KLP Kapitalforvaltning AS Buys Shares of 10,600 Sila Realty Trust, Inc. (NYSE:SILA)

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 position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,600 shares of the company's stock, valued at approximately $283,000.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Sila Realty Trust by 94.0% in the 4th quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company's stock valued at $124,839,000 after acquiring an additional 2,487,337 shares during the last quarter. Frontier Capital Management Co. LLC raised its position in Sila Realty Trust by 240.0% during the fourth quarter. Frontier Capital Management Co. LLC now owns 2,125,774 shares of the company's stock valued at $51,699,000 after purchasing an additional 1,500,624 shares during the period. Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new stake in shares of Sila Realty Trust in the 4th quarter valued at approximately $12,625,000. Marshall Wace LLP bought a new stake in shares of Sila Realty Trust in the 4th quarter valued at approximately $7,514,000. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Sila Realty Trust by 424.6% in 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 during the period.

Sila Realty Trust Trading Up 2.0%

Shares of NYSE SILA traded up $0.50 during trading hours on Friday, hitting $24.94. 348,056 shares of the company traded hands, compared to its average volume of 398,494. The stock has a market capitalization of $1.38 billion and a price-to-earnings ratio of 40.23. The company's 50 day moving average price is $24.39 and its 200 day moving average price is $25.05. Sila Realty Trust, Inc. has a 12 month low of $21.29 and a 12 month high of $27.50. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.40.

Sila Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 6.4%. The ex-dividend date was Wednesday, May 21st. 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.