GSA Capital Partners LLP Reduces Stock Holdings in NETSTREIT Corp. $NTST

GSA Capital Partners LLP decreased its position in NETSTREIT Corp. (NYSE:NTST) by 28.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 119,803 shares of the company’s stock after selling 47,082 shares during the period. GSA Capital Partners LLP’s holdings in NETSTREIT were worth $2,113,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Principal Financial Group Inc. lifted its position in shares of NETSTREIT by 3.0% during the fourth 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. Vanguard Group Inc. lifted its position in shares of NETSTREIT by 7.8% during the third quarter. Vanguard Group Inc. now owns 8,961,288 shares of the company’s stock worth $161,841,000 after acquiring an additional 646,153 shares in the last quarter. Hudson Bay Capital Management LP lifted its position in shares of NETSTREIT by 35.1% during the third quarter. Hudson Bay Capital Management LP now owns 3,794,639 shares of the company’s stock worth $68,531,000 after acquiring an additional 986,842 shares in the last quarter. Millennium Management LLC lifted its position in shares of NETSTREIT by 88.8% during the third quarter. Millennium Management LLC now owns 3,790,130 shares of the company’s stock worth $68,450,000 after acquiring an additional 1,782,158 shares in the last quarter. Finally, Centersquare Investment Management LLC lifted its position in shares of NETSTREIT by 37.9% during the third quarter. Centersquare Investment Management LLC now owns 3,533,415 shares of the company’s stock worth $63,813,000 after acquiring an additional 970,260 shares in the last quarter.

NETSTREIT Stock Down 1.2%

Shares of NYSE:NTST opened at $20.51 on Wednesday. The stock’s 50-day moving average price is $20.06 and its 200-day moving average price is $19.06. NETSTREIT Corp. has a 12-month low of $15.37 and a 12-month high of $21.30. The stock has a market capitalization of $2.00 billion, a P/E ratio of 157.81, a price-to-earnings-growth ratio of 2.80 and a beta of 0.85. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 0.81.

NETSTREIT (NYSE:NTST) last announced its quarterly earnings data on Monday, April 20th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). NETSTREIT had a net margin of 5.29% and a return on equity of 0.78%. The company had revenue of $57.06 million for the quarter, compared to the consensus estimate of $50.10 million. NETSTREIT has set its FY 2026 guidance at 1.360-1.390 EPS. On average, equities analysts anticipate that NETSTREIT Corp. will post 1.3 earnings per share for the current year.

NETSTREIT Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a dividend of $0.88 per share. This is an increase from NETSTREIT’s previous quarterly dividend of $0.22. This represents a $3.52 dividend on an annualized basis and a dividend yield of 17.2%. The ex-dividend date is Monday, June 1st. NETSTREIT’s dividend payout ratio (DPR) is currently 676.92%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NTST. BMO Capital Markets began coverage on shares of NETSTREIT in a report on Friday, April 17th. They issued an “outperform” rating and a $24.00 price target on the stock. Raymond James Financial cut shares of NETSTREIT from a “strong-buy” rating to an “outperform” rating and upped their price target for the stock from $21.00 to $22.00 in a report on Tuesday, March 17th. Mizuho upped their price target on shares of NETSTREIT from $19.00 to $23.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. Cantor Fitzgerald increased their target price on NETSTREIT from $22.00 to $24.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Finally, UBS Group increased their target price on NETSTREIT from $21.00 to $24.00 and gave the company a “buy” rating in a research note on Monday, March 9th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, NETSTREIT currently has an average rating of “Moderate Buy” and an average price target of $22.25.

Insider Buying and Selling at NETSTREIT

In other news, Director Robin Mcbride Zeigler sold 7,192 shares of the stock in a transaction dated Thursday, April 23rd. The shares were sold at an average price of $20.85, for a total transaction of $149,953.20. Following the completion of the sale, the director directly owned 18,344 shares in the company, valued at approximately $382,472.40. This represents a 28.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.66% of the company’s stock.

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.