Nisa Investment Advisors LLC Decreases Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Nisa Investment Advisors LLC cut its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 10.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,913 shares of the company’s stock after selling 1,575 shares during the period. Nisa Investment Advisors LLC’s holdings in Sila Realty Trust were worth $338,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SILA. State Street Corp acquired a new position in Sila Realty Trust during the third quarter worth about $22,303,000. Millennium Management LLC purchased a new stake in Sila Realty Trust in the 2nd quarter valued at approximately $16,010,000. Geode Capital Management LLC acquired a new stake in Sila Realty Trust during the 3rd quarter valued at $14,599,000. Cetera Investment Advisers acquired a new stake in Sila Realty Trust during the 2nd quarter valued at $7,547,000. Finally, Charles Schwab Investment Management Inc. purchased a new position in Sila Realty Trust during the third quarter worth $8,100,000.

Sila Realty Trust Stock Down 2.7 %

NYSE SILA opened at $23.92 on Thursday. 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 business’s 50-day moving average price is $24.68 and its 200 day moving average price is $24.48. Sila Realty Trust, Inc. has a twelve month low of $7.45 and a twelve month high of $26.75.

Sila Realty Trust (NYSE:SILA) last issued its quarterly 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). 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. Research analysts expect that Sila Realty Trust, Inc. will post 2.23 earnings per share for the current fiscal year.

Sila Realty Trust Dividend Announcement

The company also recently disclosed 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 6.69%.

Analyst Ratings Changes

SILA has been the topic of a number of analyst reports. Janney Montgomery Scott began coverage on Sila Realty Trust in a research note on Thursday, October 3rd. They set a “buy” rating and a $28.00 price objective on the stock. Truist Financial decreased 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 note on Wednesday, December 18th.

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.