HF Advisory Group LLC Sells 11,664 Shares of Sila Realty Trust, Inc. $SILA

Key Points

• HF Advisory Group LLC has decreased its holdings in Sila Realty Trust by 30.3%, selling 11,664 shares and bringing its total to 26,853 shares valued at $636,000.
• Sila Realty Trust recently announced a quarterly dividend of $0.40, yielding 6.1% annually, with a high dividend payout ratio of 231.88%.
• The company's stock performance shows a 52-week range between $22.52 and $27.50, with a current opening price of $26.09.

HF Advisory Group LLC reduced its stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 30.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,853 shares of the company's stock after selling 11,664 shares during the period. HF Advisory Group LLC's holdings in Sila Realty Trust were worth $636,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in SILA. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Sila Realty Trust during the 1st quarter worth approximately $39,000. Asset Dedication LLC lifted its holdings in shares of Sila Realty Trust by 398.6% during the 1st quarter. Asset Dedication LLC now owns 1,750 shares of the company's stock worth $47,000 after acquiring an additional 1,399 shares during the period. Avalon Trust Co bought a new stake in Sila Realty Trust during the 1st quarter worth approximately $47,000. KBC Group NV acquired a new position in shares of Sila Realty Trust during the first quarter valued at $79,000. Finally, ORG Wealth Partners LLC acquired a new stake in shares of Sila Realty Trust in the 1st quarter valued at approximately $80,000.

Sila Realty Trust Stock Down 0.6%

Shares of Sila Realty Trust stock traded down $0.15 on Monday, reaching $25.68. 68,432 shares of the company were exchanged, compared to its average volume of 413,693. Sila Realty Trust, Inc. has a one year low of $22.52 and a one year high of $27.50. The company has a 50-day moving average of $25.05 and a 200 day moving average of $25.14. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 37.23 and a beta of 0.01.

Sila Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend was Thursday, August 21st. Sila Realty Trust's payout ratio is currently 231.88%.

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.