Aberdeen Group plc Increases Stock Position in Sila Realty Trust, Inc. $SILA

Aberdeen Group plc raised its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 13.0% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 17,291 shares of the company’s stock after purchasing an additional 1,995 shares during the period. Aberdeen Group plc’s holdings in Sila Realty Trust were worth $409,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. ORG Wealth Partners LLC purchased a new position in shares of Sila Realty Trust in the 1st quarter worth about $80,000. Continuum Advisory LLC raised its position in shares of Sila Realty Trust by 29.3% in the 1st quarter. Continuum Advisory LLC now owns 5,522 shares of the company’s stock worth $147,000 after purchasing an additional 1,251 shares during the last quarter. Global Assets Advisory LLC purchased a new position in shares of Sila Realty Trust in the 1st quarter worth about $545,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Sila Realty Trust in the 1st quarter worth about $39,000. Finally, Sunbelt Securities Inc. raised its position in shares of Sila Realty Trust by 38.8% in the 1st quarter. Sunbelt Securities Inc. now owns 3,630 shares of the company’s stock worth $97,000 after purchasing an additional 1,015 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts have recently issued reports on SILA shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sila Realty Trust in a research report on Wednesday, October 8th. Wells Fargo & Company started coverage on Sila Realty Trust in a research report on Tuesday, September 23rd. They issued an “equal weight” rating and a $27.00 price target for the company. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $27.50.

Sila Realty Trust Price Performance

NYSE SILA opened at $23.90 on Friday. Sila Realty Trust, Inc. has a one year low of $22.52 and a one year high of $27.50. The stock has a 50-day moving average of $24.83 and a 200 day moving average of $24.92. The company has a market capitalization of $1.32 billion and a price-to-earnings ratio of 34.63. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 0.93.

Sila Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date was Thursday, August 21st. Sila Realty Trust’s payout ratio is currently 231.88%.

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.