Principal Financial Group Inc. Acquires Shares of 43,050 Sila Realty Trust, Inc. $SILA

Principal Financial Group Inc. acquired a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 43,050 shares of the company’s stock, valued at approximately $1,081,000. Principal Financial Group Inc. owned about 0.08% of Sila Realty Trust as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Amalgamated Bank acquired a new stake in shares of Sila Realty Trust in the 2nd quarter valued at about $45,000. Tower Research Capital LLC TRC acquired a new position in Sila Realty Trust during the second quarter worth approximately $60,000. BNP Paribas Financial Markets purchased a new stake in Sila Realty Trust in the second quarter valued at approximately $111,000. Ameritas Investment Partners Inc. acquired a new stake in shares of Sila Realty Trust in the second quarter valued at approximately $135,000. Finally, Anchor Investment Management LLC grew its position in shares of Sila Realty Trust by 11.4% during the second quarter. Anchor Investment Management LLC now owns 5,774 shares of the company’s stock worth $137,000 after acquiring an additional 590 shares during the last quarter.

Wall Street Analyst Weigh In

SILA has been the topic of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sila Realty Trust in a report on Monday, December 29th. Wells Fargo & Company lowered their price objective on shares of Sila Realty Trust from $27.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 25th. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $26.67.

Sila Realty Trust Trading Down 4.0%

NYSE:SILA opened at $25.18 on Thursday. Sila Realty Trust, Inc. has a 12-month low of $21.94 and a 12-month high of $27.50. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.50. The stock’s 50 day simple moving average is $23.99 and its 200-day simple moving average is $24.20. The firm has a market cap of $1.39 billion, a P/E ratio of 36.49 and a beta of -0.02.

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. Our portfolio comprises high quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients.