Safeguard Investment Advisory Group LLC Invests $300,000 in Sila Realty Trust, Inc. (NYSE:SILA)

Safeguard Investment Advisory Group LLC purchased a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 12,355 shares of the company's stock, valued at approximately $300,000.

A number of other large investors have also added to or reduced their stakes in SILA. MetLife Investment Management LLC bought a new stake in shares of Sila Realty Trust in the 4th quarter worth about $39,000. Pineridge Advisors LLC increased its holdings in Sila Realty Trust by 244.0% in the fourth quarter. Pineridge Advisors LLC now owns 3,244 shares of the company's stock valued at $79,000 after buying an additional 2,301 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in Sila Realty Trust by 507.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company's stock valued at $84,000 after buying an additional 2,895 shares during the last quarter. Sound Income Strategies LLC raised its stake in Sila Realty Trust by 16.8% during the fourth quarter. Sound Income Strategies LLC now owns 5,690 shares of the company's stock valued at $138,000 after buying an additional 817 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV bought a new position in Sila Realty Trust during the 4th quarter worth approximately $207,000.

Sila Realty Trust Stock Performance

Shares of NYSE SILA traded down $0.58 during mid-day trading on Thursday, hitting $24.38. The company had a trading volume of 143,958 shares, compared to its average volume of 577,552. The stock has a market cap of $1.34 billion and a price-to-earnings ratio of 39.32. Sila Realty Trust, Inc. has a 12 month low of $20.20 and a 12 month high of $27.50. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. The firm's 50 day simple moving average is $25.89 and its two-hundred day simple moving average is $25.19.

Sila Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be given a dividend of $0.40 per share. The ex-dividend date is Wednesday, May 21st. This represents a $1.60 annualized dividend and a dividend yield of 6.56%. Sila Realty Trust's dividend payout ratio is currently 258.06%.

Wall Street Analysts Forecast Growth

Separately, Truist Financial boosted their price target on Sila Realty Trust from $27.00 to $28.00 and gave the company a "buy" rating in a report on Monday, March 17th.

About Sila Realty Trust

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.