10,600 Shares in Sila Realty Trust, Inc. (NYSE:SILA) Bought by KLP Kapitalforvaltning AS

Key Points

• KLP Kapitalforvaltning AS has purchased 10,600 shares of Sila Realty Trust, Inc. (NYSE:SILA), valued at approximately $283,000, indicating growing institutional interest in the company.
• The company has announced a quarterly dividend of $0.40 per share, representing a 6.6% dividend yield, despite a high payout ratio of 258.06%.
• Sila Realty Trust, with a market capitalization of $1.35 billion, focuses on investing in the healthcare sector to generate stable income streams.

KLP Kapitalforvaltning AS acquired a new stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 10,600 shares of the company's stock, valued at approximately $283,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SILA. Choreo LLC acquired a new stake in Sila Realty Trust during the 1st quarter valued at approximately $203,000. HighPoint Advisor Group LLC grew its position in shares of Sila Realty Trust by 20.8% during the 1st quarter. HighPoint Advisor Group LLC now owns 23,805 shares of the company's stock worth $610,000 after buying an additional 4,096 shares during the period. Victory Capital Management Inc. grew its position in shares of Sila Realty Trust by 15.7% during the 1st quarter. Victory Capital Management Inc. now owns 772,937 shares of the company's stock worth $20,645,000 after buying an additional 104,634 shares during the period. Asset Dedication LLC grew its position in shares of Sila Realty Trust by 398.6% during the 1st quarter. Asset Dedication LLC now owns 1,750 shares of the company's stock worth $47,000 after buying an additional 1,399 shares during the period. Finally, CWM LLC grew its position in shares of Sila Realty Trust by 4.6% during the 1st quarter. CWM LLC now owns 18,777 shares of the company's stock worth $502,000 after buying an additional 831 shares during the period.

Sila Realty Trust Trading Up 0.8%

Shares of SILA stock traded up $0.21 during trading hours on Tuesday, hitting $25.47. 170,241 shares of the company were exchanged, compared to its average volume of 440,240. The firm has a market cap of $1.40 billion, a P/E ratio of 41.07 and a beta of 0.01. Sila Realty Trust, Inc. has a fifty-two week low of $21.29 and a fifty-two week high of $27.50. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 0.99. The company has a 50 day simple moving average of $24.41 and a two-hundred day simple moving average of $25.07.

Sila Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $1.60 annualized dividend and a dividend yield of 6.3%. Sila Realty Trust's dividend payout ratio (DPR) is 258.06%.

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.