Apollon Wealth Management LLC trimmed its position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 64.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,751 shares of the company's stock after selling 19,889 shares during the quarter. Apollon Wealth Management LLC's holdings in Sila Realty Trust were worth $287,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Sila Realty Trust during the 1st quarter valued at approximately $39,000. MetLife Investment Management LLC bought a new stake in Sila Realty Trust in the 4th quarter worth $39,000. Asset Dedication LLC boosted its stake 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 valued at $47,000 after purchasing an additional 1,399 shares in the last quarter. KBC Group NV bought a new stake in shares of Sila Realty Trust during the 1st quarter valued at about $79,000. Finally, ORG Wealth Partners LLC purchased a new position in Sila Realty Trust during the 1st quarter valued at about $80,000.
Sila Realty Trust Stock Performance
NYSE SILA traded up $0.36 during trading hours on Monday, hitting $24.91. 311,103 shares of the company's stock traded hands, compared to its average volume of 546,734. The firm has a market capitalization of $1.37 billion and a P/E ratio of 40.18. Sila Realty Trust, Inc. has a 52 week low of $21.29 and a 52 week high of $27.50. The business's fifty day moving average price is $24.42 and its two-hundred day moving average price is $24.96. 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 Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 6.42%. The ex-dividend date of this dividend was Wednesday, May 21st. Sila Realty Trust's dividend payout ratio is currently 258.06%.
About Sila Realty Trust
(
Free Report)
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.
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