8,046 Shares in Sila Realty Trust, Inc. (NYSE:SILA) Purchased by Private Wealth Group LLC

Private Wealth Group LLC purchased a new position in Sila Realty Trust, Inc. (NYSE:SILA) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 8,046 shares of the company’s stock, valued at approximately $215,000.

Other institutional investors have also modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. bought a new stake in Sila Realty Trust in the fourth quarter valued at about $1,453,000. Sumitomo Mitsui DS Asset Management Company Ltd bought a new stake in Sila Realty Trust in the fourth quarter valued at about $324,000. Apollon Wealth Management LLC increased its holdings in Sila Realty Trust by 16.7% in the fourth quarter. Apollon Wealth Management LLC now owns 30,640 shares of the company’s stock valued at $745,000 after buying an additional 4,385 shares during the last quarter. Van ECK Associates Corp increased its holdings in Sila Realty Trust by 10.2% in the fourth quarter. Van ECK Associates Corp now owns 10,873 shares of the company’s stock valued at $264,000 after buying an additional 1,007 shares during the last quarter. Finally, Asset Management One Co. Ltd. increased its holdings in Sila Realty Trust by 44,828.5% in the fourth quarter. Asset Management One Co. Ltd. now owns 80,422 shares of the company’s stock valued at $1,937,000 after buying an additional 80,243 shares during the last quarter.

Wall Street Analysts Forecast Growth

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

Sila Realty Trust Stock Up 0.9%

NYSE:SILA opened at $24.37 on Friday. The firm has a market capitalization of $1.34 billion and a PE ratio of 39.31. The stock has a 50 day moving average of $25.36 and a 200-day moving average of $25.15. Sila Realty Trust, Inc. has a 52 week low of $20.20 and a 52 week high of $27.50. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 6.57%. The ex-dividend date was Wednesday, May 21st. Sila Realty Trust’s dividend payout ratio (DPR) 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.