Diversify Advisory Services LLC Increases Position in Sila Realty Trust, Inc. $SILA

Diversify Advisory Services LLC grew its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 248.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 55,689 shares of the company’s stock after purchasing an additional 39,694 shares during the quarter. Diversify Advisory Services LLC owned approximately 0.10% of Sila Realty Trust worth $1,310,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Frontier Capital Management Co. LLC boosted its holdings in shares of Sila Realty Trust by 8.7% in the second quarter. Frontier Capital Management Co. LLC now owns 2,531,194 shares of the company’s stock valued at $59,913,000 after acquiring an additional 202,976 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Sila Realty Trust by 105.8% in the second quarter. Geode Capital Management LLC now owns 1,448,549 shares of the company’s stock valued at $34,290,000 after buying an additional 744,577 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of Sila Realty Trust by 8.1% in the third quarter. Victory Capital Management Inc. now owns 986,934 shares of the company’s stock valued at $24,772,000 after purchasing an additional 74,355 shares during the last quarter. Millennium Management LLC increased its position in Sila Realty Trust by 114.4% during the first quarter. Millennium Management LLC now owns 607,111 shares of the company’s stock worth $16,216,000 after buying an additional 323,917 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Sila Realty Trust by 28.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 521,731 shares of the company’s stock valued at $13,095,000 after purchasing an additional 116,266 shares during the last quarter.

Sila Realty Trust Trading Up 1.2%

Shares of SILA stock opened at $24.70 on Wednesday. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.51. Sila Realty Trust, Inc. has a fifty-two week low of $21.94 and a fifty-two week high of $27.50. The firm’s 50 day moving average price is $24.61 and its two-hundred day moving average price is $24.22. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 42.58 and a beta of -0.07.

Sila Realty Trust (NYSE:SILA) last released its quarterly earnings data on Tuesday, February 24th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.46). The business had revenue of $50.70 million during the quarter, compared to analyst estimates of $50.26 million. Sila Realty Trust had a return on equity of 2.39% and a net margin of 16.36%. On average, analysts anticipate that Sila Realty Trust, Inc. will post 2.23 EPS for the current year.

Sila Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Friday, March 6th will be given a $0.40 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.60 annualized dividend and a yield of 6.5%. Sila Realty Trust’s dividend payout ratio (DPR) is 275.86%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Zacks Research upgraded shares of Sila Realty Trust to a “hold” rating in a report on Tuesday, March 3rd. Wells Fargo & Company dropped their price objective on Sila Realty Trust from $27.00 to $25.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sila Realty Trust in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $26.67.

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.