GSA Capital Partners LLP Buys New Shares in NETSTREIT Corp. $NTST

GSA Capital Partners LLP purchased a new position in shares of NETSTREIT Corp. (NYSE:NTST) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 230,352 shares of the company’s stock, valued at approximately $4,867,000. NETSTREIT comprises 0.3% of GSA Capital Partners LLP’s investment portfolio, making the stock its 15th largest holding. GSA Capital Partners LLP owned 0.23% of NETSTREIT at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of NTST. Royal Bank of Canada boosted its holdings in shares of NETSTREIT by 343.1% in the 1st quarter. Royal Bank of Canada now owns 36,730 shares of the company’s stock valued at $582,000 after purchasing an additional 28,441 shares during the last quarter. Amundi increased its holdings in shares of NETSTREIT by 1.6% during the 1st quarter. Amundi now owns 45,361 shares of the company’s stock worth $709,000 after buying an additional 704 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of NETSTREIT by 10.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,757 shares of the company’s stock worth $773,000 after buying an additional 4,501 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of NETSTREIT by 3.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 499,346 shares of the company’s stock worth $7,915,000 after buying an additional 17,188 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of NETSTREIT by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 567,532 shares of the company’s stock worth $8,995,000 after buying an additional 42,121 shares during the period.

Analyst Ratings Changes

A number of research firms have issued reports on NTST. BTIG Research boosted their price target on NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Friday, June 26th. Weiss Ratings restated a “hold (c+)” rating on shares of NETSTREIT in a report on Friday, August 7th. BMO Capital Markets lifted 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. Robert W. Baird boosted their target price 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 increased their target price on shares of NETSTREIT from $24.00 to $25.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 28th. Thirteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, NETSTREIT has a consensus rating of “Moderate Buy” and a consensus price target of $23.19.

Insider Buying and Selling

In related news, CEO Mark Manheimer purchased 5,000 shares of NETSTREIT stock in a transaction that occurred on Thursday, June 18th. The shares were purchased at an average cost of $19.19 per share, with a total value of $95,950.00. Following the transaction, the chief executive officer owned 415,260 shares of the company’s stock, valued at approximately $7,968,839.40. The trade was a 1.22% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.66% of the company’s stock.

NETSTREIT Stock Up 0.5%

Shares of NYSE NTST opened at $20.71 on Friday. NETSTREIT Corp. has a 12-month low of $17.02 and a 12-month high of $22.47. The company has a market cap of $2.10 billion, a P/E ratio of 138.09, a P/E/G ratio of 2.67 and a beta of 0.81. The company has a current ratio of 3.55, a quick ratio of 3.54 and a debt-to-equity ratio of 0.88. The stock has a fifty day moving average price of $20.99 and a 200 day moving average price of $20.34.

NETSTREIT (NYSE:NTST) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.02). The company had revenue of $61.28 million during the quarter, compared to analysts’ expectations 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. Research analysts anticipate that NETSTREIT Corp. will post 1.31 EPS for the current fiscal year.

NETSTREIT Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a dividend of $0.225 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.90 annualized dividend and a yield of 4.3%. NETSTREIT’s 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.