Focus Financial Network Inc. Has $1.17 Million Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Focus Financial Network Inc. decreased its stake in Sila Realty Trust, Inc. (NYSE:SILA) by 7.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,010 shares of the company’s stock after selling 3,965 shares during the period. Focus Financial Network Inc. owned approximately 0.09% of Sila Realty Trust worth $1,168,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Carolina Wealth Advisors LLC bought a new position in shares of Sila Realty Trust during the 4th quarter worth about $26,000. Oakworth Capital Inc. bought a new position in Sila Realty Trust during the third quarter valued at about $35,000. ORG Partners LLC increased its stake in Sila Realty Trust by 1,252.7% during the third quarter. ORG Partners LLC now owns 2,976 shares of the company’s stock valued at $75,000 after acquiring an additional 2,756 shares during the period. Pineridge Advisors LLC raised its holdings in Sila Realty Trust by 244.0% in the 4th quarter. Pineridge Advisors LLC now owns 3,244 shares of the company’s stock valued at $79,000 after acquiring an additional 2,301 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of Sila Realty Trust in the 3rd quarter worth approximately $112,000.

Analyst Upgrades and Downgrades

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

Sila Realty Trust Trading Down 0.1 %

NYSE:SILA opened at $25.13 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a 50-day moving average price of $24.48 and a 200 day moving average price of $24.61. 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 quarterly earnings data 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 company had revenue of $46.12 million for the quarter, compared to analyst estimates of $46.38 million. Equities research analysts predict that Sila Realty Trust, Inc. will post 2.23 earnings per share for the current year.

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.