Bank of New York Mellon Corp Has $1.15 Million Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Key Points

• Bank of New York Mellon Corp significantly increased its holdings in Sila Realty Trust by 132.2%, acquiring an additional 24,438 shares during the first quarter, bringing its total shares to 42,928.
• Sila Realty Trust announced a quarterly dividend of $0.40 per share, resulting in an annualized dividend of $1.60 and a dividend yield of 6.6%.
• The stock is trading around $24.39 and has shown a 1-year high of $27.50 and a low of $21.29, with a market capitalization of $1.35 billion.

Bank of New York Mellon Corp increased its holdings in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 132.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,928 shares of the company's stock after buying an additional 24,438 shares during the period. Bank of New York Mellon Corp owned 0.08% of Sila Realty Trust worth $1,147,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SILA. Vanguard Group Inc. raised its position in Sila Realty Trust by 94.0% during the fourth quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company's stock valued at $124,839,000 after purchasing an additional 2,487,337 shares in the last quarter. Frontier Capital Management Co. LLC raised its position in Sila Realty Trust by 240.0% during the fourth quarter. Frontier Capital Management Co. LLC now owns 2,125,774 shares of the company's stock valued at $51,699,000 after purchasing an additional 1,500,624 shares in the last quarter. Conversant Capital LLC raised its position in Sila Realty Trust by 6.4% during the fourth quarter. Conversant Capital LLC now owns 1,924,033 shares of the company's stock valued at $46,792,000 after purchasing an additional 115,552 shares in the last quarter. Geode Capital Management LLC raised its position in Sila Realty Trust by 15.6% during the fourth quarter. Geode Capital Management LLC now owns 667,055 shares of the company's stock valued at $16,231,000 after purchasing an additional 90,060 shares in the last quarter. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new position in Sila Realty Trust during the fourth quarter valued at approximately $12,625,000.

Sila Realty Trust Price Performance

SILA traded up $0.21 during trading on Tuesday, hitting $25.47. 168,070 shares of the stock traded hands, compared to its average volume of 440,240. Sila Realty Trust, Inc. has a twelve month low of $21.29 and a twelve month high of $27.50. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 41.02 and a beta of 0.01. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.99 and a quick ratio of 0.99. The business has a 50 day moving average price of $24.41 and a 200 day moving average price of $25.07.

Sila Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were issued a dividend of $0.40 per share. The ex-dividend date was Wednesday, May 21st. This represents a $1.60 annualized dividend and a dividend yield of 6.3%. Sila Realty Trust's dividend 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.