Public Employees Retirement System of Ohio Purchases 1,412 Shares of Sila Realty Trust, Inc. $SILA

Public Employees Retirement System of Ohio increased its position in Sila Realty Trust, Inc. (NYSE:SILA) by 1.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 78,933 shares of the company’s stock after purchasing an additional 1,412 shares during the quarter. Public Employees Retirement System of Ohio owned approximately 0.14% of Sila Realty Trust worth $1,868,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of SILA. Mirae Asset Global Investments Co. Ltd. bought a new position in Sila Realty Trust in the first quarter worth approximately $39,000. Asset Dedication LLC lifted its holdings in Sila Realty Trust by 398.6% during the first quarter. Asset Dedication LLC now owns 1,750 shares of the company’s stock worth $47,000 after buying an additional 1,399 shares during the period. Avalon Trust Co purchased a new stake in Sila Realty Trust during the first quarter worth $47,000. KBC Group NV purchased a new stake in Sila Realty Trust during the first quarter worth $79,000. Finally, ORG Wealth Partners LLC purchased a new stake in Sila Realty Trust during the first quarter worth $80,000.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on SILA. Wells Fargo & Company began coverage on Sila Realty Trust in a report on Tuesday, September 23rd. They set an “equal weight” rating and a $27.00 target price for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Sila Realty Trust in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $27.50.

Sila Realty Trust Stock Performance

Shares of SILA opened at $24.39 on Friday. Sila Realty Trust, Inc. has a 12 month low of $22.52 and a 12 month high of $27.50. The stock has a fifty day moving average price of $25.08 and a 200-day moving average price of $25.10. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.43. The firm has a market cap of $1.35 billion and a PE ratio of 35.35.

Sila Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $1.60 dividend on an annualized basis and a yield of 6.6%. Sila Realty Trust’s 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.