Arizona State Retirement System Makes New Investment in Sila Realty Trust, Inc. (NYSE:SILA)

Arizona State Retirement System bought a new stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 15,775 shares of the company's stock, valued at approximately $421,000.

A number of other large investors have also recently modified their holdings of SILA. Mirae Asset Global Investments Co. Ltd. acquired a new position in Sila Realty Trust during the 1st quarter valued at about $39,000. MetLife Investment Management LLC purchased a new position in shares of Sila Realty Trust in the 4th quarter worth approximately $39,000. KBC Group NV purchased a new position in shares of Sila Realty Trust in the 1st quarter worth approximately $79,000. ORG Wealth Partners LLC purchased a new position in shares of Sila Realty Trust in the 1st quarter worth approximately $80,000. Finally, Sunbelt Securities Inc. boosted its stake in shares of Sila Realty Trust by 38.8% in the 1st quarter. Sunbelt Securities Inc. now owns 3,630 shares of the company's stock worth $97,000 after buying an additional 1,015 shares during the last quarter.

Sila Realty Trust Price Performance

Sila Realty Trust stock opened at $25.62 on Wednesday. The company has a market cap of $1.41 billion and a price-to-earnings ratio of 41.32. The business's 50 day simple moving average is $24.42 and its 200 day simple moving average is $24.96. 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 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were issued a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, May 21st. This represents a $1.60 annualized dividend and a dividend yield of 6.24%. Sila Realty Trust's payout ratio is currently 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.

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