World Investment Advisors Acquires New Holdings in Sila Realty Trust, Inc. $SILA

World Investment Advisors bought a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 20,668 shares of the company’s stock, valued at approximately $482,000.

Several other institutional investors and hedge funds have also bought and sold shares of SILA. Golden State Wealth Management LLC boosted its holdings in Sila Realty Trust by 87.6% in the 4th quarter. Golden State Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Entrust Financial LLC bought a new position in shares of Sila Realty Trust in the fourth quarter worth $29,000. Basepoint Wealth LLC bought a new position in shares of Sila Realty Trust in the fourth quarter worth $30,000. Newbridge Financial Services Group Inc. raised its position in shares of Sila Realty Trust by 90.4% in the third quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $31,000 after buying an additional 585 shares in the last quarter. Finally, United Financial Planning Group LLC purchased a new stake in shares of Sila Realty Trust in the third quarter worth $35,000.

Analysts Set New Price Targets

Several research firms recently commented on SILA. Freedom Capital cut Sila Realty Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Zacks Research raised Sila Realty Trust to a “hold” rating in a report on Tuesday, March 3rd. Wells Fargo & Company lifted their price target on Sila Realty Trust from $25.00 to $30.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 21st. Weiss Ratings raised Sila Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Finally, Wall Street Zen cut shares of Sila Realty Trust from a “hold” rating to a “sell” rating in a research report on Saturday, April 25th. One investment analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $29.00.

Sila Realty Trust Stock Performance

NYSE SILA opened at $30.34 on Wednesday. Sila Realty Trust, Inc. has a 52-week low of $21.94 and a 52-week high of $30.63. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.27 and a current ratio of 1.27. The company has a market capitalization of $1.68 billion, a P/E ratio of 45.28 and a beta of 0.95. The company has a fifty day moving average of $29.84 and a 200-day moving average of $26.15.

Sila Realty Trust (NYSE:SILA) last released its earnings results on Thursday, May 7th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.02. Sila Realty Trust had a return on equity of 2.81% and a net margin of 18.64%.The business had revenue of $52.66 million for the quarter, compared to analysts’ expectations of $49.77 million. As a group, equities research analysts predict that Sila Realty Trust, Inc. will post 2.24 EPS for the current fiscal year.

Sila Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Wednesday, May 20th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Wednesday, May 20th. Sila Realty Trust’s dividend payout ratio is presently 238.81%.

Sila Realty Trust Company 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.