14,237 Shares in Sila Realty Trust, Inc. (NYSE:SILA) Purchased by Alpine Global Management LLC

Alpine Global Management LLC bought a new position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 14,237 shares of the company's stock, valued at approximately $346,000.

A number of other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its stake in Sila Realty Trust by 510.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 36,509 shares of the company's stock worth $923,000 after buying an additional 30,533 shares during the period. Merit Financial Group LLC increased its position in shares of Sila Realty Trust by 23.8% during the fourth quarter. Merit Financial Group LLC now owns 11,906 shares of the company's stock valued at $290,000 after acquiring an additional 2,291 shares during the last quarter. Sound Income Strategies LLC increased its position in Sila Realty Trust by 16.8% in the fourth quarter. Sound Income Strategies LLC now owns 5,690 shares of the company's stock worth $138,000 after buying an additional 817 shares during the last quarter. Geneos Wealth Management Inc. purchased a new stake in Sila Realty Trust in the fourth quarter worth $1,091,000. Finally, Blue Trust Inc. increased its position in Sila Realty Trust by 5.6% in the fourth quarter. Blue Trust Inc. now owns 9,138 shares of the company's stock worth $231,000 after buying an additional 481 shares during the last quarter.

Analyst Upgrades and Downgrades

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

Sila Realty Trust Stock Up 1.9%

Shares of Sila Realty Trust stock traded up $0.46 during midday trading on Tuesday, hitting $24.86. The company had a trading volume of 494,490 shares, compared to its average volume of 374,862. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a market capitalization of $1.37 billion and a P/E ratio of 40.09. The company has a 50 day moving average of $25.77 and a 200 day moving average of $25.18. Sila Realty Trust, Inc. has a 52-week low of $16.00 and a 52-week high of $27.50.

Sila Realty Trust Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $1.60 annualized dividend and a dividend yield of 6.44%. Sila Realty Trust's payout ratio is 258.06%.

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.