First Trust Advisors LP Takes $210,000 Position in Sila Realty Trust, Inc. (NYSE:SILA)

First Trust Advisors LP acquired a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 8,652 shares of the company’s stock, valued at approximately $210,000.

Other hedge funds have also modified their holdings of the company. Marshall Wace LLP purchased a new stake in shares of Sila Realty Trust during the 4th quarter valued at $7,514,000. Keeley Teton Advisors LLC lifted its stake in shares of Sila Realty Trust by 21.7% in the 4th quarter. Keeley Teton Advisors LLC now owns 146,492 shares of the company’s stock valued at $3,563,000 after purchasing an additional 26,107 shares in the last quarter. CreativeOne Wealth LLC grew its holdings in shares of Sila Realty Trust by 5.4% during the 4th quarter. CreativeOne Wealth LLC now owns 17,236 shares of the company’s stock worth $419,000 after purchasing an additional 885 shares during the period. Barclays PLC grew its holdings in shares of Sila Realty Trust by 205.0% during the 4th quarter. Barclays PLC now owns 71,351 shares of the company’s stock worth $1,736,000 after purchasing an additional 47,959 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Sila Realty Trust during the 4th quarter worth approximately $1,092,000.

Analyst Ratings Changes

Separately, Truist Financial lifted their price target on shares of Sila Realty Trust from $27.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, March 17th.

Sila Realty Trust Stock Up 1.4%

Shares of NYSE SILA opened at $25.67 on Monday. The stock has a fifty day moving average price of $25.87 and a 200 day moving average price of $25.17. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. Sila Realty Trust, Inc. has a 12-month low of $20.20 and a 12-month high of $27.50. The company has a market cap of $1.42 billion and a P/E ratio of 41.40.

Sila Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 6.23%. The ex-dividend date of this dividend is Wednesday, May 21st. Sila Realty Trust’s dividend payout ratio (DPR) is presently 258.06%.

About Sila Realty Trust

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.