PFG Investments LLC Sells 18,043 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

PFG Investments LLC lessened its holdings in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 17.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 88,257 shares of the company's stock after selling 18,043 shares during the period. PFG Investments LLC owned approximately 0.16% of Sila Realty Trust worth $2,146,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. State Street Corp purchased a new stake in Sila Realty Trust during the 3rd quarter worth about $22,303,000. Millennium Management LLC purchased a new position in shares of Sila Realty Trust during the 2nd quarter valued at about $16,010,000. Geode Capital Management LLC bought a new stake in Sila Realty Trust in the third quarter worth $14,599,000. Harbor Capital Advisors Inc. boosted its holdings in Sila Realty Trust by 52.1% during the 4th quarter. Harbor Capital Advisors Inc. now owns 417,913 shares of the company's stock valued at $10,164,000 after acquiring an additional 143,143 shares during the period. Finally, Cetera Investment Advisers bought a new position in shares of Sila Realty Trust in the second quarter worth approximately $7,547,000.

Sila Realty Trust Trading Up 1.8 %

NYSE SILA traded up $0.44 during trading on Friday, hitting $24.85. The company had a trading volume of 407,887 shares, compared to its average volume of 280,926. The company's fifty day moving average is $24.63 and its 200-day moving average is $24.48. Sila Realty Trust, Inc. has a one year low of $7.45 and a one year 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 - Get Free Report) 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). The company had revenue of $46.12 million during the quarter, compared to analysts' expectations of $46.38 million. Sila Realty Trust had a return on equity of 1.54% and a net margin of 12.11%. Equities research analysts expect that Sila Realty Trust, Inc. will post 2.23 earnings per share for the current year.

Sila Realty Trust Announces Dividend

The company also recently announced 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 annualized dividend and a yield of 6.44%.

Analyst Ratings Changes

Several equities research analysts have weighed in on SILA shares. Janney Montgomery Scott began 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 for the company. Truist Financial cut their target price on Sila Realty Trust from $29.00 to $28.00 and set a "buy" rating on the stock in a research note on Wednesday, December 18th.

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.