Sila Realty Trust, Inc. Declares Quarterly Dividend of $0.40 (NYSE:SILA)

Sila Realty Trust, Inc. (NYSE:SILA) announced a quarterly dividend on Monday, February 23rd. Investors of record on Friday, March 6th will be paid a dividend of 0.40 per share on Wednesday, March 18th. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend is Friday, March 6th.

Sila Realty Trust Price Performance

Shares of NYSE:SILA traded up $0.55 during trading on Wednesday, reaching $26.06. 154,513 shares of the company’s stock traded hands, compared to its average volume of 353,332. The firm has a market cap of $1.44 billion, a PE ratio of 37.80 and a beta of -0.02. Sila Realty Trust has a fifty-two week low of $21.94 and a fifty-two week high of $27.50. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.50. The company has a 50-day simple moving average of $24.18 and a 200-day simple moving average of $24.19.

Sila Realty Trust (NYSE:SILA) last announced its earnings results on Tuesday, February 24th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.46). Sila Realty Trust had a return on equity of 2.80% and a net margin of 19.86%.The business had revenue of $50.70 million for the quarter, compared to analyst estimates of $50.26 million. As a group, analysts predict that Sila Realty Trust will post 2.23 earnings per share for the current year.

Institutional Investors Weigh In On Sila Realty Trust

Hedge funds and other institutional investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Sila Realty Trust by 133,106.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,817,893 shares of the company’s stock worth $182,235,000 after buying an additional 7,812,024 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Sila Realty Trust by 105.8% in the 2nd quarter. Geode Capital Management LLC now owns 1,448,549 shares of the company’s stock valued at $34,290,000 after purchasing an additional 744,577 shares during the last quarter. Millennium Management LLC grew its holdings in shares of Sila Realty Trust by 114.4% during the 1st quarter. Millennium Management LLC now owns 607,111 shares of the company’s stock worth $16,216,000 after purchasing an additional 323,917 shares during the period. Jane Street Group LLC increased its position in shares of Sila Realty Trust by 25,141.8% during the first quarter. Jane Street Group LLC now owns 224,904 shares of the company’s stock valued at $6,007,000 after acquiring an additional 224,013 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of Sila Realty Trust by 111.9% in the 4th quarter. Invesco Ltd. now owns 417,622 shares of the company’s stock valued at $9,735,000 after acquiring an additional 220,543 shares during the period.

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.