Sila Realty Trust, Inc. $SILA Position Trimmed by HF Advisory Group LLC

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

A number of other hedge funds also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC lifted its stake in Sila Realty Trust by 29.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 28,701 shares of the company's stock valued at $689,000 after buying an additional 6,458 shares during the last quarter. Krilogy Financial LLC bought a new stake in Sila Realty Trust in the second quarter valued at $373,000. Harbor Capital Advisors Inc. lifted its stake in Sila Realty Trust by 10.9% in the second quarter. Harbor Capital Advisors Inc. now owns 475,265 shares of the company's stock valued at $11,250,000 after buying an additional 46,679 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Sila Realty Trust by 10.0% in the first quarter. Goldman Sachs Group Inc. now owns 253,075 shares of the company's stock valued at $6,760,000 after buying an additional 22,960 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in Sila Realty Trust by 1.5% in the first quarter. Geneos Wealth Management Inc. now owns 45,528 shares of the company's stock valued at $1,216,000 after buying an additional 669 shares during the last quarter.

Sila Realty Trust Stock Performance

SILA stock traded down $0.20 during mid-day trading on Monday, reaching $25.63. The company had a trading volume of 285,990 shares, compared to its average volume of 266,326. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $1.41 billion, a P/E ratio of 37.15 and a beta of 0.01. Sila Realty Trust, Inc. has a one year low of $22.52 and a one year high of $27.50. The stock's 50-day simple moving average is $25.08 and its two-hundred day simple moving average is $25.14.

Sila Realty Trust Dividend Announcement

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

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.