Ameriprise Financial Inc. Makes New Investment in Sila Realty Trust, Inc. (NYSE:SILA)

Ameriprise Financial Inc. purchased a new position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 75,341 shares of the company's stock, valued at approximately $1,832,000. Ameriprise Financial Inc. owned 0.14% of Sila Realty Trust as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SILA. MetLife Investment Management LLC bought a new position in shares of Sila Realty Trust during the fourth quarter valued at approximately $39,000. Pineridge Advisors LLC grew its stake in shares of Sila Realty Trust by 244.0% in the 4th quarter. Pineridge Advisors LLC now owns 3,244 shares of the company's stock worth $79,000 after buying an additional 2,301 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Sila Realty Trust by 507.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company's stock worth $84,000 after buying an additional 2,895 shares during the last quarter. First Trust Advisors LP bought a new position in Sila Realty Trust during the 4th quarter valued at approximately $210,000. Finally, Aptus Capital Advisors LLC purchased a new position in Sila Realty Trust during the fourth quarter valued at $219,000.

Analyst Upgrades and Downgrades

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

Sila Realty Trust Stock Up 0.9%

NYSE:SILA traded up $0.22 on Wednesday, reaching $24.74. 373,549 shares of the stock traded hands, compared to its average volume of 572,340. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $1.36 billion and a price-to-earnings ratio of 39.90. Sila Realty Trust, Inc. has a 12 month low of $20.20 and a 12 month high of $27.50. The company's fifty day simple moving average is $25.59 and its 200 day simple moving average is $25.19.

Sila Realty Trust Dividend Announcement

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. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.47%. The ex-dividend date of this dividend is Wednesday, May 21st. Sila Realty Trust's payout ratio 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.