Thrivent Financial for Lutherans Has $2.34 Million Holdings in Sila Realty Trust, Inc. $SILA

Thrivent Financial for Lutherans increased its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 60.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 98,869 shares of the company’s stock after purchasing an additional 37,058 shares during the quarter. Thrivent Financial for Lutherans owned 0.18% of Sila Realty Trust worth $2,340,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Anchor Investment Management LLC boosted its position in shares of Sila Realty Trust by 11.4% during the 2nd quarter. Anchor Investment Management LLC now owns 5,774 shares of the company’s stock worth $137,000 after acquiring an additional 590 shares in the last quarter. State of Wyoming lifted its stake in Sila Realty Trust by 606.3% during the second quarter. State of Wyoming now owns 15,213 shares of the company’s stock worth $360,000 after purchasing an additional 13,059 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in Sila Realty Trust by 26.7% during the second quarter. Geneos Wealth Management Inc. now owns 57,664 shares of the company’s stock worth $1,365,000 after purchasing an additional 12,136 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of Sila Realty Trust in the 2nd quarter valued at $60,000. Finally, Corient Private Wealth LLC acquired a new stake in shares of Sila Realty Trust in the 2nd quarter valued at $337,000.

Analyst Upgrades and Downgrades

SILA has been the subject of a number of research analyst reports. Wolfe Research started coverage on Sila Realty Trust in a report on Monday, October 20th. They set a “peer perform” rating and a $27.00 price target for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Sila Realty Trust in a research note on Monday. Finally, Wells Fargo & Company reduced their price target on shares of Sila Realty Trust from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $26.67.

Sila Realty Trust Price Performance

Shares of SILA opened at $22.90 on Wednesday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.50. The stock has a market cap of $1.26 billion, a PE ratio of 33.19 and a beta of -0.05. Sila Realty Trust, Inc. has a 12-month low of $21.94 and a 12-month high of $27.50. The business has a 50-day simple moving average of $23.45 and a two-hundred day simple moving average of $24.24.

Sila Realty Trust (NYSE:SILA) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.33). Sila Realty Trust had a return on equity of 2.80% and a net margin of 19.86%.The firm had revenue of $49.85 million for the quarter, compared to the consensus estimate of $49.73 million. Analysts anticipate that Sila Realty Trust, Inc. will post 2.23 earnings per share for the current fiscal year.

Sila Realty Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Thursday, November 20th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 7.0%. The ex-dividend date was Thursday, November 20th. Sila Realty Trust’s dividend payout ratio is 231.88%.

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.