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

World Investment Advisors bought a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,668 shares of the company’s stock, valued at approximately $482,000.

Several other large investors also recently modified their holdings of SILA. Golden State Wealth Management LLC raised its holdings in shares of Sila Realty Trust by 87.6% in the 4th quarter. Golden State Wealth Management LLC now owns 1,071 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares during the period. Entrust Financial LLC bought a new position in Sila Realty Trust during the fourth quarter valued at $29,000. Basepoint Wealth LLC purchased a new stake in Sila Realty Trust in the fourth quarter worth $30,000. Newbridge Financial Services Group Inc. increased its position in Sila Realty Trust by 90.4% in the third 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 during the last quarter. Finally, United Financial Planning Group LLC bought a new stake in shares of Sila Realty Trust in the third quarter valued at $35,000.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Zacks Research raised Sila Realty Trust to a “hold” rating in a research report on Tuesday, March 3rd. Wall Street Zen lowered Sila Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, April 25th. Weiss Ratings raised shares of Sila Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 11th. BNP Paribas Exane reiterated a “neutral” rating and set a $31.00 target price (up from $28.00) on shares of Sila Realty Trust in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company lifted their target price on shares of Sila Realty Trust from $25.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Sila Realty Trust has an average rating of “Hold” and an average price target of $29.00.

Sila Realty Trust Stock Performance

NYSE:SILA opened at $30.34 on Wednesday. The company has a market cap of $1.68 billion, a P/E ratio of 45.28 and a beta of 0.95. The stock’s fifty day moving average price is $29.84 and its two-hundred day moving average price is $26.15. Sila Realty Trust, Inc. has a 1 year low of $21.94 and a 1 year 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.

Sila Realty Trust (NYSE:SILA) last announced its quarterly earnings results on Thursday, May 7th. 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 company had revenue of $52.66 million during the quarter, compared to analysts’ expectations of $49.77 million. As a group, analysts expect that Sila Realty Trust, Inc. will post 2.24 EPS for the current year.

Sila Realty Trust Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Wednesday, May 20th were paid a $0.40 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $1.60 annualized dividend and a yield of 5.3%. Sila Realty Trust’s dividend payout ratio (DPR) is currently 238.81%.

About Sila Realty Trust

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.