Nisa Investment Advisors LLC Trims Stock Position in Sila Realty Trust, Inc. (NYSE:SILA)

Nisa Investment Advisors LLC trimmed its holdings in Sila Realty Trust, Inc. (NYSE:SILA) by 10.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,913 shares of the company’s stock after selling 1,575 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Sila Realty Trust were worth $338,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Axxcess Wealth Management LLC boosted its stake in shares of Sila Realty Trust by 7.0% during the 3rd quarter. Axxcess Wealth Management LLC now owns 12,180 shares of the company’s stock worth $308,000 after acquiring an additional 800 shares in the last quarter. Captrust Financial Advisors boosted its position in Sila Realty Trust by 4.7% during the third quarter. Captrust Financial Advisors now owns 19,083 shares of the company’s stock worth $483,000 after purchasing an additional 852 shares in the last quarter. Carolina Wealth Advisors LLC acquired a new stake in Sila Realty Trust in the fourth quarter valued at approximately $26,000. Oakworth Capital Inc. purchased a new stake in shares of Sila Realty Trust in the third quarter valued at approximately $35,000. Finally, Merit Financial Group LLC raised its stake in shares of Sila Realty Trust by 23.8% during the 4th quarter. Merit Financial Group LLC now owns 11,906 shares of the company’s stock worth $290,000 after buying an additional 2,291 shares during the period.

Analysts Set New Price Targets

A number of brokerages have commented on SILA. Janney Montgomery Scott began coverage on Sila Realty Trust in a report on Thursday, October 3rd. They set a “buy” rating and a $28.00 target price for the company. 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 report on Wednesday, December 18th.

Sila Realty Trust Price Performance

Sila Realty Trust stock opened at $23.92 on Thursday. Sila Realty Trust, Inc. has a 12-month low of $7.45 and a 12-month 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. The company has a fifty day simple moving average of $24.68 and a 200-day simple moving average of $24.48.

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

Sila Realty Trust Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.60 dividend on an annualized basis and a yield of 6.69%.

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.