2 weeks Ago By Defense World Staff
NETSTREIT (NYSE:NTST – Get Free Report) had its price objective boosted by equities researchers at Mizuho from $15.00 to $17.00 in a note issued to investors on Thursday,Benzinga reports.
The firm currently has an “outperform” rating on the stock. Mizuho’s target price would indicate a potential upside of 11.02% from the company’s previous close.
NTST has been the topic of a number of other reports. Raymond James lowered their price objective on shares of NETSTREIT from $19.00 to $17.
00 and set a “strong-buy” rating on the stock in a research report on Friday, January 17th. Capital One Financial began coverage on shares of NETSTREIT in a report on Wednesday, February 12th. They set an “overweight” rating on the stock.
Finally, Truist Financial reduced their price objective on NETSTREIT from $20.00 to $19.00 and set a “buy” rating for the company in a research report on Thursday, December 5th.
One analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $18.
04.Get Our Latest Stock Analysis on NTSTNETSTREIT Price PerformanceShares of NYSE:NTST opened at $15.31 on Thursday.
The company has a market cap of $1.25 billion, a P/E ratio of -255.16 and a beta of 0.
91. The company’s fifty day moving average is $14.84 and its two-hundred day moving average is $15.
18. The company has a quick ratio of 4.11, a current ratio of 4.
11 and a debt-to-equity ratio of 0.57. NETSTREIT has a 12-month low of $13.
42 and a 12-month high of $18.10. Insiders Place Their BetsIn related news, CEO Mark Manheimer purchased 6,384 shares of the stock in a transaction on Monday, March 10th.
The shares were bought at an average price of $15.33 per share, for a total transaction of $97,866.72.
Following the completion of the acquisition, the chief executive officer now directly owns 304,572 shares in the company, valued at approximately $4,669,088.76. This trade represents a 2.
14 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have acquired 12,000 shares of company stock valued at $183,172 over the last three months.
0.46% of the stock is currently owned by insiders. Institutional Inflows and OutflowsA number of hedge funds and other institutional investors have recently bought and sold shares of NTST.
California State Teachers Retirement System boosted its stake in NETSTREIT by 3.8% during the 4th quarter. California State Teachers Retirement System now owns 72,370 shares of the company’s stock valued at $1,024,000 after purchasing an additional 2,626 shares during the period.
DigitalBridge Group Inc. lifted its holdings in shares of NETSTREIT by 1,175.4% during the fourth quarter.
DigitalBridge Group Inc. now owns 953,968 shares of the company’s stock worth $13,499,000 after buying an additional 879,168 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of NETSTREIT by 4.
6% in the fourth quarter. Public Employees Retirement System of Ohio now owns 115,503 shares of the company’s stock valued at $1,634,000 after acquiring an additional 5,070 shares during the period. Two Sigma Advisers LP grew its stake in shares of NETSTREIT by 27.
6% in the fourth quarter. Two Sigma Advisers LP now owns 543,500 shares of the company’s stock worth $7,691,000 after acquiring an additional 117,700 shares during the last quarter. Finally, Toronto Dominion Bank bought a new position in NETSTREIT during the fourth quarter worth $354,000.
NETSTREIT Company Profile (Get Free Report)NETSTREIT Corp. 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.
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