UBS Group AG Grows Holdings in Sila Realty Trust, Inc. $SILA

UBS Group AG grew its stake in Sila Realty Trust, Inc. (NYSE:SILA) by 15.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 230,703 shares of the company’s stock after buying an additional 30,588 shares during the period. UBS Group AG owned approximately 0.42% of Sila Realty Trust worth $5,378,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SILA. Newbridge Financial Services Group Inc. grew its stake in Sila Realty Trust by 90.4% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $31,000 after buying an additional 585 shares in the last quarter. United Financial Planning Group LLC purchased a new position in Sila Realty Trust in the 3rd quarter worth approximately $35,000. Avalon Trust Co purchased a new position in Sila Realty Trust in the 3rd quarter worth approximately $44,000. Tower Research Capital LLC TRC purchased a new position in Sila Realty Trust in the 2nd quarter worth approximately $60,000. Finally, Vestcor Inc purchased a new position in Sila Realty Trust in the 3rd quarter worth approximately $92,000.

Sila Realty Trust Price Performance

Shares of Sila Realty Trust stock opened at $30.22 on Friday. Sila Realty Trust, Inc. has a 52-week low of $21.94 and a 52-week high of $30.63. The stock has a market capitalization of $1.67 billion, a price-to-earnings ratio of 45.10 and a beta of 1.01. The company has a fifty day moving average of $27.00 and a 200-day moving average of $25.06. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.27 and a current ratio of 1.27.

Sila Realty Trust (NYSE:SILA) last announced its quarterly earnings data on Friday, May 8th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.02. Sila Realty Trust had a net margin of 18.64% and a return on equity of 2.81%. The company had revenue of $52.67 million during the quarter, compared to analysts’ expectations of $49.77 million. Equities research analysts expect that Sila Realty Trust, Inc. will post 2.24 EPS for the current year.

Sila Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Wednesday, May 20th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date is Wednesday, May 20th. Sila Realty Trust’s dividend payout ratio is currently 238.81%.

Wall Street Analyst Weigh In

SILA has been the subject of a number of research reports. Freedom Capital cut shares of Sila Realty Trust from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. BNP Paribas Exane reissued a “neutral” rating and issued a $31.00 price target (up from $28.00) on shares of Sila Realty Trust in a research note on Tuesday, April 21st. Wall Street Zen cut shares of Sila Realty Trust from a “hold” rating to a “sell” rating in a research note on Saturday, April 25th. Truist Financial set a $28.00 price objective on shares of Sila Realty Trust in a research note on Wednesday, March 11th. Finally, Wells Fargo & Company upped their price objective on shares of Sila Realty Trust from $25.00 to $30.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 21st. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Sila Realty Trust has an average rating of “Hold” and a consensus target price of $29.00.

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.