BROOKFIELD Corp ON Sells 38,112 Shares of NETSTREIT Corp. $NTST

BROOKFIELD Corp ON reduced its stake in NETSTREIT Corp. (NYSE:NTSTFree Report) by 3.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,042,371 shares of the company’s stock after selling 38,112 shares during the period. BROOKFIELD Corp ON owned approximately 1.07% of NETSTREIT worth $19,628,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Loomis Sayles & Co. L P grew its position in shares of NETSTREIT by 959.0% during the fourth quarter. Loomis Sayles & Co. L P now owns 1,472 shares of the company’s stock valued at $26,000 after purchasing an additional 1,333 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in NETSTREIT by 1,123.3% during the second quarter. EverSource Wealth Advisors LLC now owns 1,786 shares of the company’s stock valued at $30,000 after buying an additional 1,640 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in NETSTREIT by 36.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,440 shares of the company’s stock valued at $43,000 after buying an additional 650 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in NETSTREIT in the 4th quarter worth approximately $44,000. Finally, Inspire Investing LLC purchased a new stake in shares of NETSTREIT during the 4th quarter worth approximately $45,000.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Citigroup reissued a “neutral” rating on shares of NETSTREIT in a report on Friday, April 24th. Jefferies Financial Group began coverage on shares of NETSTREIT in a research note on Monday, June 1st. They issued a “buy” rating and a $23.00 price objective for the company. Cantor Fitzgerald upped their target price on shares of NETSTREIT from $22.00 to $24.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. BTIG Research increased their price target on shares of NETSTREIT from $22.00 to $24.00 and gave the company a “buy” rating in a report on Friday, June 26th. Finally, Stifel Nicolaus boosted their price objective on NETSTREIT from $22.25 to $23.50 and gave the stock a “buy” rating in a research note on Thursday. Thirteen research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $22.68.

View Our Latest Stock Report on NTST

Insider Buying and Selling at NETSTREIT

In other NETSTREIT news, CEO Mark Manheimer purchased 5,000 shares of NETSTREIT stock in a transaction dated Thursday, June 18th. The shares were purchased at an average cost of $19.19 per share, for a total transaction of $95,950.00. Following the completion of the acquisition, the chief executive officer owned 415,260 shares in the company, valued at $7,968,839.40. This represents a 1.22% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.66% of the company’s stock.

NETSTREIT Price Performance

NETSTREIT stock opened at $22.14 on Monday. NETSTREIT Corp. has a 12-month low of $17.02 and a 12-month high of $22.47. 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 firm has a 50-day moving average price of $20.74 and a 200-day moving average price of $20.02. The firm has a market capitalization of $2.25 billion, a PE ratio of 147.63, a price-to-earnings-growth ratio of 2.86 and a beta of 0.82.

NETSTREIT (NYSE:NTSTGet Free Report) last issued its quarterly 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 for the quarter, compared to the consensus estimate of $56.41 million. NETSTREIT has set its FY 2026 guidance at 1.370-1.390 EPS. As a group, equities research analysts forecast that NETSTREIT Corp. will post 1.31 EPS for the current year.

NETSTREIT Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $0.225 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.1%. NETSTREIT’s dividend payout ratio is currently 586.67%.

NETSTREIT Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NETSTREIT (NYSE:NTST)

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