Segall Bryant & Hamill LLC purchased a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 43,618 shares of the company’s stock, valued at approximately $1,095,000.
A number of other hedge funds have also added to or reduced their stakes in SILA. Royal Bank of Canada lifted its stake in Sila Realty Trust by 14.8% in the 1st quarter. Royal Bank of Canada now owns 80,249 shares of the company’s stock valued at $2,143,000 after purchasing an additional 10,336 shares during the last quarter. Amundi increased its holdings in shares of Sila Realty Trust by 2.1% during the first quarter. Amundi now owns 32,203 shares of the company’s stock worth $869,000 after buying an additional 664 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Sila Realty Trust by 114.4% during the first quarter. Millennium Management LLC now owns 607,111 shares of the company’s stock worth $16,216,000 after buying an additional 323,917 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Sila Realty Trust by 10.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 253,075 shares of the company’s stock valued at $6,760,000 after acquiring an additional 22,960 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Sila Realty Trust by 45.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 238,093 shares of the company’s stock valued at $6,359,000 after acquiring an additional 74,307 shares during the last quarter.
Analyst Ratings Changes
Several equities analysts have issued reports on SILA shares. Wells Fargo & Company decreased their price target on shares of Sila Realty Trust from $27.00 to $25.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 25th. Zacks Research raised shares of Sila Realty Trust to a “hold” rating in a research note on Tuesday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sila Realty Trust in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Sila Realty Trust has an average rating of “Hold” and an average price target of $26.67.
Sila Realty Trust Stock Performance
Shares of SILA stock opened at $24.50 on Friday. The firm has a 50-day moving average of $24.56 and a 200-day moving average of $24.24. The company has a market cap of $1.35 billion, a P/E ratio of 42.24 and a beta of -0.07. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.17 and a quick ratio of 1.17. Sila Realty Trust, Inc. has a one year low of $21.94 and a one year high of $27.50.
Sila Realty Trust (NYSE:SILA – Get Free Report) last released its earnings results on Tuesday, February 24th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.46). Sila Realty Trust had a return on equity of 2.39% and a net margin of 16.36%.The business had revenue of $50.70 million for the quarter, compared to the consensus estimate of $50.26 million. Equities research analysts forecast that Sila Realty Trust, Inc. will post 2.23 EPS for the current fiscal year.
Sila Realty Trust Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Friday, March 6th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, March 6th. Sila Realty Trust’s dividend payout ratio (DPR) is 275.86%.
Sila Realty Trust Profile
Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams. Our portfolio comprises high quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients.
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