Segall Bryant & Hamill LLC Acquires Shares of 43,618 Sila Realty Trust, Inc. $SILA

Segall Bryant & Hamill LLC purchased a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 43,618 shares of the company’s stock, valued at approximately $1,095,000. Segall Bryant & Hamill LLC owned about 0.08% of Sila Realty Trust at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Frontier Capital Management Co. LLC lifted its holdings in Sila Realty Trust by 8.7% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 2,531,194 shares of the company’s stock worth $59,913,000 after purchasing an additional 202,976 shares during the last quarter. Geode Capital Management LLC grew its holdings in Sila Realty Trust by 105.8% during the second quarter. Geode Capital Management LLC now owns 1,448,549 shares of the company’s stock valued at $34,290,000 after purchasing an additional 744,577 shares during the last quarter. Millennium Management LLC raised its position in shares of Sila Realty Trust by 114.4% in the first quarter. Millennium Management LLC now owns 607,111 shares of the company’s stock valued at $16,216,000 after purchasing an additional 323,917 shares during the period. Adage Capital Partners GP L.L.C. raised its position in shares of Sila Realty Trust by 69.3% in the second quarter. Adage Capital Partners GP L.L.C. now owns 390,000 shares of the company’s stock valued at $9,231,000 after purchasing an additional 159,688 shares during the period. Finally, Osaic Holdings Inc. lifted its stake in shares of Sila Realty Trust by 4.2% in the second quarter. Osaic Holdings Inc. now owns 373,136 shares of the company’s stock worth $8,832,000 after buying an additional 14,903 shares during the last quarter.

Wall Street Analyst Weigh In

Several analysts recently weighed in on SILA shares. Zacks Research upgraded Sila Realty Trust to a “hold” rating in a research note on Tuesday. Wells Fargo & Company cut their price target on Sila Realty Trust from $27.00 to $25.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Sila Realty Trust in a research report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $26.67.

Sila Realty Trust Stock Performance

SILA stock opened at $24.50 on Friday. The business’s fifty day moving average is $24.56 and its 200-day moving average is $24.24. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.51. The company has a market cap of $1.35 billion, a P/E ratio of 42.24 and a beta of -0.07. Sila Realty Trust, Inc. has a twelve month low of $21.94 and a twelve month high of $27.50.

Sila Realty Trust (NYSE:SILA) last posted its earnings results on Tuesday, February 24th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate 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 year.

Sila Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Friday, March 6th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Friday, March 6th. Sila Realty Trust’s dividend payout ratio is 275.86%.

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.