Cetera Investment Advisers Decreases Stake in Sila Realty Trust, Inc. (NYSE:SILA)

Key Points

• Cetera Investment Advisers reduced its holdings in Sila Realty Trust by 18.5%, now owning 225,260 shares worth approximately $6.02 million.
• Institutional investors like Vanguard Group Inc. and Frontier Capital Management have significantly increased their stakes in Sila Realty Trust during the fourth quarter, showing growing interest in the company.
• Sila Realty Trust has recently declared a quarterly dividend of $0.40 per share, providing a 6.4% yield to investors.

Cetera Investment Advisers reduced its stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 18.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,260 shares of the company's stock after selling 51,169 shares during the period. Cetera Investment Advisers owned 0.41% of Sila Realty Trust worth $6,017,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. MetLife Investment Management LLC bought a new stake in Sila Realty Trust during the fourth quarter valued at about $39,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Sila Realty Trust during the first quarter valued at approximately $39,000. Asset Dedication LLC boosted its stake in Sila Realty Trust by 398.6% in the first quarter. Asset Dedication LLC now owns 1,750 shares of the company's stock valued at $47,000 after acquiring an additional 1,399 shares in the last quarter. KBC Group NV purchased a new position in Sila Realty Trust in the first quarter worth $79,000. Finally, ORG Wealth Partners LLC purchased a new stake in shares of Sila Realty Trust during the 1st quarter valued at $80,000.

Sila Realty Trust Stock Up 1.2%

Shares of Sila Realty Trust stock traded up $0.31 during trading on Monday, reaching $25.26. The company's stock had a trading volume of 383,839 shares, compared to its average volume of 415,897. The company has a 50-day simple moving average of $24.39 and a two-hundred day simple moving average of $25.06. Sila Realty Trust, Inc. has a 1-year low of $21.29 and a 1-year high of $27.50. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 40.74 and a beta of 0.01. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.40.

Sila Realty Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders 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 dividend on an annualized basis and a dividend yield of 6.3%. Sila Realty Trust's dividend payout ratio (DPR) is currently 258.06%.

Sila Realty Trust 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.