Jupiter Asset Management Ltd. Acquires New Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Key Points

• Jupiter Asset Management Ltd. has acquired a new stake in Sila Realty Trust, Inc., totaling 117,299 shares valued at approximately $3.13 million, representing about 0.21% of the company.
• In addition to Jupiter, other hedge funds such as Vanguard Group Inc. and Invesco Ltd. significantly increased their stakes in Sila Realty Trust during the fourth quarter, highlighting growing institutional interest.
• Sila Realty Trust announced a quarterly dividend of $0.40 per share, with an annualized payout of $1.60 and a dividend yield of 6.4%, despite a high payout ratio of 258.06%.

Jupiter Asset Management Ltd. acquired a new stake 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 fund acquired 117,299 shares of the company's stock, valued at approximately $3,133,000. Jupiter Asset Management Ltd. owned approximately 0.21% of Sila Realty Trust at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SILA. Vanguard Group Inc. grew its stake in Sila Realty Trust by 94.0% during the fourth quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company's stock valued at $124,839,000 after acquiring an additional 2,487,337 shares in the last quarter. Geode Capital Management LLC grew its stake in Sila Realty Trust by 15.6% during the fourth quarter. Geode Capital Management LLC now owns 667,055 shares of the company's stock valued at $16,231,000 after acquiring an additional 90,060 shares in the last quarter. Resona Asset Management Co. Ltd. purchased a new position in Sila Realty Trust during the fourth quarter valued at approximately $525,000. Envestnet Asset Management Inc. grew its stake in Sila Realty Trust by 18.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 178,445 shares of the company's stock valued at $4,340,000 after acquiring an additional 27,166 shares in the last quarter. Finally, Invesco Ltd. grew its stake in Sila Realty Trust by 231.2% during the fourth quarter. Invesco Ltd. now owns 98,209 shares of the company's stock valued at $2,388,000 after acquiring an additional 68,559 shares in the last quarter.

Sila Realty Trust Price Performance

Shares of NYSE:SILA opened at $24.94 on Monday. The company's fifty day moving average price is $24.39 and its 200-day moving average price is $25.06. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 40.23 and a beta of 0.01. Sila Realty Trust, Inc. has a one year low of $21.29 and a one year high of $27.50. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.99 and a quick ratio of 0.99.

Sila Realty Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders 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 6.4%. Sila Realty Trust's dividend payout ratio is presently 258.06%.

Sila Realty Trust Company 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.

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