Universal Beteiligungs und Servicegesellschaft mbH decreased its stake in Sila Realty Trust, Inc. (NYSE:SILA – Free Report) by 90.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 9,168 shares of the company’s stock after selling 82,235 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Sila Realty Trust were worth $214,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in SILA. Royal Bank of Canada increased its holdings in shares of Sila Realty Trust by 14.8% in the 1st quarter. Royal Bank of Canada now owns 80,249 shares of the company’s stock worth $2,143,000 after buying an additional 10,336 shares during the last quarter. Amundi increased its holdings in shares of Sila Realty Trust by 2.1% in the 1st quarter. Amundi now owns 32,203 shares of the company’s stock worth $869,000 after buying an additional 664 shares during the last quarter. Millennium Management LLC increased its holdings in shares of Sila Realty Trust by 114.4% in the 1st quarter. Millennium Management LLC now owns 607,111 shares of the company’s stock worth $16,216,000 after buying an additional 323,917 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Sila Realty Trust by 10.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 253,075 shares of the company’s stock worth $6,760,000 after buying an additional 22,960 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Sila Realty Trust by 45.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 238,093 shares of the company’s stock worth $6,359,000 after buying an additional 74,307 shares during the last quarter.
Analyst Ratings Changes
SILA has been the subject of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sila Realty Trust in a research note on Friday, March 27th. BNP Paribas Exane reaffirmed a “neutral” rating and issued a $31.00 price objective (up from $28.00) on shares of Sila Realty Trust in a research note on Tuesday, April 21st. Truist Financial set a $28.00 price objective on shares of Sila Realty Trust in a research note on Wednesday, March 11th. Zacks Research raised shares of Sila Realty Trust to a “hold” rating in a research note on Tuesday, March 3rd. Finally, Wells Fargo & Company upped their price objective on shares of Sila Realty Trust from $25.00 to $30.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 21st. Six equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Sila Realty Trust presently has an average rating of “Hold” and an average price target of $29.00.
Sila Realty Trust Trading Up 0.5%
Shares of SILA opened at $30.59 on Thursday. The stock has a market capitalization of $1.69 billion, a P/E ratio of 52.73 and a beta of 1.01. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.51. The firm has a fifty day simple moving average of $25.87 and a two-hundred day simple moving average of $24.54. Sila Realty Trust, Inc. has a twelve month low of $21.94 and a twelve month high of $30.63.
Sila Realty Trust (NYSE:SILA – Get Free Report) last announced its quarterly 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 net margin of 16.36% and a return on equity of 2.39%. The firm had revenue of $50.70 million for the quarter, compared to analysts’ expectations of $50.26 million. On average, research analysts anticipate that Sila Realty Trust, Inc. will post 2.24 EPS for the current year.
Sila Realty Trust Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, March 18th. Stockholders of record on Friday, March 6th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Friday, March 6th. Sila Realty Trust’s dividend payout ratio (DPR) is currently 275.86%.
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. Our portfolio comprises high quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients.
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