Sila Realty Trust, Inc. (NYSE:SILA) Shares Purchased by Sound Income Strategies LLC

Sound Income Strategies LLC boosted its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 16.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,690 shares of the company’s stock after buying an additional 817 shares during the period. Sound Income Strategies LLC’s holdings in Sila Realty Trust were worth $138,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC acquired a new stake in shares of Sila Realty Trust in the 2nd quarter worth $26,000. Cubist Systematic Strategies LLC acquired a new stake in Sila Realty Trust in the second quarter valued at about $2,710,000. Millennium Management LLC purchased a new stake in Sila Realty Trust in the 2nd quarter valued at approximately $16,010,000. Long Pond Capital LP acquired a new position in Sila Realty Trust during the 2nd quarter worth approximately $49,981,000. Finally, Creative Planning purchased a new position in shares of Sila Realty Trust during the 2nd quarter worth approximately $477,000.

Analyst Ratings Changes

SILA has been the subject of several research analyst reports. Truist Financial cut their price objective on Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating for the company in a research report on Wednesday, December 18th. Janney Montgomery Scott initiated coverage on shares of Sila Realty Trust in a research note on Thursday, October 3rd. They issued a “buy” rating and a $28.00 price objective for the company.

Sila Realty Trust Stock Up 0.9 %

Shares of NYSE:SILA opened at $24.30 on Friday. The firm has a fifty day simple moving average of $24.71. Sila Realty Trust, Inc. has a 52 week low of $7.45 and a 52 week 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:SILA) last posted its quarterly earnings results 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). The company had revenue of $46.12 million for the quarter, compared to analysts’ expectations of $46.38 million. Sila Realty Trust had a return on equity of 1.54% and a net margin of 12.11%. On average, equities 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 declared a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were given a dividend of $0.1333 per share. This represents a $1.60 annualized dividend and a yield of 6.58%. The ex-dividend date of this dividend was Friday, November 29th.

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.