Silverlake Wealth Management LLC Buys Shares of 18,026 Sila Realty Trust, Inc. (NYSE:SILA)

Silverlake Wealth Management LLC purchased a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,026 shares of the company's stock, valued at approximately $438,000.

Several other hedge funds also recently bought and sold shares of the stock. State Street Corp purchased a new position in Sila Realty Trust during the third quarter worth approximately $22,303,000. Geode Capital Management LLC acquired a new stake in Sila Realty Trust during the 3rd quarter valued at $14,599,000. Charles Schwab Investment Management Inc. acquired a new stake in Sila Realty Trust during the 3rd quarter valued at $8,100,000. Harbor Capital Advisors Inc. acquired a new position in Sila Realty Trust during the 3rd quarter worth $6,949,000. Finally, International Assets Investment Management LLC grew its holdings in Sila Realty Trust by 2,589.3% during the 3rd quarter. International Assets Investment Management LLC now owns 212,082 shares of the company's stock worth $5,364,000 after acquiring an additional 204,196 shares in the last quarter.

Analysts Set New Price Targets

Separately, Truist Financial reduced their price target on shares of 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

Shares of SILA stock traded down $0.19 during midday trading on Friday, reaching $25.24. 253,470 shares of the company were exchanged, compared to its average volume of 292,691. Sila Realty Trust, Inc. has a 12 month low of $7.45 and a 12 month high of $26.75. The company's 50 day moving average price is $24.52 and its two-hundred day moving average price is $24.58. 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 announced its quarterly earnings data on Tuesday, November 12th. The company reported $0.21 earnings per share (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 analyst estimates of $46.38 million. Sila Realty Trust had a return on equity of 1.54% and a net margin of 12.11%. As a group, analysts forecast that Sila Realty Trust, Inc. will post 2.23 EPS for the current fiscal year.

Sila Realty Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a $0.1333 dividend. This represents a $1.60 annualized dividend and a dividend yield of 6.34%. The ex-dividend date of this dividend was Friday, November 29th.

About Sila Realty Trust

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.