KBC Group NV Makes New Investment in Sila Realty Trust, Inc. (NYSE:SILA)

KBC Group NV acquired a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,944 shares of the company’s stock, valued at approximately $79,000.

Several other hedge funds have also recently modified their holdings of SILA. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Sila Realty Trust during the 1st quarter worth approximately $39,000. MetLife Investment Management LLC purchased a new position in shares of Sila Realty Trust during the 4th quarter valued at approximately $39,000. ORG Wealth Partners LLC purchased a new position in shares of Sila Realty Trust during the 1st quarter valued at approximately $80,000. EverSource Wealth Advisors LLC lifted its position in shares of 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 buying an additional 2,895 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its position in shares of Sila Realty Trust by 38.8% during the 1st quarter. Sunbelt Securities Inc. now owns 3,630 shares of the company’s stock valued at $97,000 after buying an additional 1,015 shares in the last quarter.

Sila Realty Trust Trading Down 1.8%

Shares of SILA stock opened at $23.50 on Wednesday. The stock’s fifty day moving average is $24.68 and its two-hundred day moving average is $24.96. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market capitalization of $1.30 billion and a P/E ratio of 37.90. Sila Realty Trust, Inc. has a fifty-two week low of $21.12 and a fifty-two week high of $27.50.

Sila Realty Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st were issued a $0.40 dividend. The ex-dividend date was Wednesday, May 21st. This represents a $1.60 dividend on an annualized basis and a yield of 6.81%. Sila Realty Trust’s payout ratio is currently 258.06%.

Wall Street Analysts Forecast Growth

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

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.