Nisa Investment Advisors LLC Sells 3,560 Shares of Sila Realty Trust, Inc. $SILA

Nisa Investment Advisors LLC trimmed its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 28.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,783 shares of the company’s stock after selling 3,560 shares during the period. Nisa Investment Advisors LLC’s holdings in Sila Realty Trust were worth $208,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Aberdeen Group plc increased its position in shares of Sila Realty Trust by 3.6% during the first quarter. Aberdeen Group plc now owns 15,296 shares of the company’s stock valued at $409,000 after buying an additional 536 shares during the period. Focus Partners Wealth increased its position in shares of Sila Realty Trust by 1.6% during the first quarter. Focus Partners Wealth now owns 36,902 shares of the company’s stock valued at $986,000 after buying an additional 585 shares during the period. Landscape Capital Management L.L.C. increased its position in shares of Sila Realty Trust by 2.7% during the first quarter. Landscape Capital Management L.L.C. now owns 25,018 shares of the company’s stock valued at $668,000 after buying an additional 663 shares during the period. Amundi increased its position in shares of Sila Realty Trust by 2.1% during the first quarter. Amundi now owns 32,203 shares of the company’s stock valued at $869,000 after buying an additional 664 shares during the period. Finally, Geneos Wealth Management Inc. increased its position in shares of Sila Realty Trust by 1.5% during the first quarter. Geneos Wealth Management Inc. now owns 45,528 shares of the company’s stock valued at $1,216,000 after buying an additional 669 shares during the period.

Sila Realty Trust Price Performance

Shares of SILA opened at $23.51 on Tuesday. The firm’s 50-day simple moving average is $24.59 and its two-hundred day simple moving average is $24.76. Sila Realty Trust, Inc. has a fifty-two week low of $22.52 and a fifty-two week high of $27.50. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 0.93. The stock has a market cap of $1.30 billion and a PE ratio of 34.07.

Sila Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st were issued a dividend of $0.40 per share. The ex-dividend date was Thursday, August 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.8%. Sila Realty Trust’s dividend payout ratio is presently 231.88%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Wolfe Research assumed coverage on shares of Sila Realty Trust in a research report on Monday, October 20th. They set a “peer perform” rating and a $27.00 price target on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sila Realty Trust in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company began coverage on shares of Sila Realty Trust in a report on Tuesday, September 23rd. They issued an “equal weight” rating and a $27.00 price objective on the stock. One analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sila Realty Trust currently has an average rating of “Hold” and a consensus target price of $27.33.

Sila Realty Trust Company 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.