Allworth Financial LP Sells 10,221 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Allworth Financial LP lessened its stake in Sila Realty Trust, Inc. (NYSE:SILA) by 20.4% in the 4th quarter, HoldingsChannel reports. The fund owned 39,831 shares of the company’s stock after selling 10,221 shares during the quarter. Allworth Financial LP’s holdings in Sila Realty Trust were worth $945,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. State Street Corp bought a new stake in shares of Sila Realty Trust during the third quarter valued at approximately $22,303,000. Geode Capital Management LLC acquired a new position in Sila Realty Trust during the 3rd quarter worth $14,599,000. Charles Schwab Investment Management Inc. bought a new position in Sila Realty Trust in the 3rd quarter valued at $8,100,000. Harbor Capital Advisors Inc. acquired a new stake in shares of Sila Realty Trust in the 3rd quarter valued at $6,949,000. Finally, International Assets Investment Management LLC raised its position in shares of Sila Realty Trust by 2,589.3% during the third quarter. International Assets Investment Management LLC now owns 212,082 shares of the company’s stock worth $5,364,000 after acquiring an additional 204,196 shares during the last quarter.

Sila Realty Trust Stock Down 1.5 %

Shares of NYSE SILA opened at $24.86 on Thursday. Sila Realty Trust, Inc. has a fifty-two week low of $7.45 and a fifty-two week high of $26.75. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. The company’s 50 day simple moving average is $24.47 and its 200 day simple moving average is $24.67.

Wall Street Analysts Forecast Growth

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

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.