Alliancebernstein L.P. trimmed its holdings in Sila Realty Trust, Inc. (NYSE:SILA – Free Report) by 13.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,555 shares of the company’s stock after selling 1,433 shares during the quarter. Alliancebernstein L.P.’s holdings in Sila Realty Trust were worth $232,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently made changes to their positions in the business. Carolina Wealth Advisors LLC acquired a new position in shares of Sila Realty Trust in the fourth quarter worth about $26,000. Pineridge Advisors LLC grew its position in Sila Realty Trust by 244.0% during the 4th quarter. Pineridge Advisors LLC now owns 3,244 shares of the company’s stock worth $79,000 after purchasing an additional 2,301 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Sila Realty Trust by 507.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company’s stock valued at $84,000 after purchasing an additional 2,895 shares during the period. Sound Income Strategies LLC lifted its holdings in shares of Sila Realty Trust by 16.8% in the fourth quarter. Sound Income Strategies LLC now owns 5,690 shares of the company’s stock valued at $138,000 after purchasing an additional 817 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in shares of Sila Realty Trust by 5.6% in the fourth quarter. Blue Trust Inc. now owns 9,138 shares of the company’s stock worth $222,000 after buying an additional 481 shares during the period.
Analysts Set New Price Targets
Separately, Truist Financial raised their price objective on Sila Realty Trust from $27.00 to $28.00 and gave the stock a “buy” rating in a research report on Monday, March 17th.
Sila Realty Trust Price Performance
Shares of SILA stock opened at $25.68 on Tuesday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37. Sila Realty Trust, Inc. has a fifty-two week low of $20.20 and a fifty-two week high of $27.50. The stock’s 50-day moving average is $25.63 and its two-hundred day moving average is $25.15.
Sila Realty Trust Dividend Announcement
The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were paid a $0.40 dividend. The ex-dividend date was Wednesday, March 12th.
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.
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