Envestnet Asset Management Inc. Raises Stake in Sila Realty Trust, Inc. (NYSE:SILA)

Envestnet Asset Management Inc. grew its position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 18.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 178,445 shares of the company's stock after purchasing an additional 27,166 shares during the period. Envestnet Asset Management Inc. owned approximately 0.32% of Sila Realty Trust worth $4,340,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in Sila Realty Trust by 94.0% during the fourth quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company's stock worth $124,839,000 after acquiring an additional 2,487,337 shares during the period. William Blair Investment Management LLC acquired a new stake in Sila Realty Trust during the fourth quarter worth about $25,918,000. Victory Capital Management Inc. acquired a new stake in Sila Realty Trust in the fourth quarter valued at approximately $16,253,000. Geode Capital Management LLC grew its holdings in Sila Realty Trust by 15.6% in 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. grew its holdings in Sila Realty Trust by 99.5% in 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.

Analyst Upgrades and Downgrades

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

Sila Realty Trust Stock Performance

Shares of NYSE SILA traded down $0.38 during midday trading on Tuesday, hitting $25.63. The stock had a trading volume of 250,552 shares, compared to its average volume of 595,043. The stock has a 50 day simple moving average of $25.72 and a 200-day simple moving average of $25.19. Sila Realty Trust, Inc. has a 1 year low of $20.20 and a 1 year high of $27.50. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78.

Sila Realty Trust Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th were given a $0.40 dividend. The ex-dividend date was Wednesday, March 12th.

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.