Huber Capital Management LLC Takes Position in Sila Realty Trust, Inc. $SILA

Key Points

• Huber Capital Management LLC invested approximately $1.10 million in Sila Realty Trust, acquiring 41,165 shares in the company during the first quarter.
• Sila Realty Trust declared a quarterly dividend of $0.40 per share, equating to an annualized yield of 6.4%, with an ex-dividend date on August 21st.
• The stock price for Sila Realty Trust opened at $25.09, with a market capitalization of $1.38 billion and a debt-to-equity ratio of 0.43.

Huber Capital Management LLC bought a new stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 41,165 shares of the company's stock, valued at approximately $1,100,000. Huber Capital Management LLC owned 0.07% of Sila Realty Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of SILA. MetLife Investment Management LLC acquired a new position in shares of Sila Realty Trust in the 4th quarter valued at approximately $39,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Sila Realty Trust in the 1st quarter valued at approximately $39,000. Asset Dedication LLC raised its position in shares of Sila Realty Trust by 398.6% in the 1st quarter. Asset Dedication LLC now owns 1,750 shares of the company's stock valued at $47,000 after buying an additional 1,399 shares in the last quarter. Avalon Trust Co acquired a new position in shares of Sila Realty Trust in the 1st quarter valued at approximately $47,000. Finally, KBC Group NV acquired a new position in shares of Sila Realty Trust in the 1st quarter valued at approximately $79,000.

Sila Realty Trust Price Performance

NYSE SILA traded up $0.06 during trading on Monday, hitting $24.95. 197,777 shares of the company's stock were exchanged, compared to its average volume of 309,912. 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 cap of $1.38 billion, a PE ratio of 36.16 and a beta of 0.01. Sila Realty Trust, Inc. has a fifty-two week low of $22.52 and a fifty-two week high of $27.50. The stock's 50 day moving average price is $24.61 and its two-hundred day moving average price is $25.10.

Sila Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Thursday, August 21st will be issued a $0.40 dividend. The ex-dividend date is Thursday, August 21st. This represents a $1.60 annualized dividend and a yield of 6.4%. Sila Realty Trust's dividend payout ratio 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.