State of Alaska Department of Revenue Has $639,000 Position in Sila Realty Trust, Inc. $SILA

State of Alaska Department of Revenue lessened its position in Sila Realty Trust, Inc. (NYSE:SILA) by 2.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,014 shares of the company’s stock after selling 538 shares during the period. State of Alaska Department of Revenue’s holdings in Sila Realty Trust were worth $639,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SILA. Wealth Enhancement Advisory Services LLC increased its holdings in Sila Realty Trust by 6.2% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 24,714 shares of the company’s stock worth $601,000 after purchasing an additional 1,445 shares in the last quarter. Park Avenue Securities LLC acquired a new position in Sila Realty Trust in the 1st quarter worth about $277,000. Octavia Wealth Advisors LLC acquired a new position in Sila Realty Trust in the 1st quarter worth about $250,000. Harbor Capital Advisors Inc. increased its holdings in Sila Realty Trust by 2.6% in the 1st quarter. Harbor Capital Advisors Inc. now owns 428,586 shares of the company’s stock worth $11,448,000 after purchasing an additional 10,673 shares in the last quarter. Finally, Private Wealth Group LLC acquired a new position in Sila Realty Trust in the 1st quarter worth about $215,000.

Sila Realty Trust Stock Down 0.0%

Shares of Sila Realty Trust stock opened at $23.95 on Wednesday. Sila Realty Trust, Inc. has a one year low of $22.52 and a one year high of $27.50. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.93 and a quick ratio of 0.93. The stock’s 50-day moving average is $25.04 and its 200 day moving average is $25.07. The firm has a market cap of $1.32 billion and a price-to-earnings ratio of 34.70.

Sila Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were given a dividend of $0.40 per share. The ex-dividend date was Thursday, August 21st. This represents a $1.60 annualized dividend and a dividend yield of 6.7%. Sila Realty Trust’s dividend payout ratio is presently 231.88%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Sila Realty Trust in a research note on Saturday, September 27th. Wells Fargo & Company assumed coverage on Sila Realty Trust in a research note on Tuesday, September 23rd. They issued an “equal weight” rating and a $27.00 price target for the company. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Sila Realty Trust presently has an average rating of “Hold” and an average target price of $27.50.

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.