IFM Investors Pty Ltd Has $211,000 Holdings in Sila Realty Trust, Inc. $SILA

IFM Investors Pty Ltd lessened its position in Sila Realty Trust, Inc. (NYSE:SILA) by 22.6% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 8,923 shares of the company’s stock after selling 2,605 shares during the period. IFM Investors Pty Ltd’s holdings in Sila Realty Trust were worth $211,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Sila Realty Trust during the first quarter valued at approximately $39,000. Asset Dedication LLC boosted its position in Sila Realty Trust by 398.6% in the first quarter. Asset Dedication LLC now owns 1,750 shares of the company’s stock worth $47,000 after purchasing an additional 1,399 shares during the last quarter. Avalon Trust Co purchased a new position in Sila Realty Trust in the first quarter worth $47,000. KBC Group NV purchased a new position in Sila Realty Trust in the first quarter worth $79,000. Finally, ORG Wealth Partners LLC purchased a new position in Sila Realty Trust in the first quarter worth $80,000.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company assumed coverage on Sila Realty Trust in a research report on Tuesday. They issued an “equal weight” rating and a $27.00 price objective on the stock. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Sila Realty Trust has an average rating of “Moderate Buy” and an average target price of $27.67.

Sila Realty Trust Price Performance

Shares of NYSE SILA opened at $25.36 on Wednesday. The firm has a market capitalization of $1.40 billion, a P/E ratio of 36.76 and a beta of 0.01. 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 stock’s 50-day simple moving average is $25.11 and its two-hundred day simple moving average is $25.14. Sila Realty Trust, Inc. has a twelve month low of $22.52 and a twelve month high of $27.50.

Sila Realty Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date was Thursday, August 21st. Sila Realty Trust’s dividend payout ratio is currently 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.