Dockside LLC Invests $1.20 Million in NETSTREIT Corp. $NTST

Key Points

• Dockside LLC acquired 56,884 NETSTREIT shares worth approximately $1.2 million, representing about 0.06% of the company. Other institutional investors also increased their positions, while CEO Mark Manheimer bought 5,000 shares.
• NETSTREIT reported quarterly revenue of $61.28 million, exceeding expectations, but EPS of $0.06 fell short of the $0.08 consensus estimate. The company set fiscal 2026 EPS guidance at $1.37–$1.39.
• The company declared a quarterly dividend of $0.225 per share, equivalent to a 4.3% annualized yield, while analysts maintain a consensus “Moderate Buy” rating and a $23.19 price target.

Dockside LLC acquired a new stake in NETSTREIT Corp. (NYSE:NTST - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 56,884 shares of the company's stock, valued at approximately $1,202,000. Dockside LLC owned approximately 0.06% of NETSTREIT at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Easterly Investment Partners LLC purchased a new stake in shares of NETSTREIT during the fourth quarter worth approximately $9,422,000. OVERSEA CHINESE BANKING Corp Ltd lifted its stake in NETSTREIT by 23.4% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 173,322 shares of the company's stock worth $3,057,000 after acquiring an additional 32,900 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in NETSTREIT by 111.3% in the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 342,800 shares of the company's stock worth $6,047,000 after acquiring an additional 180,600 shares during the last quarter. Centersquare Investment Management LLC grew its holdings in NETSTREIT by 3.4% during the 4th quarter. Centersquare Investment Management LLC now owns 3,653,585 shares of the company's stock worth $64,449,000 after acquiring an additional 120,170 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in NETSTREIT by 3.0% during the 4th quarter. Principal Financial Group Inc. now owns 9,226,348 shares of the company's stock worth $162,753,000 after acquiring an additional 268,275 shares in the last quarter.

Insider Activity at NETSTREIT

In other NETSTREIT news, CEO Mark Manheimer bought 5,000 shares of the business's stock in a transaction dated Thursday, June 18th. The shares were acquired at an average cost of $19.19 per share, with a total value of $95,950.00. Following the acquisition, the chief executive officer directly owned 415,260 shares of the company's stock, valued at $7,968,839.40. The trade was a 1.22% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 0.66% of the stock is owned by insiders.

NETSTREIT Stock Up 0.5%

NETSTREIT stock opened at $20.71 on Friday. The company has a market capitalization of $2.10 billion, a P/E ratio of 138.09, a PEG ratio of 2.65 and a beta of 0.81. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.54 and a current ratio of 3.55. NETSTREIT Corp. has a fifty-two week low of $17.02 and a fifty-two week high of $22.47. The stock has a 50-day simple moving average of $20.99 and a 200-day simple moving average of $20.34.

NETSTREIT (NYSE:NTST - Get Free Report) last released its quarterly 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 firm had revenue of $61.28 million for the quarter, compared to analysts' expectations 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 research analysts expect that NETSTREIT Corp. will post 1.31 earnings per share for the current 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. The ex-dividend date is Tuesday, September 1st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.3%. NETSTREIT's dividend payout ratio (DPR) is 586.67%.

Wall Street Analysts Forecast Growth

NTST has been the subject of several recent analyst reports. Truist Financial lifted their price objective on shares of NETSTREIT from $21.00 to $22.00 and gave the stock a "buy" rating in a research report on Monday, May 11th. BMO Capital Markets increased their target price on NETSTREIT from $24.00 to $25.00 and gave the company an "outperform" rating in a report on Monday, July 20th. Citigroup restated a "neutral" rating on shares of NETSTREIT in a research note on Friday, April 24th. Robert W. Baird lifted their price target on NETSTREIT from $22.00 to $23.00 and gave the stock an "outperform" rating in a report on Thursday, July 23rd. Finally, Cantor Fitzgerald upped their price objective on NETSTREIT from $24.00 to $25.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 28th. Thirteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from 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.

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