Sila Realty Trust, Inc. (NYSE:SILA) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors reduced its position in Sila Realty Trust, Inc. (NYSE:SILA) by 9.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,299 shares of the company’s stock after selling 1,784 shares during the quarter. Captrust Financial Advisors’ holdings in Sila Realty Trust were worth $421,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. MetLife Investment Management LLC purchased a new stake in Sila Realty Trust during the 4th quarter worth about $39,000. Pineridge Advisors LLC grew its stake in shares of Sila Realty Trust by 244.0% during the fourth 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 increased its holdings in Sila Realty Trust by 507.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company’s stock valued at $84,000 after buying an additional 2,895 shares during the last quarter. Sound Income Strategies LLC raised its stake in 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 buying an additional 817 shares in the last quarter. Finally, First Trust Advisors LP purchased a new stake in Sila Realty Trust during the 4th quarter worth about $210,000.

Analyst Upgrades and Downgrades

Separately, Truist Financial upped their price target 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 Price Performance

Shares of SILA opened at $26.00 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. Sila Realty Trust, Inc. has a 1-year low of $20.20 and a 1-year high of $27.50. The stock has a market cap of $1.43 billion and a PE ratio of 41.94. The firm has a fifty day moving average price of $25.87 and a 200 day moving average price of $25.18.

Sila Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.15%. The ex-dividend date of this dividend is Wednesday, May 21st. Sila Realty Trust’s dividend payout ratio (DPR) is currently 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.