Metis Global Partners LLC Takes Position in Sila Realty Trust, Inc. $SILA

by · The Cerbat Gem

Metis Global Partners LLC acquired a new position in Sila Realty Trust, Inc. (NYSE:SILA – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 9,103 shares of the company’s stock, valued at approximately $215,000.

A number of other institutional investors have also recently bought and sold shares of the business. Aberdeen Group plc grew its stake in Sila Realty Trust by 3.6% during the 1st quarter. Aberdeen Group plc now owns 15,296 shares of the company’s stock valued at $409,000 after acquiring an additional 536 shares in the last quarter. Focus Partners Wealth boosted its holdings in shares of Sila Realty Trust by 1.6% during the first quarter. Focus Partners Wealth now owns 36,902 shares of the company’s stock worth $986,000 after purchasing an additional 585 shares during the period. Landscape Capital Management L.L.C. grew its position in Sila Realty Trust by 2.7% during the first quarter. Landscape Capital Management L.L.C. now owns 25,018 shares of the company’s stock valued at $668,000 after purchasing an additional 663 shares in the last quarter. Amundi grew its position in Sila Realty Trust by 2.1% during the first quarter. Amundi now owns 32,203 shares of the company’s stock valued at $869,000 after purchasing an additional 664 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in Sila Realty Trust by 1.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 45,528 shares of the company’s stock valued at $1,216,000 after buying an additional 669 shares during the period.

Sila Realty Trust Stock Performance

Shares of SILA opened at $23.46 on Friday. The company’s fifty day moving average is $24.35 and its 200-day moving average is $24.63. Sila Realty Trust, Inc. has a 12 month low of $22.52 and a 12 month high of $27.50. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 34.00 and a beta of -0.04. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.50.

Sila Realty Trust (NYSE:SILA – Get Free Report) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.33). The business had revenue of $49.85 million during the quarter, compared to analyst estimates of $49.73 million. Sila Realty Trust had a net margin of 19.86% and a return on equity of 2.80%. Equities analysts expect that Sila Realty Trust, Inc. will post 2.23 EPS for the current fiscal year.

Sila Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Thursday, November 20th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 6.8%. The ex-dividend date is Thursday, November 20th. Sila Realty Trust’s dividend payout ratio is 231.88%.

Wall Street Analysts Forecast Growth

SILA has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Sila Realty Trust in a research note on Wednesday, October 8th. Wells Fargo & Company initiated coverage on Sila Realty Trust in a report on Tuesday, September 23rd. They set an “equal weight” rating and a $27.00 price objective for the company. Finally, Wolfe Research started coverage on Sila Realty Trust in a research note on Monday, October 20th. They issued a “peer perform” rating and a $27.00 target price on the stock. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $27.33.

Get Our Latest Stock Analysis on SILA

About Sila Realty Trust

(Free Report)

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.

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