Foundations Investment Advisors LLC Acquires 750 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Foundations Investment Advisors LLC grew its holdings in Sila Realty Trust, Inc. (NYSE:SILA) by 8.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,859 shares of the company’s stock after buying an additional 750 shares during the period. Foundations Investment Advisors LLC’s holdings in Sila Realty Trust were worth $240,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SILA. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Sila Realty Trust during the third quarter worth $4,091,000. Geode Capital Management LLC acquired a new stake in shares of Sila Realty Trust during the 3rd quarter worth about $14,599,000. State Street Corp acquired a new stake in shares of Sila Realty Trust during the 3rd quarter worth about $22,303,000. JPMorgan Chase & Co. boosted its holdings in shares of Sila Realty Trust by 510.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 36,509 shares of the company’s stock worth $923,000 after buying an additional 30,533 shares during the period. Finally, Harbor Capital Advisors Inc. acquired a new position in Sila Realty Trust in the 3rd quarter valued at about $6,949,000.

Wall Street Analysts Forecast Growth

Separately, Truist Financial reduced their price objective on Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating for the company in a report on Wednesday, December 18th.

Sila Realty Trust Stock Performance

Shares of Sila Realty Trust stock opened at $24.86 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a 50-day moving average of $24.63 and a 200-day moving average of $24.48. Sila Realty Trust, Inc. has a 52-week low of $7.45 and a 52-week high of $26.75.

Sila Realty Trust (NYSE:SILA) last announced its earnings results on Tuesday, November 12th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $46.12 million for the quarter, compared to analyst estimates of $46.38 million. As a group, equities analysts forecast that Sila Realty Trust, Inc. will post 2.23 earnings per share for the current fiscal year.

Sila Realty Trust Announces Dividend

The business also recently disclosed 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 6.43%.

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.