Cresset Asset Management LLC Purchases 920 Shares of Sila Realty Trust, Inc. $SILA

Cresset Asset Management LLC boosted its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 6.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,800 shares of the company’s stock after buying an additional 920 shares during the quarter. Cresset Asset Management LLC’s holdings in Sila Realty Trust were worth $422,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. bought a new stake in Sila Realty Trust during the 1st quarter valued at $39,000. MetLife Investment Management LLC bought a new stake in Sila Realty Trust during the 4th quarter valued at $39,000. Asset Dedication LLC raised its holdings in Sila Realty Trust by 398.6% during the 1st quarter. Asset Dedication LLC now owns 1,750 shares of the company’s stock valued at $47,000 after buying an additional 1,399 shares during the last quarter. Avalon Trust Co bought a new stake in Sila Realty Trust during the 1st quarter valued at $47,000. Finally, KBC Group NV bought a new stake in Sila Realty Trust during the 1st quarter valued at $79,000.

Sila Realty Trust Trading Up 0.3%

NYSE:SILA opened at $24.93 on Monday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.43. The company has a fifty day moving average of $24.53 and a 200 day moving average of $25.11. The firm has a market capitalization of $1.38 billion, a P/E ratio of 36.13 and a beta of 0.01. Sila Realty Trust, Inc. has a 52 week low of $22.52 and a 52 week high of $27.50.

Sila Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date of this dividend is Thursday, August 21st. Sila Realty Trust’s payout ratio is presently 231.88%.

Sila Realty Trust 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.