Focus Financial Network Inc. Sells 3,965 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Focus Financial Network Inc. decreased its holdings in Sila Realty Trust, Inc. (NYSE:SILA) by 7.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 48,010 shares of the company’s stock after selling 3,965 shares during the quarter. Focus Financial Network Inc.’s holdings in Sila Realty Trust were worth $1,168,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SILA. Creative Planning acquired a new stake in shares of Sila Realty Trust in the second quarter valued at $477,000. SG Americas Securities LLC bought a new stake in Sila Realty Trust during the 3rd quarter worth about $112,000. CWM LLC acquired a new stake in Sila Realty Trust in the 3rd quarter valued at about $425,000. ORG Partners LLC raised its stake in shares of Sila Realty Trust by 1,252.7% in the third quarter. ORG Partners LLC now owns 2,976 shares of the company’s stock worth $75,000 after acquiring an additional 2,756 shares during the last quarter. Finally, SeaCrest Wealth Management LLC acquired a new position in shares of Sila Realty Trust during the third quarter worth approximately $260,000.

Analyst Ratings Changes

Separately, 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 research report on Wednesday, December 18th.

Sila Realty Trust Stock Performance

Sila Realty Trust stock opened at $25.13 on Thursday. The business’s 50-day simple moving average is $24.48 and its 200 day simple moving average is $24.61. 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 12-month low of $7.45 and a 12-month high of $26.75.

Sila Realty Trust (NYSE:SILA) last issued its 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 net margin of 12.11% and a return on equity of 1.54%. The business had revenue of $46.12 million during the quarter, compared to the consensus estimate of $46.38 million. On average, equities analysts predict that Sila Realty Trust, Inc. will post 2.23 EPS for the current fiscal year.

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.