Sila Realty Trust, Inc. $SILA Shares Bought by PFG Investments LLC

PFG Investments LLC lifted its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 52.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,017 shares of the company’s stock after buying an additional 22,005 shares during the quarter. PFG Investments LLC’s holdings in Sila Realty Trust were worth $1,492,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Royal Bank of Canada grew its position 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 buying an additional 10,336 shares during the last quarter. Amundi lifted its position in Sila Realty Trust by 2.1% in the first quarter. Amundi now owns 32,203 shares of the company’s stock valued at $869,000 after acquiring an additional 664 shares during the last quarter. Millennium Management LLC lifted its position in Sila Realty Trust by 114.4% in the first quarter. Millennium Management LLC now owns 607,111 shares of the company’s stock valued at $16,216,000 after acquiring an additional 323,917 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Sila Realty Trust by 10.0% in the first quarter. Goldman Sachs Group Inc. now owns 253,075 shares of the company’s stock valued at $6,760,000 after acquiring an additional 22,960 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of 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 last quarter.

Sila Realty Trust Stock Performance

Shares of SILA stock opened at $25.28 on Friday. The stock has a market capitalization of $1.40 billion, a PE ratio of 43.58 and a beta of 0.19. Sila Realty Trust, Inc. has a 52-week low of $21.94 and a 52-week high of $26.88. The stock’s 50-day moving average price is $24.78 and its 200 day moving average price is $24.05. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.51.

Sila Realty Trust (NYSE:SILA) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.46). Sila Realty Trust had a return on equity of 2.39% and a net margin of 16.36%.The company had revenue of $50.70 million for the quarter, compared to analyst estimates of $50.26 million. As a group, equities research analysts forecast that Sila Realty Trust, Inc. will post 2.23 EPS for the current year.

Sila Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Friday, March 6th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 6.3%. The ex-dividend date was Friday, March 6th. Sila Realty Trust’s dividend payout ratio is 275.86%.

Analysts Set New Price Targets

A number of research firms have recently commented on SILA. Truist Financial set a $28.00 target price on Sila Realty Trust in a research report on Wednesday, March 11th. Zacks Research raised Sila Realty Trust to a “hold” rating in a research report on Tuesday, March 3rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sila Realty Trust in a research report on Friday, March 27th. Four research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $26.67.

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.