NETSTREIT Corp. $NTST Shares Sold by Susquehanna International Group LLP

Key Points

• Susquehanna International Group LLP reduced its NETSTREIT stake by 82.8% in the second quarter, selling 165,514 shares and retaining 34,312 shares valued at approximately $725,000.
• NETSTREIT reported quarterly EPS of $0.06, missing the $0.08 consensus estimate, although revenue of $61.28 million exceeded expectations. The company reaffirmed fiscal 2026 EPS guidance of $1.37–$1.39.
• Analysts maintain a generally positive outlook, with 13 Buy ratings and two Holds producing a “Moderate Buy” consensus and a $23.19 price target, versus a share price of $20.38.

Susquehanna International Group LLP cut its stake in NETSTREIT Corp. (NYSE:NTST - Free Report) by 82.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,312 shares of the company's stock after selling 165,514 shares during the quarter. Susquehanna International Group LLP's holdings in NETSTREIT were worth $725,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Loomis Sayles & Co. L P boosted its stake in NETSTREIT by 959.0% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company's stock worth $26,000 after buying an additional 1,333 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of NETSTREIT by 1,123.3% in 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 period. Kestra Advisory Services LLC acquired a new stake in shares of NETSTREIT during the fourth quarter worth about $44,000. Inspire Investing LLC acquired a new stake in shares of NETSTREIT during the fourth quarter worth about $45,000. Finally, Fulcrum Asset Management LLP purchased a new position in shares of NETSTREIT in the fourth quarter valued at approximately $64,000.

NETSTREIT Trading Down 0.4%

NTST opened at $20.38 on Tuesday. 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 one year low of $17.02 and a one year high of $22.47. The company has a market cap of $2.07 billion, a P/E ratio of 135.87, a PEG ratio of 2.64 and a beta of 0.81. The business's 50-day simple moving average is $21.15 and its 200-day simple moving average is $20.48.

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

NETSTREIT Cuts Dividend

The company 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 4.4%. NETSTREIT's payout ratio is 586.67%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Robert W. Baird increased their target price on shares of NETSTREIT from $22.00 to $23.00 and gave the stock an "outperform" rating in a report on Thursday, July 23rd. BMO Capital Markets increased their price objective on NETSTREIT from $24.00 to $25.00 and gave the company an "outperform" rating in a research note on Monday, July 20th. Truist Financial lifted their target price on NETSTREIT from $21.00 to $22.00 and gave the company a "buy" rating in a report on Monday, May 11th. Jefferies Financial Group reissued a "buy" rating and set a $25.00 target price on shares of NETSTREIT in a research note on Wednesday, July 29th. Finally, Wells Fargo & Company increased their price target on NETSTREIT from $22.00 to $23.00 and gave the company an "overweight" rating in a research report on Monday, June 1st. 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 stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.19.

Insider Activity

In other news, CEO Mark Manheimer purchased 5,000 shares of the company's stock in a transaction that occurred on Thursday, June 18th. The shares were purchased at an average price of $19.19 per share, for a total transaction of $95,950.00. Following the purchase, the chief executive officer directly owned 415,260 shares of the company's stock, valued at $7,968,839.40. This represents a 1.22% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.66% of the stock is currently owned by company insiders.

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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