Regatta Capital Group LLC Trims Position in Sila Realty Trust, Inc. (NYSE:SILA)

Regatta Capital Group LLC lessened its holdings in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 7.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,870 shares of the company’s stock after selling 4,292 shares during the quarter. Regatta Capital Group LLC owned approximately 0.09% of Sila Realty Trust worth $1,261,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp bought a new position in Sila Realty Trust in the 3rd quarter worth $22,303,000. Millennium Management LLC purchased a new position in shares of Sila Realty Trust during the second quarter valued at about $16,010,000. Geode Capital Management LLC bought a new position in Sila Realty Trust in the third quarter worth about $14,599,000. Cetera Investment Advisers purchased a new stake in Sila Realty Trust in the second quarter worth about $7,547,000. Finally, Charles Schwab Investment Management Inc. bought a new stake in Sila Realty Trust during the 3rd quarter valued at approximately $8,100,000.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on SILA shares. Truist Financial decreased their target price 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. Janney Montgomery Scott started coverage on Sila Realty Trust in a report on Thursday, October 3rd. They issued a “buy” rating and a $28.00 price objective for the company.

Sila Realty Trust Stock Performance

SILA stock opened at $24.30 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37. The business has a 50 day moving average of $24.70 and a 200 day moving average of $24.46. Sila Realty Trust, Inc. has a twelve month low of $7.45 and a twelve month high of $26.75.

Sila Realty Trust (NYSE:SILA) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $46.12 million for the quarter, compared to the consensus estimate of $46.38 million. Analysts predict that Sila Realty Trust, Inc. will post 2.23 EPS for the current fiscal year.

Sila Realty Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, December 13th. Stockholders 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 dividend yield of 6.58%.

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.