completion of the transaction, the chief executive officer directly owned 415,260 shares of the company’s stock, valued at $7,968,839.40. This trade represents a 1.22% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.66% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on NTST shares. Robert W. Baird increased their price target on shares of NETSTREIT from $22.00 to $23.00 and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Truist Financial increased their price objective on NETSTREIT from $21.00 to $22.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Jefferies Financial Group restated a “buy” rating and set a $25.00 target price on shares of NETSTREIT in a research report on Wednesday, July 29th. BTIG Research upped their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Finally, Cantor Fitzgerald raised their price objective on shares of NETSTREIT from $24.00 to $25.00 and gave the company an “overweight” rating in a research note on Tuesday, July 28th. Thirteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.19.

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.