Sila Realty Trust, Inc. (NYSE:SILA) Shares Bought by Bank of America Corp DE

Bank of America Corp DE raised its holdings in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 365.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 95,952 shares of the company's stock after acquiring an additional 75,339 shares during the period. Bank of America Corp DE owned 0.17% of Sila Realty Trust worth $2,334,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. MetLife Investment Management LLC purchased a new stake in Sila Realty Trust in the fourth quarter valued at approximately $39,000. Pineridge Advisors LLC grew its stake in shares of Sila Realty Trust by 244.0% during the 4th quarter. Pineridge Advisors LLC now owns 3,244 shares of the company's stock valued at $79,000 after buying an additional 2,301 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Sila Realty Trust by 507.9% during 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 purchased a new position in shares of Sila Realty Trust in the 4th quarter worth $210,000. Finally, Aptus Capital Advisors LLC acquired a new position in Sila Realty Trust in the fourth quarter valued at $219,000.

Sila Realty Trust Trading Down 0.9%

Shares of SILA stock traded down $0.22 during mid-day trading on Thursday, reaching $24.44. The company's stock had a trading volume of 134,165 shares, compared to its average volume of 373,726. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $1.35 billion and a PE ratio of 39.41. The company's 50 day simple moving average is $25.59 and its 200-day simple moving average is $25.19. Sila Realty Trust, Inc. has a 12-month low of $20.20 and a 12-month high of $27.50.

Sila Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st were given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 6.55%. The ex-dividend date was Wednesday, May 21st. Sila Realty Trust's dividend payout ratio (DPR) is presently 258.06%.

Analyst Ratings Changes

Separately, Truist Financial raised their price objective 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 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.