Nisa Investment Advisors LLC Acquires 8,146 Shares of NETSTREIT Corp. (NYSE:NTST)

February 8, 2023

Nisa Investment Advisors LLC increased its holdings in NETSTREIT Corp. (NYSE:NTST - Get Rating) by 69.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,874 shares of the company's stock after acquiring an additional 8,146 shares during the period. Nisa Investment Advisors LLC's holdings in NETSTREIT were worth $354,000 at the end of the most recent quarter.

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Other institutional investors also recently modified their holdings of the company. FMR LLC lifted its stake in NETSTREIT by 62.4% in the second quarter. FMR LLC now owns 2,936 shares of the company's stock valued at $55,000 after purchasing an additional 1,128 shares during the last quarter. Van ECK Associates Corp purchased a new position in NETSTREIT in the third quarter valued at approximately $63,000. Point72 Hong Kong Ltd purchased a new position in NETSTREIT in the first quarter valued at approximately $64,000. Quantbot Technologies LP purchased a new position in NETSTREIT in the second quarter valued at approximately $190,000. Finally, Arizona State Retirement System lifted its stake in NETSTREIT by 11.9% in the second quarter. Arizona State Retirement System now owns 11,990 shares of the company's stock valued at $226,000 after purchasing an additional 1,279 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Raymond James downgraded NETSTREIT from a "strong-buy" rating to an "outperform" rating and dropped their price objective for the company from $23.00 to $21.00 in a research note on Monday, January 9th. TheStreet downgraded NETSTREIT from a "c-" rating to a "d+" rating in a research note on Thursday, October 20th. Bank of America downgraded NETSTREIT from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $22.00 to $21.00 in a research report on Monday, November 14th. Finally, Truist Financial dropped their target price on NETSTREIT from $24.00 to $22.00 in a research report on Friday, November 11th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $22.29.

NETSTREIT Trading Down 1.3 %

NETSTREIT stock opened at $20.07 on Wednesday. The stock has a market cap of $1.10 billion, a P/E ratio of 125.45, a PEG ratio of 2.14 and a beta of 0.99. NETSTREIT Corp. has a fifty-two week low of $17.07 and a fifty-two week high of $23.72. The firm's fifty day moving average price is $19.33 and its 200-day moving average price is $19.28. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.15 and a current ratio of 2.15.

NETSTREIT Company Profile

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NETSTREIT is an internally managed Real Estate Investment Trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide. The growing portfolio consists of high-quality properties leased to e-commerce resistant tenants with healthy balance sheets.

See Also

Want to see what other hedge funds are holding NTST? Visit to get the latest 13F filings and insider trades for NETSTREIT Corp. (NYSE:NTST - Get Rating).

Institutional Ownership by Quarter for NETSTREIT (NYSE:NTST)

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