UBS Group AG boosted its position in shares of Sila Realty Trust, Inc. (NYSE:SILA – Free Report) by 15.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 230,703 shares of the company’s stock after buying an additional 30,588 shares during the quarter. UBS Group AG’s holdings in Sila Realty Trust were worth $5,378,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the stock. Newbridge Financial Services Group Inc. raised its holdings in Sila Realty Trust by 90.4% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $31,000 after purchasing an additional 585 shares in the last quarter. Focus Partners Wealth raised its holdings in Sila Realty Trust by 1.6% in the 1st quarter. Focus Partners Wealth now owns 36,902 shares of the company’s stock worth $986,000 after purchasing an additional 585 shares in the last quarter. Amundi raised its holdings in Sila Realty Trust by 2.1% in the 1st quarter. Amundi now owns 32,203 shares of the company’s stock worth $869,000 after purchasing an additional 664 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in Sila Realty Trust by 3.6% in the 2nd quarter. Daiwa Securities Group Inc. now owns 19,448 shares of the company’s stock worth $460,000 after purchasing an additional 668 shares in the last quarter. Finally, Creative Planning raised its holdings in Sila Realty Trust by 5.1% in the 2nd quarter. Creative Planning now owns 18,310 shares of the company’s stock worth $433,000 after purchasing an additional 894 shares in the last quarter.
Sila Realty Trust Stock Down 0.1%
Shares of Sila Realty Trust stock opened at $30.22 on Friday. 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 company has a 50-day moving average of $27.00 and a 200 day moving average of $25.06. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 45.10 and a beta of 1.01. Sila Realty Trust, Inc. has a 1 year low of $21.94 and a 1 year high of $30.63.
Sila Realty Trust Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Wednesday, May 20th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Wednesday, May 20th. Sila Realty Trust’s dividend payout ratio (DPR) is presently 238.81%.
Wall Street Analysts Forecast Growth
Several brokerages have commented on SILA. BNP Paribas Exane restated a “neutral” rating and issued a $31.00 price objective (up from $28.00) on shares of Sila Realty Trust in a report on Tuesday, April 21st. Freedom Capital lowered shares of Sila Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Truist Financial set a $28.00 price objective on shares of Sila Realty Trust in a report on Wednesday, March 11th. Weiss Ratings upgraded shares of Sila Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Finally, Wall Street Zen lowered shares of Sila Realty Trust from a “hold” rating to a “sell” rating in a report on Saturday, April 25th. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $29.00.
Get Our Latest Stock Report on SILA
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.
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