Sila Realty Trust, Inc. (NYSE:SILA) Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC decreased its holdings in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 39.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,484 shares of the company’s stock after selling 7,552 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Sila Realty Trust were worth $279,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Millennium Management LLC acquired a new stake in shares of Sila Realty Trust in the 2nd quarter valued at approximately $16,010,000. Creative Planning purchased a new stake in shares of Sila Realty Trust in the second quarter valued at about $477,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Sila Realty Trust in the second quarter valued at approximately $344,000. Sunbelt Securities Inc. purchased a new stake in Sila Realty Trust during the 2nd quarter worth $81,000. Finally, Advisory Alpha LLC acquired a new position in shares of Sila Realty Trust in the second quarter worth about $472,000.

Wall Street Analysts Forecast Growth

SILA has been the topic of several research analyst reports. 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. Janney Montgomery Scott initiated coverage on Sila Realty Trust in a research report on Thursday, October 3rd. They set a “buy” rating and a $28.00 price target on the stock.

Sila Realty Trust Trading Down 0.6 %

NYSE:SILA opened at $24.59 on Wednesday. The stock has a fifty day simple moving average of $24.70 and a 200 day simple moving average of $24.47. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. 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 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 firm 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%. Equities analysts predict that Sila Realty Trust, Inc. will post 2.23 earnings per share for the current fiscal year.

Sila Realty Trust Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 13th. Stockholders 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 dividend on an annualized basis and a dividend yield of 6.51%.

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.