11,451 Shares in Sila Realty Trust, Inc. (NYSE:SILA) Bought by MeadowBrook Investment Advisors LLC

MeadowBrook Investment Advisors LLC bought a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) in the 4th quarter, Holdings Channel.com reports. The fund bought 11,451 shares of the company’s stock, valued at approximately $278,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. State Street Corp acquired a new position in Sila Realty Trust during the 3rd quarter worth $22,303,000. Geode Capital Management LLC acquired a new position in Sila Realty Trust during the 3rd quarter worth $14,599,000. Harbor Capital Advisors Inc. grew its stake in Sila Realty Trust by 52.1% during the 4th quarter. Harbor Capital Advisors Inc. now owns 417,913 shares of the company’s stock worth $10,164,000 after purchasing an additional 143,143 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new position in Sila Realty Trust during the 3rd quarter worth $8,100,000. Finally, International Assets Investment Management LLC boosted its position in shares of Sila Realty Trust by 2,589.3% during the 3rd quarter. International Assets Investment Management LLC now owns 212,082 shares of the company’s stock worth $5,364,000 after acquiring an additional 204,196 shares in the last quarter.

Analyst Upgrades and Downgrades

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

Sila Realty Trust Price Performance

Sila Realty Trust stock opened at $25.17 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 current ratio of 0.78 and a quick ratio of 0.78. The stock has a 50-day simple moving average of $24.49 and a 200-day simple moving average of $24.60.

Sila Realty Trust (NYSE:SILA) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.32). The company 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, research analysts forecast that Sila Realty Trust, Inc. will post 2.23 EPS for the current year.

Sila Realty Trust Announces Dividend

The firm 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 6.36%. The ex-dividend date of this dividend was Friday, November 29th.

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.