Hsbc Holdings PLC Buys 17,658 Shares of Sila Realty Trust, Inc. $SILA

Hsbc Holdings PLC raised its position in Sila Realty Trust, Inc. (NYSE:SILA) by 23.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 92,404 shares of the company’s stock after purchasing an additional 17,658 shares during the period. Hsbc Holdings PLC’s holdings in Sila Realty Trust were worth $2,154,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Segall Bryant & Hamill LLC acquired a new stake in shares of Sila Realty Trust during the third quarter worth about $1,095,000. JPMorgan Chase & Co. grew its position in shares of Sila Realty Trust by 80.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 221,264 shares of the company’s stock valued at $5,554,000 after purchasing an additional 98,662 shares during the period. Victory Capital Management Inc. grew its position in shares of Sila Realty Trust by 8.1% in the 3rd quarter. Victory Capital Management Inc. now owns 986,934 shares of the company’s stock valued at $24,772,000 after purchasing an additional 74,355 shares during the period. Diversify Advisory Services LLC increased its stake in Sila Realty Trust by 248.2% during the 3rd quarter. Diversify Advisory Services LLC now owns 55,689 shares of the company’s stock worth $1,310,000 after purchasing an additional 39,694 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in Sila Realty Trust by 133,106.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,817,893 shares of the company’s stock worth $182,235,000 after purchasing an additional 7,812,024 shares in the last quarter.

Sila Realty Trust Price Performance

NYSE:SILA opened at $30.36 on Tuesday. The company has a market cap of $1.68 billion, a P/E ratio of 45.32 and a beta of 0.95. The firm’s fifty day moving average price is $30.27 and its two-hundred day moving average price is $26.37. Sila Realty Trust, Inc. has a one year low of $21.94 and a one year high of $30.63. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.27 and a quick ratio of 1.27.

Sila Realty Trust (NYSE:SILA) last posted its earnings results on Thursday, May 7th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.02. The company had revenue of $52.66 million during the quarter, compared to analysts’ expectations of $49.77 million. Sila Realty Trust had a net margin of 18.64% and a return on equity of 2.81%. Equities analysts expect that Sila Realty Trust, Inc. will post 2.3 earnings per share for the current year.

Sila Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Wednesday, May 20th were given a dividend of $0.40 per share. The ex-dividend date was Wednesday, May 20th. This represents a $1.60 annualized dividend and a yield of 5.3%. Sila Realty Trust’s dividend payout ratio (DPR) is 238.81%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on SILA shares. Wall Street Zen lowered shares of Sila Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, April 25th. BNP Paribas Exane reissued a “neutral” rating and set a $31.00 price objective (up from $28.00) on shares of Sila Realty Trust in a research report on Tuesday, April 21st. Weiss Ratings upgraded shares of Sila Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Wells Fargo & Company raised their price objective on shares of Sila Realty Trust from $25.00 to $30.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 21st. Finally, Freedom Capital cut shares of Sila Realty Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Sila Realty Trust presently has an average rating of “Hold” and a consensus target price of $29.50.

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.