Dimensional Fund Advisors LP Raises Stake in NETSTREIT Corp. $NTST

Dimensional Fund Advisors LP increased its position in shares of NETSTREIT Corp. (NYSE:NTST - Free Report) by 10.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,277,708 shares of the company's stock after purchasing an additional 121,770 shares during the period. Dimensional Fund Advisors LP owned 1.31% of NETSTREIT worth $24,060,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Principal Financial Group Inc. boosted its stake in shares of NETSTREIT by 3.4% in the first quarter. Principal Financial Group Inc. now owns 9,535,801 shares of the company's stock worth $179,560,000 after acquiring an additional 309,453 shares during the period. Alyeska Investment Group L.P. raised its stake in NETSTREIT by 171.6% during the 4th quarter. Alyeska Investment Group L.P. now owns 4,027,188 shares of the company's stock valued at $71,040,000 after purchasing an additional 2,544,458 shares during the period. Hudson Bay Capital Management LP lifted its holdings in 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 purchasing an additional 161,787 shares in the last quarter. Millennium Management LLC lifted its holdings in NETSTREIT by 88.8% in the 3rd quarter. Millennium Management LLC now owns 3,790,130 shares of the company's stock worth $68,450,000 after purchasing an additional 1,782,158 shares in the last quarter. Finally, Centersquare Investment Management LLC boosted its stake in NETSTREIT by 3.4% in the 4th quarter. Centersquare Investment Management LLC now owns 3,653,585 shares of the company's stock worth $64,449,000 after purchasing an additional 120,170 shares during the period.

Insider Activity

In other NETSTREIT news, CEO Mark Manheimer purchased 5,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was purchased at an average price of $19.19 per share, with a total value of $95,950.00. Following the acquisition, the chief executive officer owned 415,260 shares in the company, 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 filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.66% of the company's stock.

Wall Street Analyst Weigh In

NTST has been the subject of a number of research analyst reports. Cantor Fitzgerald increased their price objective on shares of NETSTREIT from $24.00 to $25.00 and gave the company an "overweight" rating in a report on Tuesday, July 28th. Scotiabank lowered their target price on shares of NETSTREIT from $23.00 to $22.00 and set a "sector outperform" rating on the stock in a report on Thursday, June 18th. Weiss Ratings upgraded shares of NETSTREIT from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, May 12th. Jefferies Financial Group reaffirmed a "buy" rating and set a $25.00 target price on shares of NETSTREIT in a research note on Wednesday, July 29th. Finally, Truist Financial lifted their price target on shares of NETSTREIT from $21.00 to $22.00 and gave the company a "buy" rating in a report on Monday, May 11th. Thirteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $23.19.

NETSTREIT Stock Down 0.5%

Shares of NTST opened at $21.04 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 3.55 and a quick ratio of 3.54. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 140.25, a price-to-earnings-growth ratio of 2.72 and a beta of 0.81. NETSTREIT Corp. has a 1 year low of $17.02 and a 1 year high of $22.47. The business's 50 day simple moving average is $20.93 and its 200-day simple moving average is $20.27.

NETSTREIT (NYSE:NTST - Get Free Report) last announced its quarterly earnings results 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). The business had revenue of $61.28 million during 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. As a group, equities analysts expect that NETSTREIT Corp. will post 1.31 earnings per share for the current fiscal year.

NETSTREIT Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Tuesday, September 1st. NETSTREIT's dividend payout ratio is currently 586.67%.

NETSTREIT 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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