Sila Realty Trust, Inc. (NYSE:SILA) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers decreased its position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 11.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 276,429 shares of the company's stock after selling 36,946 shares during the quarter. Cetera Investment Advisers owned approximately 0.50% of Sila Realty Trust worth $6,723,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in SILA. Vanguard Group Inc. grew its holdings in Sila Realty Trust by 94.0% during the 4th quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company's stock valued at $124,839,000 after buying an additional 2,487,337 shares in the last quarter. William Blair Investment Management LLC purchased a new position in Sila Realty Trust during the fourth quarter worth $25,918,000. Victory Capital Management Inc. purchased a new stake in shares of Sila Realty Trust during the fourth quarter valued at $16,253,000. Geode Capital Management LLC boosted its stake in shares of Sila Realty Trust by 15.6% during the fourth quarter. Geode Capital Management LLC now owns 667,055 shares of the company's stock valued at $16,231,000 after purchasing an additional 90,060 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Sila Realty Trust by 99.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 639,006 shares of the company's stock valued at $15,541,000 after purchasing an additional 318,737 shares during the period.

Wall Street Analysts Forecast Growth

Separately, Truist Financial upped their price objective on shares of Sila Realty Trust from $27.00 to $28.00 and gave the stock a "buy" rating in a research note on Monday, March 17th.

Sila Realty Trust Price Performance

NYSE SILA traded up $0.60 during mid-day trading on Friday, hitting $26.05. The stock had a trading volume of 309,428 shares, compared to its average volume of 582,885. The firm's 50 day moving average is $25.86 and its 200 day moving average is $25.17. Sila Realty Trust, Inc. has a twelve month low of $20.20 and a twelve 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 stock has a market capitalization of $1.44 billion and a price-to-earnings ratio of 42.02.

Sila Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.14%. The ex-dividend date of this dividend is Wednesday, May 21st. Sila Realty Trust's payout ratio is 258.06%.

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.