Deutsche Bank AG Buys New Position in NETSTREIT Corp. $NTST

Deutsche Bank AG bought a new stake in NETSTREIT Corp. (NYSE:NTST) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,110,237 shares of the company’s stock, valued at approximately $44,589,000.

A number of other large investors have also recently bought and sold shares of NTST. PNC Financial Services Group Inc. raised its holdings in shares of NETSTREIT by 13.8% in the first quarter. PNC Financial Services Group Inc. now owns 4,539 shares of the company’s stock valued at $85,000 after purchasing an additional 549 shares during the last quarter. CWM LLC grew its position in NETSTREIT by 9.8% in the fourth quarter. CWM LLC now owns 6,841 shares of the company’s stock valued at $121,000 after purchasing an additional 608 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew 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 valued at $43,000 after purchasing an additional 650 shares in the last quarter. Amundi increased its stake in NETSTREIT by 1.6% in the 1st quarter. Amundi now owns 45,361 shares of the company’s stock valued at $709,000 after buying an additional 704 shares during the last quarter. Finally, Mariner LLC lifted its position in NETSTREIT by 3.6% during the 4th quarter. Mariner LLC now owns 20,725 shares of the company’s stock worth $366,000 after buying an additional 722 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on NTST shares. Stifel Nicolaus increased their price objective on shares of NETSTREIT from $22.25 to $23.50 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Truist Financial upped their target price on NETSTREIT from $21.00 to $22.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Cantor Fitzgerald increased their price target on NETSTREIT from $24.00 to $25.00 and gave the company an “overweight” rating in a research report on Tuesday, July 28th. Jefferies Financial Group restated a “buy” rating and issued a $25.00 price target on shares of NETSTREIT in a research note on Wednesday, July 29th. Finally, Citigroup reiterated a “neutral” rating on shares of NETSTREIT in a research note on Friday, April 24th. 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.19.

Insiders Place Their Bets

In other news, CEO Mark Manheimer bought 5,000 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were 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 owned 415,260 shares of the company’s stock, valued at $7,968,839.40. This trade represents a 1.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.66% of the stock is currently owned by corporate insiders.

NETSTREIT Stock Down 1.3%

Shares of NTST stock opened at $20.35 on Friday. NETSTREIT Corp. has a 52-week low of $17.02 and a 52-week high of $22.47. 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 firm’s 50-day moving average is $21.02 and its 200-day moving average is $20.41. 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 (NYSE:NTST) last posted its quarterly earnings results on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The business 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. Sell-side analysts predict that NETSTREIT Corp. will post 1.31 EPS for the current year.

NETSTREIT Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.225 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.90 annualized dividend and a dividend yield of 4.4%. NETSTREIT’s dividend payout ratio is presently 586.67%.

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.