JPMorgan Chase & Co. Acquires 30,533 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

JPMorgan Chase & Co. grew its position in Sila Realty Trust, Inc. (NYSE:SILA) by 510.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,509 shares of the company’s stock after buying an additional 30,533 shares during the period. JPMorgan Chase & Co. owned 0.07% of Sila Realty Trust worth $923,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sanctuary Advisors LLC purchased a new stake in shares of Sila Realty Trust during the third quarter worth about $646,000. Fulcrum Equity Management lifted its stake in Sila Realty Trust by 15.3% during the 3rd quarter. Fulcrum Equity Management now owns 33,243 shares of the company’s stock valued at $841,000 after acquiring an additional 4,418 shares during the period. Barclays PLC purchased a new stake in shares of Sila Realty Trust in the 3rd quarter valued at $592,000. Geode Capital Management LLC acquired a new position in Sila Realty Trust during the third quarter valued at $14,599,000. Finally, MML Investors Services LLC boosted its stake in shares of Sila Realty Trust by 40.3% in the third quarter. MML Investors Services LLC now owns 17,568 shares of the company’s stock worth $444,000 after buying an additional 5,047 shares during the last quarter.

Sila Realty Trust Price Performance

Shares of SILA opened at $24.30 on Friday. The stock has a fifty day simple moving average of $24.70 and a two-hundred day simple moving average of $24.46. Sila Realty Trust, Inc. has a 52-week low of $7.45 and a 52-week high of $26.75. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37.

Sila Realty Trust (NYSE:SILA) last issued 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). Sila Realty Trust had a return on equity of 1.54% and a net margin of 12.11%. The company had revenue of $46.12 million during the quarter, compared to analyst estimates of $46.38 million. Analysts predict that Sila Realty Trust, Inc. will post 2.23 EPS for the current year.

Sila Realty Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a dividend of $0.1333 per share. The ex-dividend date was Friday, November 29th. This represents a $1.60 annualized dividend and a yield of 6.58%.

Analyst Ratings Changes

Several analysts recently commented on SILA shares. Janney Montgomery Scott assumed coverage on shares of Sila Realty Trust in a research report on Thursday, October 3rd. They set a “buy” rating and a $28.00 price target on the stock. Truist Financial decreased their target price on Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating on the stock in a research report on Wednesday, December 18th.

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.