Hsbc Holdings PLC Raises Stock Holdings in NETSTREIT Corp. $NTST

Hsbc Holdings PLC grew its stake in shares of NETSTREIT Corp. (NYSE:NTST) by 33.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 448,926 shares of the company’s stock after acquiring an additional 112,169 shares during the quarter. Hsbc Holdings PLC owned about 0.44% of NETSTREIT worth $9,579,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Loomis Sayles & Co. L P boosted its holdings in NETSTREIT by 959.0% in the fourth quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock worth $26,000 after purchasing an additional 1,333 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in NETSTREIT by 1,123.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock valued at $30,000 after buying an additional 1,640 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in NETSTREIT during the 4th quarter valued at $44,000. Inspire Investing LLC bought a new position in shares of NETSTREIT during the 4th quarter valued at $45,000. Finally, Fulcrum Asset Management LLP purchased a new position in shares of NETSTREIT in the 4th quarter worth $64,000.

NETSTREIT Stock Down 1.0%

NTST stock opened at $20.02 on Thursday. The business’s 50-day moving average price is $21.06 and its 200-day moving average price is $20.49. The stock has a market cap of $2.03 billion, a P/E ratio of 133.50, a PEG ratio of 2.62 and a beta of 0.80. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88. NETSTREIT Corp. has a twelve month low of $17.02 and a twelve month high of $22.47.

NETSTREIT (NYSE:NTST) last released its earnings results on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The firm had revenue of $61.28 million for 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. On average, equities research analysts forecast that NETSTREIT Corp. will post 1.3 EPS for the current year.

NETSTREIT Cuts Dividend

The firm 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 $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date is Tuesday, September 1st. NETSTREIT’s dividend payout ratio is presently 600.00%.

Insider Buying and Selling

In other NETSTREIT news, CEO Mark Manheimer acquired 5,000 shares of the stock in a transaction dated Thursday, June 18th. The shares were acquired at an average cost of $19.19 per share, for a total transaction 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 approximately $7,968,839.40. The trade was a 1.22% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.66% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NTST has been the subject of a number of research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of NETSTREIT in a research report on Friday, August 7th. Robert W. Baird upped their price target on shares of NETSTREIT from $22.00 to $23.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. UBS Group set a $22.00 price objective on shares of NETSTREIT in a research note on Thursday, June 18th. Scotiabank cut their target price 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. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $25.00 price target on shares of NETSTREIT in a research report on Wednesday, July 29th. Thirteen equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.19.

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.