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

Man Group plc boosted its stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 210.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,282 shares of the company's stock after acquiring an additional 34,749 shares during the quarter. Man Group plc owned 0.09% of Sila Realty Trust worth $1,247,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Blue Trust Inc. lifted its position in Sila Realty Trust by 5.6% in the 4th quarter. Blue Trust Inc. now owns 9,138 shares of the company's stock valued at $231,000 after acquiring an additional 481 shares in the last quarter. Foundations Investment Advisors LLC lifted its position in Sila Realty Trust by 8.2% during the 4th quarter. Foundations Investment Advisors LLC now owns 9,859 shares of the company's stock worth $240,000 after buying an additional 750 shares in the last quarter. Sound Income Strategies LLC lifted its position in Sila Realty Trust by 16.8% during the 4th quarter. Sound Income Strategies LLC now owns 5,690 shares of the company's stock worth $138,000 after buying an additional 817 shares in the last quarter. CreativeOne Wealth LLC lifted its position in Sila Realty Trust by 5.4% during the 4th quarter. CreativeOne Wealth LLC now owns 17,236 shares of the company's stock worth $419,000 after buying an additional 885 shares in the last quarter. Finally, Van ECK Associates Corp lifted its position in Sila Realty Trust by 10.2% during the 4th quarter. Van ECK Associates Corp now owns 10,873 shares of the company's stock worth $264,000 after buying an additional 1,007 shares in the last quarter.

Analyst Ratings Changes

Separately, Truist Financial boosted their price target 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 Stock Up 1.9%

NYSE:SILA traded up $0.46 on Tuesday, hitting $24.86. 494,490 shares of the company's stock were exchanged, compared to its average volume of 577,256. The firm has a 50-day moving average price of $25.77 and a 200-day moving average price of $25.18. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. Sila Realty Trust, Inc. has a 52 week low of $20.20 and a 52 week high of $27.50. The company has a market cap of $1.37 billion and a P/E ratio of 40.09.

Sila Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $1.60 annualized dividend and a dividend yield of 6.44%. 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.