Two Sigma Investments LP Sells 59,035 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Two Sigma Investments LP lessened its holdings in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 63.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,324 shares of the company's stock after selling 59,035 shares during the period. Two Sigma Investments LP owned about 0.06% of Sila Realty Trust worth $835,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Two Sigma Advisers LP lifted its stake in shares of Sila Realty Trust by 10.4% in the 4th quarter. Two Sigma Advisers LP now owns 81,900 shares of the company's stock valued at $1,992,000 after acquiring an additional 7,700 shares during the last quarter. State of Wyoming raised its position in Sila Realty Trust by 36.9% in the fourth quarter. State of Wyoming now owns 12,577 shares of the company's stock valued at $306,000 after purchasing an additional 3,391 shares during the last quarter. Strategic Wealth Partners Ltd. acquired a new stake in shares of Sila Realty Trust during the fourth quarter valued at about $232,000. Safeguard Investment Advisory Group LLC bought a new stake in shares of Sila Realty Trust during the fourth quarter worth about $300,000. Finally, Man Group plc grew its holdings in shares of Sila Realty Trust by 210.2% during the fourth quarter. Man Group plc now owns 51,282 shares of the company's stock worth $1,247,000 after purchasing an additional 34,749 shares during the last quarter.

Sila Realty Trust Stock Up 1.5%

Shares of SILA traded up $0.37 during trading hours on Tuesday, reaching $24.72. The stock had a trading volume of 290,153 shares, compared to its average volume of 566,930. The firm has a 50-day simple moving average of $25.44 and a 200 day simple moving average of $25.17. Sila Realty Trust, Inc. has a 12 month low of $20.20 and a 12 month 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 $1.36 billion and a price-to-earnings ratio of 39.88.

Sila Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.47%. The ex-dividend date of this dividend was Wednesday, May 21st. Sila Realty Trust's dividend payout ratio (DPR) is 258.06%.

Analysts Set New Price Targets

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

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.