20,000 Shares in Sila Realty Trust, Inc. (NYSE:SILA) Purchased by Abel Hall LLC

Abel Hall LLC purchased a new position in Sila Realty Trust, Inc. (NYSE:SILAFree Report) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 20,000 shares of the company’s stock, valued at approximately $486,000.

A number of other institutional investors also recently bought and sold shares of SILA. Blue Trust Inc. boosted its stake in shares of Sila Realty Trust by 5.6% in the fourth quarter. Blue Trust Inc. now owns 9,138 shares of the company’s stock worth $231,000 after buying an additional 481 shares during the last quarter. Foundations Investment Advisors LLC boosted its position in Sila Realty Trust by 8.2% in the 4th quarter. Foundations Investment Advisors LLC now owns 9,859 shares of the company’s stock worth $240,000 after purchasing an additional 750 shares in the last quarter. Axxcess Wealth Management LLC grew its stake in shares of Sila Realty Trust by 7.0% during the 3rd quarter. Axxcess Wealth Management LLC now owns 12,180 shares of the company’s stock worth $308,000 after purchasing an additional 800 shares during the period. Sound Income Strategies LLC increased its holdings in shares of Sila Realty Trust by 16.8% during the 4th quarter. Sound Income Strategies LLC now owns 5,690 shares of the company’s stock valued at $138,000 after purchasing an additional 817 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in shares of Sila Realty Trust by 4.7% in the 3rd quarter. Captrust Financial Advisors now owns 19,083 shares of the company’s stock valued at $483,000 after purchasing an additional 852 shares during the period.

Sila Realty Trust Price Performance

Shares of SILA stock opened at $23.92 on Thursday. The stock has a 50 day simple moving average of $24.68 and a 200-day simple moving average of $24.48. Sila Realty Trust, Inc. has a 1-year low of $7.45 and a 1-year high of $26.75. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37.

Sila Realty Trust (NYSE:SILAGet Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.32). Sila Realty Trust had a return on equity of 1.54% and a net margin of 12.11%. The company had revenue of $46.12 million for the quarter, compared to analyst estimates of $46.38 million. As a group, equities research analysts anticipate that Sila Realty Trust, Inc. will post 2.23 earnings per share for the current year.

Sila Realty Trust Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a $0.1333 dividend. This represents a $1.60 annualized dividend and a yield of 6.69%. The ex-dividend date of this dividend was Friday, November 29th.

Analyst Upgrades and Downgrades

Several analysts recently commented on SILA shares. Truist Financial dropped their price target on shares of Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating on the stock in a research report on Wednesday, December 18th. Janney Montgomery Scott initiated coverage on Sila Realty Trust in a research report on Thursday, October 3rd. They set a “buy” rating and a $28.00 target price on the stock.

Get Our Latest Analysis on SILA

Sila Realty Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Sila Realty Trust (NYSE:SILA)

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