Abel Hall LLC Makes New Investment in Sila Realty Trust, Inc. (NYSE:SILA)

Abel Hall LLC purchased a new stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 20,000 shares of the company's stock, valued at approximately $486,000.

Other hedge funds have also modified their holdings of the company. Blue Trust Inc. boosted its position in shares of Sila Realty Trust by 5.6% during the fourth quarter. Blue Trust Inc. now owns 9,138 shares of the company's stock worth $231,000 after buying an additional 481 shares during the period. Foundations Investment Advisors LLC lifted its stake in Sila Realty Trust by 8.2% during the 4th quarter. Foundations Investment Advisors LLC now owns 9,859 shares of the company's stock worth $240,000 after acquiring an additional 750 shares in the last quarter. Axxcess Wealth Management LLC boosted its holdings in Sila Realty Trust by 7.0% during the 3rd quarter. Axxcess Wealth Management LLC now owns 12,180 shares of the company's stock valued at $308,000 after acquiring an additional 800 shares during the period. Sound Income Strategies LLC grew its position in Sila Realty Trust by 16.8% in the 4th quarter. Sound Income Strategies LLC now owns 5,690 shares of the company's stock valued at $138,000 after acquiring an additional 817 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake 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 during the period.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on SILA. Truist Financial dropped their price objective on shares of Sila Realty Trust from $29.00 to $28.00 and set a "buy" rating for the company in a report on Wednesday, December 18th. Janney Montgomery Scott assumed coverage on Sila Realty Trust in a research note on Thursday, October 3rd. They issued a "buy" rating and a $28.00 price objective for the company.

Sila Realty Trust Trading Up 1.8 %

Shares of SILA traded up $0.45 during midday trading on Friday, reaching $24.86. The stock had a trading volume of 516,868 shares, compared to its average volume of 288,138. The company's fifty day simple moving average is $24.63 and its two-hundred day simple moving average is $24.48. Sila Realty Trust, Inc. has a 1-year low of $7.45 and a 1-year high of $26.75. 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 - Get Free Report) last posted its earnings results on Tuesday, November 12th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.53 by ($0.32). The business had revenue of $46.12 million during the quarter, compared to analysts' expectations 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, research analysts anticipate that Sila Realty Trust, Inc. will post 2.23 EPS for the current year.

Sila Realty Trust Dividend Announcement

The firm 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. This represents a $1.60 annualized dividend and a yield of 6.43%. The ex-dividend date was Friday, November 29th.

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.