World Investment Advisors Purchases Shares of 20,668 Sila Realty Trust, Inc. $SILA

World Investment Advisors acquired a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 20,668 shares of the company’s stock, valued at approximately $482,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SILA. Royal Bank of Canada increased its holdings in shares of Sila Realty Trust by 14.8% in the 1st quarter. Royal Bank of Canada now owns 80,249 shares of the company’s stock valued at $2,143,000 after purchasing an additional 10,336 shares during the period. Amundi boosted its position 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 boosted its position in 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 during the period. Goldman Sachs Group Inc. boosted its position in 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 during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Sila Realty Trust by 45.4% during 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 worth $6,359,000 after purchasing an additional 74,307 shares during the period.

Analyst Upgrades and Downgrades

SILA has been the subject of several research reports. Weiss Ratings raised Sila Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. Zacks Research upgraded Sila Realty Trust to a “hold” rating in a research note on Tuesday, March 3rd. Wall Street Zen lowered 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 target price on Sila Realty Trust in a research note on Wednesday, March 11th. Finally, Freedom Capital downgraded Sila Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $29.00.

Sila Realty Trust Trading Up 0.0%

NYSE:SILA opened at $30.55 on Wednesday. Sila Realty Trust, Inc. has a fifty-two week low of $21.94 and a fifty-two week high of $30.63. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.27 and a quick ratio of 1.27. The stock has a market capitalization of $1.69 billion, a PE ratio of 45.59 and a beta of 1.01. The business’s 50-day simple moving average is $26.77 and its 200-day simple moving average is $24.97.

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

Sila Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Wednesday, May 20th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date of this dividend is Wednesday, May 20th. Sila Realty Trust’s dividend payout ratio (DPR) is currently 238.81%.

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.