Madrona Financial Services LLC Cuts Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Madrona Financial Services LLC cut its stake in Sila Realty Trust, Inc. (NYSE:SILA) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 206,768 shares of the company’s stock after selling 3,018 shares during the quarter. Sila Realty Trust comprises about 1.4% of Madrona Financial Services LLC’s investment portfolio, making the stock its 19th biggest position. Madrona Financial Services LLC owned 0.38% of Sila Realty Trust worth $5,029,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. Axxcess Wealth Management LLC grew its stake in Sila Realty Trust by 7.0% in the third quarter. Axxcess Wealth Management LLC now owns 12,180 shares of the company’s stock worth $308,000 after purchasing an additional 800 shares in the last quarter. Captrust Financial Advisors boosted its stake in Sila Realty Trust by 4.7% in the third quarter. Captrust Financial Advisors now owns 19,083 shares of the company’s stock valued at $483,000 after acquiring an additional 852 shares during the period. Carolina Wealth Advisors LLC acquired a new position in Sila Realty Trust in the fourth quarter valued at approximately $26,000. EverSource Wealth Advisors LLC acquired a new position in Sila Realty Trust in the second quarter valued at approximately $26,000. Finally, Oakworth Capital Inc. acquired a new position in Sila Realty Trust in the third quarter valued at approximately $35,000.

Wall Street Analysts Forecast Growth

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

Sila Realty Trust Price Performance

Sila Realty Trust stock opened at $23.72 on Thursday. 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 fifty-two week low of $7.45 and a fifty-two week high of $26.75. The stock’s fifty day moving average price is $24.71.

Sila Realty Trust (NYSE:SILA) last announced its quarterly earnings data on Tuesday, November 12th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.32). The company 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%. Analysts forecast that Sila Realty Trust, Inc. will post 2.23 EPS for the current fiscal year.

Sila Realty Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a dividend of $0.1333 per share. The ex-dividend date was Friday, November 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.75%.

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.