Capital Investment Advisory Services LLC Has $290,000 Stock Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Capital Investment Advisory Services LLC lifted its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 14.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,934 shares of the company’s stock after purchasing an additional 1,529 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Sila Realty Trust were worth $290,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Millennium Management LLC acquired a new stake in Sila Realty Trust during the second quarter worth about $16,010,000. Creative Planning acquired a new stake in shares of Sila Realty Trust during the 2nd quarter worth approximately $477,000. Northwestern Mutual Wealth Management Co. bought a new position in Sila Realty Trust in the second quarter valued at approximately $344,000. Sunbelt Securities Inc. acquired a new position in Sila Realty Trust during the second quarter valued at approximately $81,000. Finally, Cetera Investment Advisers bought a new stake in Sila Realty Trust during the second quarter worth $7,547,000.

Sila Realty Trust Price Performance

SILA stock opened at $24.86 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. The company has a 50 day simple moving average of $24.63 and a 200 day simple moving average of $24.48. Sila Realty Trust, Inc. has a 1 year low of $7.45 and a 1 year high of $26.75.

Sila Realty Trust (NYSE:SILA) last announced its quarterly earnings results 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). Sila Realty Trust had a return on equity of 1.54% and a net margin of 12.11%. The company had revenue of $46.12 million for the quarter, compared to analyst estimates of $46.38 million. On average, analysts anticipate that Sila Realty Trust, Inc. will post 2.23 EPS for the current fiscal year.

Sila Realty Trust Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were paid a dividend of $0.1333 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.43%. The ex-dividend date was Friday, November 29th.

Wall Street Analysts Forecast Growth

Separately, Truist Financial decreased their price target 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 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.