World Investment Advisors Invests $482,000 in Sila Realty Trust, Inc. $SILA

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

Other institutional investors have also made changes to their positions in the company. Newbridge Financial Services Group Inc. increased its holdings in shares of Sila Realty Trust by 90.4% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $31,000 after acquiring an additional 585 shares during the last quarter. United Financial Planning Group LLC acquired a new stake in shares of Sila Realty Trust during the 3rd quarter worth $35,000. Avalon Trust Co acquired a new stake in shares of Sila Realty Trust during the 3rd quarter worth $44,000. Strategic Wealth Advisors LLC bought a new stake in shares of Sila Realty Trust during the 4th quarter worth $50,000. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Sila Realty Trust during the 2nd quarter worth $60,000.

Sila Realty Trust Stock Performance

Shares of SILA opened at $30.55 on Wednesday. The firm has a market cap of $1.69 billion, a PE ratio of 45.59 and a beta of 1.01. The stock’s fifty day moving average price is $26.77 and its two-hundred day moving average price is $24.97. 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, Inc. has a 1 year low of $21.94 and a 1 year high of $30.63.

Sila Realty Trust (NYSE:SILA) last issued its earnings results on Friday, May 8th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.02. The firm had revenue of $52.67 million for the quarter, compared to analyst estimates of $49.77 million. Sila Realty Trust had a return on equity of 2.81% and a net margin of 18.64%. On average, equities research analysts forecast that Sila Realty Trust, Inc. will post 2.24 EPS for the current year.

Sila Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Wednesday, May 20th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Wednesday, May 20th. Sila Realty Trust’s payout ratio is presently 238.81%.

Analyst Ratings Changes

Several brokerages recently weighed in on SILA. Wells Fargo & Company upped their price objective on Sila Realty Trust from $25.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 21st. BNP Paribas Exane reissued a “neutral” rating and set a $31.00 target price (up from $28.00) on shares of Sila Realty Trust in a research note on Tuesday, April 21st. Truist Financial set a $28.00 target price on Sila Realty Trust in a research note on Wednesday, March 11th. Freedom Capital cut Sila Realty Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Zacks Research raised Sila Realty Trust to a “hold” rating in a research note on Tuesday, March 3rd. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Sila Realty Trust currently has a consensus rating of “Hold” and an average price target of $29.00.

About Sila Realty Trust

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.