Advisory Alpha LLC Lowers Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Advisory Alpha LLC trimmed its holdings in Sila Realty Trust, Inc. (NYSE:SILA) by 15.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 13,534 shares of the company’s stock after selling 2,561 shares during the period. Advisory Alpha LLC’s holdings in Sila Realty Trust were worth $329,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SILA. Carolina Wealth Advisors LLC purchased a new stake in shares of Sila Realty Trust in the fourth quarter worth about $26,000. EverSource Wealth Advisors LLC bought a new stake in Sila Realty Trust during the second quarter worth approximately $26,000. Oakworth Capital Inc. bought a new stake in Sila Realty Trust during the third quarter worth approximately $35,000. Anchor Investment Management LLC bought a new stake in Sila Realty Trust during the second quarter worth approximately $60,000. Finally, ORG Partners LLC increased its stake in Sila Realty Trust by 1,252.7% during the third quarter. ORG Partners LLC now owns 2,976 shares of the company’s stock worth $75,000 after acquiring an additional 2,756 shares during the last quarter.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SILA. Janney Montgomery Scott began coverage on Sila Realty Trust in a research note on Thursday, October 3rd. They set a “buy” rating and a $28.00 price objective on the stock. Truist Financial reduced their price objective on Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating on the stock in a research note on Wednesday, December 18th.

Sila Realty Trust Stock Up 1.4 %

SILA opened at $24.05 on Friday. The company’s 50 day simple moving average is $24.71. Sila Realty Trust, Inc. has a one year low of $7.45 and a one year high of $26.75. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37.

Sila Realty Trust (NYSE:SILA) last released its earnings results on Tuesday, November 12th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.32). Sila Realty Trust had a net margin of 12.11% and a return on equity of 1.54%. The business had revenue of $46.12 million for the quarter, compared to the consensus estimate of $46.38 million. Equities analysts forecast that Sila Realty Trust, Inc. will post 2.23 earnings per share for the current year.

Sila Realty Trust Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a $0.1333 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.60 annualized dividend and a yield of 6.65%.

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.