PFG Investments LLC Grows Stock Holdings in Sila Realty Trust, Inc. $SILA

PFG Investments LLC grew its position in Sila Realty Trust, Inc. (NYSE:SILA) by 52.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,017 shares of the company’s stock after buying an additional 22,005 shares during the quarter. PFG Investments LLC owned 0.12% of Sila Realty Trust worth $1,492,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada boosted its holdings in Sila Realty Trust by 14.8% during the 1st quarter. Royal Bank of Canada now owns 80,249 shares of the company’s stock valued at $2,143,000 after acquiring an additional 10,336 shares during the period. Amundi increased its stake in Sila Realty Trust by 2.1% during the first quarter. Amundi now owns 32,203 shares of the company’s stock worth $869,000 after purchasing an additional 664 shares during the period. Millennium Management LLC lifted its position in shares of Sila Realty Trust by 114.4% during the first quarter. Millennium Management LLC now owns 607,111 shares of the company’s stock worth $16,216,000 after purchasing an additional 323,917 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Sila Realty Trust by 10.0% during the first quarter. Goldman Sachs Group Inc. now owns 253,075 shares of the company’s stock worth $6,760,000 after purchasing an additional 22,960 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Sila Realty Trust by 45.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 238,093 shares of the company’s stock valued at $6,359,000 after purchasing an additional 74,307 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Zacks Research upgraded shares of Sila Realty Trust to a “hold” rating in a report on Tuesday, March 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Sila Realty Trust in a report on Friday, March 27th. Finally, Truist Financial set a $28.00 price target on shares of Sila Realty Trust in a research report on Wednesday, March 11th. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $26.67.

Sila Realty Trust Trading Up 0.5%

Shares of NYSE:SILA opened at $25.28 on Friday. The company has a market cap of $1.40 billion, a PE ratio of 43.58 and a beta of 0.19. The company’s 50 day moving average is $24.78 and its two-hundred day moving average is $24.05. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.51. Sila Realty Trust, Inc. has a 52 week low of $21.94 and a 52 week high of $26.88.

Sila Realty Trust (NYSE:SILA) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.46). The business had revenue of $50.70 million for the quarter, compared to analysts’ expectations of $50.26 million. Sila Realty Trust had a return on equity of 2.39% and a net margin of 16.36%. Equities analysts predict 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 announced a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Friday, March 6th were paid a dividend of $0.40 per share. The ex-dividend date was Friday, March 6th. This represents a $1.60 annualized dividend and a yield of 6.3%. Sila Realty Trust’s payout ratio is presently 275.86%.

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. Our portfolio comprises high quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients.