Hsbc Holdings PLC Makes New $9.58 Million Investment in NETSTREIT Corp. $NTST

Hsbc Holdings PLC acquired a new stake in NETSTREIT Corp. (NYSE:NTST) during the second quarter, according to its most recent filing with the SEC. The firm acquired 448,926 shares of the company’s stock, valued at approximately $9,579,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Easterly Investment Partners LLC bought a new stake in NETSTREIT in the 4th quarter valued at about $9,422,000. Dockside LLC purchased a new stake in NETSTREIT during the second quarter valued at about $1,202,000. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in NETSTREIT by 111.3% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 342,800 shares of the company’s stock worth $6,047,000 after purchasing an additional 180,600 shares during the period. Centersquare Investment Management LLC boosted its position in NETSTREIT by 3.4% during the fourth quarter. Centersquare Investment Management LLC now owns 3,653,585 shares of the company’s stock worth $64,449,000 after purchasing an additional 120,170 shares during the period. Finally, Entropy Technologies LP purchased a new position in shares of NETSTREIT in the first quarter worth about $1,001,000.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Robert W. Baird boosted their price target on shares of NETSTREIT from $22.00 to $23.00 and gave the company an “outperform” rating in a research report on Thursday, July 23rd. Scotiabank cut their price objective on shares of NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Jefferies Financial Group reiterated a “buy” rating and issued a $25.00 price objective on shares of NETSTREIT in a research note on Wednesday, July 29th. Weiss Ratings reissued a “hold (c+)” rating on shares of NETSTREIT in a report on Friday, August 7th. Finally, Stifel Nicolaus increased their target price on NETSTREIT from $22.25 to $23.50 and gave the stock 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $23.19.

Insiders Place Their Bets

In related news, CEO Mark Manheimer bought 5,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were acquired at an average cost of $19.19 per share, with a total value of $95,950.00. Following the completion of the purchase, the chief executive officer directly owned 415,260 shares of the company’s stock, valued at $7,968,839.40. This trade represents a 1.22% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 0.66% of the stock is owned by corporate insiders.

NETSTREIT Price Performance

NETSTREIT stock opened at $20.49 on Friday. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 136.60, a PEG ratio of 2.65 and a beta of 0.81. The company has a quick ratio of 3.54, a current ratio of 3.55 and a debt-to-equity ratio of 0.88. The business has a 50-day simple moving average of $21.13 and a 200 day simple moving average of $20.46. NETSTREIT Corp. has a 52 week low of $17.02 and a 52 week high of $22.47.

NETSTREIT (NYSE:NTST) last released its quarterly earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.02). The business 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. On average, research analysts forecast that NETSTREIT Corp. will post 1.31 earnings per share for the current fiscal year.

NETSTREIT Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Tuesday, September 1st. NETSTREIT’s dividend payout ratio (DPR) is currently 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.