Public Employees Retirement System of Ohio Takes Position in NETSTREIT Corp. $NTST

Public Employees Retirement System of Ohio bought a new stake in shares of NETSTREIT Corp. (NYSE:NTST) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 110,712 shares of the company’s stock, valued at approximately $2,339,000. Public Employees Retirement System of Ohio owned about 0.11% of NETSTREIT as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of NTST. Loomis Sayles & Co. L P lifted its stake in NETSTREIT by 959.0% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock valued at $26,000 after acquiring an additional 1,333 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of NETSTREIT by 1,123.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock valued at $30,000 after purchasing an additional 1,640 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of NETSTREIT in the fourth quarter valued at about $44,000. Inspire Investing LLC bought a new position in shares of NETSTREIT during the fourth quarter valued at about $45,000. Finally, Fulcrum Asset Management LLP bought a new position in shares of NETSTREIT during the fourth quarter valued at about $64,000.

Insider Activity at NETSTREIT

In other news, CEO Mark Manheimer purchased 5,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was bought at an average price of $19.19 per share, for a total transaction of $95,950.00. Following the purchase, the chief executive officer owned 415,260 shares of the company’s stock, valued at $7,968,839.40. The trade was a 1.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.66% of the stock is owned by corporate insiders.

NETSTREIT Stock Performance

Shares of NTST stock opened at $20.08 on Friday. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 133.87, a P/E/G ratio of 2.59 and a beta of 0.80. 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 Corp. has a 52 week low of $17.02 and a 52 week high of $22.47. The firm’s 50-day simple moving average is $21.13 and its two-hundred day simple moving average is $20.49.

NETSTREIT (NYSE:NTST) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.02). NETSTREIT had a return on equity of 0.95% and a net margin of 6.35%.The company had revenue of $61.28 million for the quarter, compared to analysts’ expectations of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. As a group, equities analysts forecast that NETSTREIT Corp. will post 1.3 earnings per share for the current year.

NETSTREIT Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Tuesday, September 1st. NETSTREIT’s dividend payout ratio is currently 600.00%.

Analyst Upgrades and Downgrades

NTST has been the subject of a number of recent analyst reports. BMO Capital Markets upped their price objective on shares of NETSTREIT from $24.00 to $25.00 and gave the stock an “outperform” rating in a research report on Monday, July 20th. Weiss Ratings restated a “hold (c+)” rating on shares of NETSTREIT in a research note on Friday, August 7th. Scotiabank reduced their target price on NETSTREIT from $23.00 to $22.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Truist Financial increased their price target on NETSTREIT from $21.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Finally, BTIG Research lifted their price target on NETSTREIT from $22.00 to $24.00 and gave the stock a “buy” rating in a report on Friday, June 26th. Thirteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, NETSTREIT currently has an average rating of “Moderate Buy” and a consensus price target of $23.19.

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.