Man Group plc Has $1.25 Million Stock Position in Sila Realty Trust, Inc. (NYSE:SILA)

Man Group plc boosted its holdings in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 210.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 51,282 shares of the company's stock after purchasing an additional 34,749 shares during the period. Man Group plc owned approximately 0.09% of Sila Realty Trust worth $1,247,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SILA. Vanguard Group Inc. grew its position in Sila Realty Trust by 94.0% during the 4th quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company's stock worth $124,839,000 after purchasing an additional 2,487,337 shares in the last quarter. Frontier Capital Management Co. LLC grew its position in Sila Realty Trust by 240.0% during 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 position in 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 in the last quarter. William Blair Investment Management LLC purchased a new position in Sila Realty Trust during the 4th quarter worth approximately $25,918,000. Finally, Victory Capital Management Inc. purchased a new position in Sila Realty Trust during the 4th quarter worth approximately $16,253,000.

Sila Realty Trust Stock Down 0.5%

SILA stock traded down $0.13 during midday trading on Wednesday, reaching $24.81. The company had a trading volume of 190,089 shares, compared to its average volume of 374,027. Sila Realty Trust, Inc. has a 1 year low of $16.00 and a 1 year high of $27.50. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $1.37 billion and a P/E ratio of 40.03. The company has a 50 day moving average of $25.74 and a two-hundred day moving average of $25.18.

Sila Realty Trust Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given a $0.40 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $1.60 dividend on an annualized basis and a yield of 6.45%. Sila Realty Trust's payout ratio is 258.06%.

Wall Street Analysts Forecast Growth

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

Sila Realty Trust 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.