Sila Realty Trust, Inc. (NYSE:SILA) Shares Acquired by Sound Income Strategies LLC

Sound Income Strategies LLC boosted its holdings in Sila Realty Trust, Inc. (NYSE:SILA) by 16.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,690 shares of the company’s stock after purchasing an additional 817 shares during the quarter. Sound Income Strategies LLC’s holdings in Sila Realty Trust were worth $138,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC bought a new stake in shares of Sila Realty Trust in the 2nd quarter worth approximately $26,000. Carolina Wealth Advisors LLC acquired a new stake in Sila Realty Trust in the fourth quarter worth $26,000. Oakworth Capital Inc. bought a new stake in Sila Realty Trust in the third quarter valued at $35,000. Anchor Investment Management LLC acquired a new position in shares of Sila Realty Trust during the second quarter valued at $60,000. Finally, ORG Partners LLC grew its position in shares of Sila Realty Trust by 1,252.7% during the third quarter. ORG Partners LLC now owns 2,976 shares of the company’s stock worth $75,000 after acquiring an additional 2,756 shares during the last quarter.

Wall Street Analysts Forecast Growth

SILA has been the topic of a number of recent analyst reports. Truist Financial cut their price target on Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating on the stock in a report on Wednesday, December 18th. Janney Montgomery Scott began coverage on Sila Realty Trust in a research report on Thursday, October 3rd. They set a “buy” rating and a $28.00 price target for the company.

Sila Realty Trust Stock Performance

NYSE SILA opened at $24.30 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. Sila Realty Trust, Inc. has a 1 year low of $7.45 and a 1 year high of $26.75. The business’s 50-day moving average is $24.71.

Sila Realty Trust (NYSE:SILA) last announced its earnings results on Tuesday, November 12th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.32). The firm had revenue of $46.12 million for the quarter, compared to analyst estimates of $46.38 million. Sila Realty Trust had a net margin of 12.11% and a return on equity of 1.54%. As a group, equities analysts expect that Sila Realty Trust, Inc. will post 2.23 earnings per share for the current fiscal year.

Sila Realty Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 13th. Shareholders 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 dividend on an annualized basis and a yield of 6.58%.

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.