Global Assets Advisory LLC Takes $545,000 Position in Sila Realty Trust, Inc. (NYSE:SILA)

Global Assets Advisory LLC bought a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 21,120 shares of the company's stock, valued at approximately $545,000.

Several other hedge funds also recently bought and sold shares of SILA. MetLife Investment Management LLC acquired a new position in shares of Sila Realty Trust in the fourth quarter valued at approximately $39,000. ORG Wealth Partners LLC acquired a new position in shares of Sila Realty Trust in the first quarter valued at approximately $80,000. EverSource Wealth Advisors LLC grew its holdings in shares of Sila Realty Trust by 507.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company's stock valued at $84,000 after purchasing an additional 2,895 shares in the last quarter. Continuum Advisory LLC grew its holdings in shares of Sila Realty Trust by 29.3% in the first quarter. Continuum Advisory LLC now owns 5,522 shares of the company's stock valued at $147,000 after purchasing an additional 1,251 shares in the last quarter. Finally, Ameriflex Group Inc. acquired a new position in shares of Sila Realty Trust in the fourth quarter valued at approximately $156,000.

Sila Realty Trust Stock Down 1.2%

Shares of NYSE:SILA traded down $0.29 during trading hours on Friday, reaching $23.99. The stock had a trading volume of 8,995,854 shares, compared to its average volume of 560,704. Sila Realty Trust, Inc. has a 1 year low of $20.43 and a 1 year high of $27.50. The firm's 50 day moving average is $24.98 and its 200-day moving average is $25.01. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a market capitalization of $1.32 billion and a price-to-earnings ratio of 38.70.

Sila Realty Trust Dividend Announcement

The company 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 dividend on an annualized basis and a dividend yield of 6.67%. The ex-dividend date was Wednesday, May 21st. Sila Realty Trust's dividend payout ratio is presently 258.06%.

Analyst Upgrades and Downgrades

Separately, Truist Financial increased 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 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.