Silverlake Wealth Management LLC Makes New $438,000 Investment in Sila Realty Trust, Inc. (NYSE:SILA)

Silverlake Wealth Management LLC acquired a new position in Sila Realty Trust, Inc. (NYSE:SILA) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 18,026 shares of the company’s stock, valued at approximately $438,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Carolina Wealth Advisors LLC purchased a new position in shares of Sila Realty Trust in the 4th quarter worth $26,000. Oakworth Capital Inc. purchased a new position in shares of Sila Realty Trust in the 3rd quarter worth $35,000. ORG Partners LLC grew its stake in shares of Sila Realty Trust by 1,252.7% in the 3rd quarter. ORG Partners LLC now owns 2,976 shares of the company’s stock worth $75,000 after buying an additional 2,756 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Sila Realty Trust in the 3rd quarter worth $112,000. Finally, Sound Income Strategies LLC grew its stake in shares of Sila Realty Trust by 16.8% in the 4th quarter. Sound Income Strategies LLC now owns 5,690 shares of the company’s stock worth $138,000 after buying an additional 817 shares in the last quarter.

Wall Street Analyst Weigh In

Separately, Truist Financial lowered their target price on shares of Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating for the company in a report on Wednesday, December 18th.

Sila Realty Trust Trading Up 0.6 %

Sila Realty Trust stock opened at $25.02 on Wednesday. The firm has a 50-day moving average price of $24.60 and a 200-day moving average price of $24.53. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. Sila Realty Trust, Inc. has a 12-month low of $7.45 and a 12-month high of $26.75.

Sila Realty Trust (NYSE:SILA) last released its earnings results on Tuesday, November 12th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.32). Sila Realty Trust had a return on equity of 1.54% and a net margin of 12.11%. The firm had revenue of $46.12 million during the quarter, compared to the consensus estimate of $46.38 million. Research analysts expect that Sila Realty Trust, Inc. will post 2.23 EPS for the current year.

Sila Realty Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a dividend of $0.1333 per share. The ex-dividend date was Friday, November 29th. This represents a $1.60 dividend on an annualized basis and a yield of 6.39%.

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.