Sila Realty Trust, Inc. (NYSE:SILA) Shares Sold by Millennium Management LLC

Millennium Management LLC trimmed its holdings in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 68.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 283,194 shares of the company's stock after selling 626,248 shares during the quarter. Millennium Management LLC owned approximately 0.51% of Sila Realty Trust worth $6,887,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. MetLife Investment Management LLC acquired a new stake in shares of Sila Realty Trust in the 4th quarter worth $39,000. Pineridge Advisors LLC raised its position in Sila Realty Trust by 244.0% in the 4th quarter. Pineridge Advisors LLC now owns 3,244 shares of the company's stock valued at $79,000 after purchasing an additional 2,301 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Sila Realty Trust by 507.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company's stock worth $84,000 after acquiring an additional 2,895 shares in the last quarter. First Trust Advisors LP acquired a new position in Sila Realty Trust during the fourth quarter worth approximately $210,000. Finally, Aptus Capital Advisors LLC acquired a new position in Sila Realty Trust during the fourth quarter worth approximately $219,000.

Sila Realty Trust Trading Up 0.8%

Sila Realty Trust stock traded up $0.21 during trading on Friday, hitting $24.99. The company's stock had a trading volume of 416,498 shares, compared to its average volume of 574,407. The stock has a market capitalization of $1.38 billion and a price-to-earnings ratio of 40.31. The stock's fifty day moving average is $25.68 and its 200 day moving average is $25.19. Sila Realty Trust, Inc. has a 1-year low of $20.20 and a 1-year high of $27.50. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78.

Sila Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 6.40%. The ex-dividend date is Wednesday, May 21st. Sila Realty Trust's dividend payout ratio (DPR) is presently 258.06%.

Analyst Ratings Changes

Separately, Truist Financial lifted their target price on Sila Realty Trust from $27.00 to $28.00 and gave the company a "buy" rating in a research note on Monday, March 17th.

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.