Sila Realty Trust, Inc. (NYSE:SILA) Shares Sold by Focus Partners Wealth

Focus Partners Wealth trimmed its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 16.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,317 shares of the company’s stock after selling 7,139 shares during the period. Focus Partners Wealth owned about 0.07% of Sila Realty Trust worth $892,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SILA. Vanguard Group Inc. grew its holdings in Sila Realty Trust by 94.0% in the fourth quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company’s stock valued at $124,839,000 after purchasing an additional 2,487,337 shares during the period. Frontier Capital Management Co. LLC grew its holdings in Sila Realty Trust by 240.0% in the fourth quarter. Frontier Capital Management Co. LLC now owns 2,125,774 shares of the company’s stock valued at $51,699,000 after purchasing an additional 1,500,624 shares during the period. Conversant Capital LLC grew its holdings in Sila Realty Trust by 6.4% in the fourth quarter. Conversant Capital LLC now owns 1,924,033 shares of the company’s stock valued at $46,792,000 after purchasing an additional 115,552 shares during the period. William Blair Investment Management LLC acquired a new stake in Sila Realty Trust in the fourth quarter valued at approximately $25,918,000. Finally, Victory Capital Management Inc. acquired a new stake in Sila Realty Trust in the fourth quarter valued at approximately $16,253,000.

Analyst Ratings Changes

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

Sila Realty Trust Price Performance

SILA stock opened at $26.05 on Monday. 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 company has a market capitalization of $1.44 billion and a PE ratio of 42.02. Sila Realty Trust, Inc. has a 12-month low of $20.20 and a 12-month high of $27.50. The business’s fifty day moving average price is $25.86 and its 200 day moving average price is $25.17.

Sila Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be issued a $0.40 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $1.60 annualized dividend and a dividend yield of 6.14%. Sila Realty Trust’s dividend payout ratio is presently 258.06%.

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.