Advisory Alpha LLC Lowers Position in Sila Realty Trust, Inc. (NYSE:SILA)

Advisory Alpha LLC lessened its position in Sila Realty Trust, Inc. (NYSE:SILA) by 15.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,534 shares of the company’s stock after selling 2,561 shares during the quarter. Advisory Alpha LLC’s holdings in Sila Realty Trust were worth $329,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Axxcess Wealth Management LLC increased its position in Sila Realty Trust by 7.0% during the 3rd quarter. Axxcess Wealth Management LLC now owns 12,180 shares of the company’s stock valued at $308,000 after buying an additional 800 shares in the last quarter. Captrust Financial Advisors increased its position in Sila Realty Trust by 4.7% during the 3rd quarter. Captrust Financial Advisors now owns 19,083 shares of the company’s stock valued at $483,000 after buying an additional 852 shares in the last quarter. Carolina Wealth Advisors LLC bought a new position in Sila Realty Trust during the 4th quarter valued at approximately $26,000. EverSource Wealth Advisors LLC bought a new stake in shares of Sila Realty Trust in the 2nd quarter worth $26,000. Finally, Oakworth Capital Inc. bought a new stake in shares of Sila Realty Trust in the 3rd quarter worth $35,000.

Analysts Set New Price Targets

A number of analysts have commented on the company. Truist Financial reduced their target price on Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating for the company in a report on Wednesday, December 18th. Janney Montgomery Scott started coverage on Sila Realty Trust in a report on Thursday, October 3rd. They issued a “buy” rating and a $28.00 price objective for the company.

Sila Realty Trust Stock Up 1.4 %

Shares of SILA opened at $24.05 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. Sila Realty Trust, Inc. has a one year low of $7.45 and a one year high of $26.75. The business has a fifty day moving average price of $24.71.

Sila Realty Trust (NYSE:SILA) last released its earnings results on Tuesday, November 12th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.32). The company had revenue of $46.12 million for the quarter, compared to analysts’ expectations of $46.38 million. Sila Realty Trust had a net margin of 12.11% and a return on equity of 1.54%. On average, research analysts predict that Sila Realty Trust, Inc. will post 2.23 EPS for the current year.

Sila Realty Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.1333 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.60 annualized dividend and a yield of 6.65%.

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.