abrdn plc Has $355,000 Position in Sila Realty Trust, Inc. (NYSE:SILA)

abrdn plc raised its position in Sila Realty Trust, Inc. (NYSE:SILA) by 30.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,760 shares of the company’s stock after acquiring an additional 3,460 shares during the quarter. abrdn plc’s holdings in Sila Realty Trust were worth $355,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Spire Wealth Management bought a new position in Sila Realty Trust in the 4th quarter valued at about $762,000. Capital Investment Advisory Services LLC raised its position in Sila Realty Trust by 14.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 11,934 shares of the company’s stock worth $290,000 after purchasing an additional 1,529 shares during the last quarter. Abel Hall LLC acquired a new stake in Sila Realty Trust during the 4th quarter valued at approximately $486,000. Foundations Investment Advisors LLC lifted its holdings in Sila Realty Trust by 8.2% in the fourth quarter. Foundations Investment Advisors LLC now owns 9,859 shares of the company’s stock valued at $240,000 after buying an additional 750 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of Sila Realty Trust by 5.6% in the 4th quarter. Blue Trust Inc. now owns 9,138 shares of the company’s stock valued at $231,000 after acquiring an additional 481 shares in the last quarter.

Analyst Ratings Changes

Separately, Truist Financial decreased their price target on shares of Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating for the company in a research note on Wednesday, December 18th.

Sila Realty Trust Price Performance

Shares of NYSE:SILA opened at $25.17 on Wednesday. Sila Realty Trust, Inc. has a one year low of $7.45 and a one year high of $26.75. The firm has a fifty day moving average price of $24.49 and a two-hundred day moving average price of $24.60. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78.

Sila Realty Trust (NYSE:SILA) last issued its quarterly 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). The business had revenue of $46.12 million for the quarter, compared to the consensus estimate of $46.38 million. Sila Realty Trust had a net margin of 12.11% and a return on equity of 1.54%. As a group, equities analysts anticipate that Sila Realty Trust, Inc. will post 2.23 EPS for the current year.

Sila Realty Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $0.1333 dividend. 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 6.36%.

Sila Realty Trust 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.