2,110,237 Shares in NETSTREIT Corp. $NTST Purchased by Deutsche Bank AG

Key Points

• Deutsche Bank acquired 2.11 million NETSTREIT shares in the second quarter, valued at approximately $44.6 million and representing a 2.08% stake.
• Analysts remain broadly positive, with 13 Buy ratings and two Holds, producing a consensus “Moderate Buy” rating and an average price target of $23.19.
• NETSTREIT’s shares opened at $20.35, while the company reported quarterly revenue above expectations but missed on earnings; it declared a quarterly dividend of $0.225, equivalent to a 4.4% yield.

Deutsche Bank AG acquired a new stake in NETSTREIT Corp. (NYSE:NTST - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,110,237 shares of the company's stock, valued at approximately $44,589,000. Deutsche Bank AG owned approximately 2.08% of NETSTREIT at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of NTST. Loomis Sayles & Co. L P lifted its stake in shares of NETSTREIT by 959.0% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company's stock valued at $26,000 after acquiring an additional 1,333 shares during the period. EverSource Wealth Advisors LLC increased its position in NETSTREIT by 1,123.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company's stock worth $30,000 after purchasing an additional 1,640 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in NETSTREIT by 36.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company's stock worth $43,000 after purchasing an additional 650 shares during the period. Kestra Advisory Services LLC bought a new stake in NETSTREIT during the 4th quarter worth about $44,000. Finally, Inspire Investing LLC bought a new stake in NETSTREIT during the 4th quarter worth about $45,000.

Analyst Ratings Changes

NTST has been the subject of a number of analyst reports. Citigroup reaffirmed a "neutral" rating on shares of NETSTREIT in a research note on Friday, April 24th. Robert W. Baird raised their target price on NETSTREIT from $22.00 to $23.00 and gave the stock an "outperform" rating in a report on Thursday, July 23rd. UBS Group set a $22.00 target price on NETSTREIT in a research report on Thursday, June 18th. BMO Capital Markets upped their price target on NETSTREIT from $24.00 to $25.00 and gave the company an "outperform" rating in a research note on Monday, July 20th. Finally, BTIG Research increased their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the company a "buy" rating in a research report on Friday, June 26th. Thirteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, NETSTREIT currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.19.

NETSTREIT Stock Down 1.3%

NYSE:NTST opened at $20.35 on Friday. NETSTREIT Corp. has a 1 year low of $17.02 and a 1 year high of $22.47. The company has a current ratio of 3.55, a quick ratio of 3.54 and a debt-to-equity ratio of 0.88. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 135.67, a PEG ratio of 2.66 and a beta of 0.81. The stock has a 50-day moving average price of $21.02 and a two-hundred day moving average price of $20.41.

NETSTREIT (NYSE:NTST - Get Free Report) last released 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 net margin of 6.35% and a return on equity of 0.95%. The business had revenue of $61.28 million for the quarter, compared to the consensus estimate of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. As a group, equities analysts expect that NETSTREIT Corp. will post 1.31 earnings per share for the current year.

NETSTREIT Cuts Dividend

The business 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. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.90 dividend on an annualized basis and a yield of 4.4%. NETSTREIT's payout ratio is presently 586.67%.

Insider Buying and Selling at NETSTREIT

In related news, CEO Mark Manheimer acquired 5,000 shares of the stock in a transaction dated Thursday, June 18th. The stock was bought at an average price 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 approximately $7,968,839.40. The trade was a 1.22% increase in their ownership of the stock. The transaction 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.

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.

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