Armis Advisers LLC Takes Position in Sila Realty Trust, Inc. (NYSE:SILA)

Armis Advisers LLC acquired a new stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 39,689 shares of the company's stock, valued at approximately $965,000. Armis Advisers LLC owned 0.07% of Sila Realty Trust at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Ameriflex Group Inc. purchased a new stake in shares of Sila Realty Trust during the fourth quarter valued at approximately $156,000. Alpine Global Management LLC purchased a new position in shares of Sila Realty Trust in the fourth quarter valued at $346,000. Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in Sila Realty Trust during the 4th quarter valued at $12,625,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Sila Realty Trust by 1.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 163,786 shares of the company's stock worth $3,983,000 after buying an additional 2,029 shares during the period. Finally, Twinbeech Capital LP purchased a new stake in Sila Realty Trust during the 4th quarter worth $248,000.

Sila Realty Trust Stock Down 0.5%

SILA stock traded down $0.13 during midday trading on Wednesday, hitting $24.81. 268,748 shares of the company's stock were exchanged, compared to its average volume of 575,965. The firm has a 50 day moving average price of $25.74 and a 200-day moving average price of $25.18. Sila Realty Trust, Inc. has a 12-month low of $20.20 and a 12-month high of $27.50. The stock has a market capitalization of $1.37 billion and a price-to-earnings ratio of 40.02. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37.

Sila Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be paid a $0.40 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.45%. Sila Realty Trust's dividend payout ratio (DPR) is presently 258.06%.

Analysts Set New Price Targets

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

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.