Sila Realty Trust, Inc. $SILA Stock Position Raised by Hsbc Holdings PLC

Hsbc Holdings PLC grew its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 23.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 92,404 shares of the company’s stock after buying an additional 17,658 shares during the quarter. Hsbc Holdings PLC owned approximately 0.17% of Sila Realty Trust worth $2,154,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Golden State Wealth Management LLC boosted its stake in Sila Realty Trust by 87.6% during the fourth quarter. Golden State Wealth Management LLC now owns 1,071 shares of the company’s stock worth $25,000 after buying an additional 500 shares in the last quarter. Entrust Financial LLC bought a new position in shares of Sila Realty Trust during the 4th quarter worth about $29,000. Newbridge Financial Services Group Inc. lifted its holdings in shares of Sila Realty Trust by 90.4% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 1,232 shares of the company’s stock worth $31,000 after acquiring an additional 585 shares during the period. Basepoint Wealth LLC acquired a new stake in shares of Sila Realty Trust during the 4th quarter valued at about $30,000. Finally, United Financial Planning Group LLC acquired a new stake in shares of Sila Realty Trust during the 3rd quarter valued at about $35,000.

Sila Realty Trust Stock Performance

Shares of NYSE:SILA opened at $30.36 on Tuesday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.52. Sila Realty Trust, Inc. has a 1-year low of $21.94 and a 1-year high of $30.63. The stock has a market capitalization of $1.68 billion, a P/E ratio of 45.32 and a beta of 0.95. The business has a 50-day moving average price of $30.27 and a two-hundred day moving average price of $26.37.

Sila Realty Trust (NYSE:SILA) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.20 by $0.02. The company had revenue of $52.66 million during the quarter, compared to analysts’ expectations of $49.77 million. Sila Realty Trust had a net margin of 18.64% and a return on equity of 2.81%. Equities analysts predict that Sila Realty Trust, Inc. will post 2.3 earnings per share for the current year.

Sila Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Wednesday, May 20th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Wednesday, May 20th. Sila Realty Trust’s payout ratio is currently 238.81%.

Analyst Ratings Changes

Several research analysts recently issued reports on SILA shares. Zacks Research raised shares of Sila Realty Trust to a “hold” rating in a research report on Tuesday, March 3rd. Freedom Capital downgraded Sila Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. BNP Paribas Exane reiterated a “neutral” rating and issued a $31.00 price objective (up from $28.00) on shares of Sila Realty Trust in a research note on Tuesday, April 21st. Weiss Ratings raised Sila Realty Trust from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Finally, Truist Financial set a $30.00 target price on Sila Realty Trust in a research report on Thursday. One investment analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $29.50.

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. Our portfolio comprises high quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients.