PFG Investments LLC Decreases Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

PFG Investments LLC reduced its holdings in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 26.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,305 shares of the company's stock after selling 22,952 shares during the period. PFG Investments LLC owned about 0.12% of Sila Realty Trust worth $1,744,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. raised its position 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. Frontier Capital Management Co. LLC boosted its position in Sila Realty Trust by 240.0% in the 4th quarter. Frontier Capital Management Co. LLC now owns 2,125,774 shares of the company's stock worth $51,699,000 after purchasing an additional 1,500,624 shares in the last quarter. Conversant Capital LLC grew its stake in shares of Sila Realty Trust by 6.4% during the 4th quarter. Conversant Capital LLC now owns 1,924,033 shares of the company's stock worth $46,792,000 after purchasing an additional 115,552 shares during the period. William Blair Investment Management LLC purchased a new position in shares of Sila Realty Trust during the 4th quarter valued at approximately $25,918,000. Finally, Victory Capital Management Inc. purchased a new position in shares of Sila Realty Trust during the 4th quarter valued at approximately $16,253,000.

Analyst Ratings Changes

Separately, Truist Financial increased their price target on shares of Sila Realty Trust from $27.00 to $28.00 and gave the stock a "buy" rating in a report on Monday, March 17th.

Sila Realty Trust Price Performance

Shares of Sila Realty Trust stock traded down $0.28 on Wednesday, hitting $23.82. The company's stock had a trading volume of 465,844 shares, compared to its average volume of 528,815. The company has a market capitalization of $1.31 billion and a price-to-earnings ratio of 11.06. Sila Realty Trust, Inc. has a 1 year low of $20.30 and a 1 year high of $27.50. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a fifty day moving average price of $25.13 and a 200-day moving average price of $25.04.

Sila Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 6.72%. The ex-dividend date was Wednesday, May 21st. Sila Realty Trust's payout ratio is currently 258.06%.

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.