Sila Realty Trust, Inc. (NYSE:SILA) Stock Holdings Boosted by Pineridge Advisors LLC

Pineridge Advisors LLC lifted its position in Sila Realty Trust, Inc. (NYSE:SILA) by 244.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,244 shares of the company’s stock after buying an additional 2,301 shares during the quarter. Pineridge Advisors LLC’s holdings in Sila Realty Trust were worth $79,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Sila Realty Trust in the third quarter worth approximately $4,091,000. Geode Capital Management LLC acquired a new position in shares of Sila Realty Trust in the 3rd quarter worth $14,599,000. State Street Corp acquired a new stake in shares of Sila Realty Trust during the third quarter worth $22,303,000. JPMorgan Chase & Co. raised its position in shares of Sila Realty Trust by 510.9% during the third quarter. JPMorgan Chase & Co. now owns 36,509 shares of the company’s stock worth $923,000 after purchasing an additional 30,533 shares during the period. Finally, Harbor Capital Advisors Inc. purchased a new stake in shares of Sila Realty Trust during the third quarter valued at $6,949,000.

Sila Realty Trust Price Performance

NYSE SILA opened at $25.04 on Tuesday. The firm’s 50 day moving average price is $24.52 and its two-hundred day moving average price is $24.59. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. Sila Realty Trust, Inc. has a twelve month low of $7.45 and a twelve month high of $26.75.

Sila Realty Trust (NYSE:SILA) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.32). The business had revenue of $46.12 million for the quarter, compared to analysts’ expectations of $46.38 million. Sila Realty Trust had a net margin of 12.11% and a return on equity of 1.54%. As a group, sell-side analysts forecast that Sila Realty Trust, Inc. will post 2.23 earnings per share for the current year.

Sila Realty Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a dividend of $0.1333 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.60 annualized dividend and a yield of 6.39%.

Wall Street Analyst Weigh In

Separately, Truist Financial cut their price objective on Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating on the stock in a report on Wednesday, December 18th.

Sila Realty Trust Company 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.