Mitsubishi UFJ Asset Management Co. Ltd. Makes New Investment in NETSTREIT Corp. $NTST

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in NETSTREIT Corp. (NYSE:NTST - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 84,768 shares of the company's stock, valued at approximately $1,791,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.08% of NETSTREIT as of its most recent SEC filing.

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

Insider Activity at NETSTREIT

In other news, CEO Mark Manheimer acquired 5,000 shares of the business's stock in a transaction dated Thursday, June 18th. The stock was purchased at an average price 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 in the company, valued at approximately $7,968,839.40. This trade represents a 1.22% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.66% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have recently commented on NTST shares. Jefferies Financial Group restated a "buy" rating and set a $25.00 price objective on shares of NETSTREIT in a research report on Wednesday, July 29th. Cantor Fitzgerald increased their price target on NETSTREIT from $24.00 to $25.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 28th. Robert W. Baird raised their price target on NETSTREIT from $22.00 to $23.00 and gave the company an "outperform" rating in a report on Thursday, July 23rd. UBS Group set a $22.00 price objective on NETSTREIT in a research report on Thursday, June 18th. Finally, BTIG Research upped their price objective on NETSTREIT from $22.00 to $24.00 and gave the stock a "buy" rating in a research note on Friday, June 26th. Thirteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $23.19.

NETSTREIT Trading Down 1.3%

NETSTREIT stock 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 firm's 50 day moving average price is $21.02 and its 200-day moving average price is $20.41. 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 cap of $2.07 billion, a P/E ratio of 135.67, a PEG ratio of 2.66 and a beta of 0.81.

NETSTREIT (NYSE:NTST - Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by ($0.02). The company 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 analysts predict that NETSTREIT Corp. will post 1.31 earnings per share for the current fiscal year.

NETSTREIT Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Tuesday, September 1st. NETSTREIT's dividend payout ratio is 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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