Adage Capital Partners GP L.L.C. Acquires 115,969 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Adage Capital Partners GP L.L.C. increased its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 101.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 230,000 shares of the company's stock after acquiring an additional 115,969 shares during the quarter. Adage Capital Partners GP L.L.C. owned about 0.42% of Sila Realty Trust worth $5,594,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Alpine Global Management LLC bought a new position in shares of Sila Realty Trust during the 4th quarter worth about $346,000. Hsbc Holdings PLC increased its stake in Sila Realty Trust by 17.8% during the fourth quarter. Hsbc Holdings PLC now owns 41,878 shares of the company's stock valued at $1,018,000 after acquiring an additional 6,318 shares during the period. Transce3nd LLC acquired a new position in Sila Realty Trust in the 4th quarter valued at approximately $252,000. MetLife Investment Management LLC bought a new stake in shares of Sila Realty Trust in the 4th quarter worth approximately $39,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Sila Realty Trust by 424.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 219,803 shares of the company's stock worth $5,345,000 after purchasing an additional 177,906 shares in the last quarter.

Wall Street Analyst Weigh In

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

Sila Realty Trust Trading Up 2.3 %

NYSE:SILA traded up $0.58 on Friday, reaching $26.12. The stock had a trading volume of 351,115 shares, compared to its average volume of 591,792. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. Sila Realty Trust, Inc. has a 1-year low of $20.20 and a 1-year high of $27.50. The stock has a fifty day moving average price of $25.81 and a 200-day moving average price of $25.18.

Sila Realty Trust Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were issued a dividend of $0.40 per share. The ex-dividend date was Wednesday, March 12th.

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.