OVERSEA CHINESE BANKING Corp Ltd Invests $2.83 Million in NETSTREIT Corp. $NTST

OVERSEA CHINESE BANKING Corp Ltd bought a new stake in NETSTREIT Corp. (NYSE:NTST) in the second quarter, HoldingsChannel.com reports. The firm bought 133,937 shares of the company’s stock, valued at approximately $2,830,000.

Several other institutional investors and hedge funds have also modified their holdings of NTST. Loomis Sayles & Co. L P raised its stake 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 purchasing an additional 1,333 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of NETSTREIT by 1,123.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock worth $30,000 after purchasing an additional 1,640 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of NETSTREIT by 36.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock worth $43,000 after purchasing an additional 650 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of NETSTREIT during the 4th quarter worth approximately $44,000. Finally, Inspire Investing LLC bought a new position in shares of NETSTREIT during the fourth quarter worth approximately $45,000.

Insider Buying and Selling

In other news, CEO Mark Manheimer acquired 5,000 shares of the stock in a transaction on Thursday, June 18th. The stock was acquired at an average cost 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 ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 0.66% of the stock is currently owned by corporate insiders.

NETSTREIT Price Performance

NTST stock opened at $20.62 on Friday. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88. NETSTREIT Corp. has a 12 month low of $17.02 and a 12 month high of $22.47. The firm has a market cap of $2.09 billion, a P/E ratio of 137.47, a P/E/G ratio of 2.65 and a beta of 0.81. The company’s 50-day moving average price is $21.02 and its two-hundred day moving average price is $20.41.

NETSTREIT (NYSE:NTST) last issued its earnings results on Wednesday, July 22nd. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.02). NETSTREIT had a net margin of 6.35% and a return on equity of 0.95%. The firm had revenue of $61.28 million during the quarter, compared to analyst estimates of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. On average, analysts anticipate that NETSTREIT Corp. will post 1.31 earnings per share for the current fiscal year.

NETSTREIT Cuts Dividend

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

Analysts Set New Price Targets

A number of research firms have recently weighed in on NTST. BTIG Research lifted their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Friday, June 26th. UBS Group set a $22.00 price target on NETSTREIT in a research report on Thursday, June 18th. Jefferies Financial Group restated a “buy” rating and set a $25.00 price objective on shares of NETSTREIT in a research note on Wednesday, July 29th. Cantor Fitzgerald lifted their price objective on NETSTREIT from $24.00 to $25.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Finally, Stifel Nicolaus upped their target price on NETSTREIT from $22.25 to $23.50 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Thirteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $23.19.

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.