31,331 Shares in Sila Realty Trust, Inc. (NYSE:SILA) Purchased by Spire Wealth Management

Spire Wealth Management bought a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 31,331 shares of the company’s stock, valued at approximately $762,000. Spire Wealth Management owned approximately 0.06% of Sila Realty Trust at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

Separately, Truist Financial dropped their target price on shares of 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 Stock Up 0.6 %

NYSE:SILA opened at $25.02 on Wednesday. Sila Realty Trust, Inc. has a fifty-two week low of $7.45 and a fifty-two week high of $26.75. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. The company’s 50-day simple moving average is $24.60 and its 200-day simple moving average is $24.53.

Sila Realty Trust (NYSE:SILA) last released 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 firm had revenue of $46.12 million during the quarter, compared to the consensus estimate of $46.38 million. Sila Realty Trust had a net margin of 12.11% and a return on equity of 1.54%. On average, equities analysts forecast that Sila Realty Trust, Inc. will post 2.23 EPS for the current year.

Sila Realty Trust Dividend Announcement

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

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.