Cambridge Investment Research Advisors Inc. Lowers Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Cambridge Investment Research Advisors Inc. decreased its position in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 10.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 394,236 shares of the company's stock after selling 46,146 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.71% of Sila Realty Trust worth $10,530,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in Sila Realty Trust by 94.0% in the fourth 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 during the last quarter. Frontier Capital Management Co. LLC increased its stake 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 acquiring an additional 1,500,624 shares during the last quarter. William Blair Investment Management LLC bought a new position in Sila Realty Trust in the 4th quarter worth about $25,918,000. Victory Capital Management Inc. purchased a new position in shares of Sila Realty Trust in the 4th quarter worth about $16,253,000. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in shares of Sila Realty Trust in the 4th quarter worth about $12,625,000.

Sila Realty Trust Stock Down 1.2%

Shares of SILA traded down $0.29 on Friday, reaching $23.99. The stock had a trading volume of 8,995,854 shares, compared to its average volume of 560,704. The firm has a market capitalization of $1.32 billion and a price-to-earnings ratio of 38.70. 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 company has a 50-day simple moving average of $24.98 and a 200-day simple moving average of $25.01. Sila Realty Trust, Inc. has a 12-month low of $20.43 and a 12-month high of $27.50.

Sila Realty Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 6.67%. The ex-dividend date was Wednesday, May 21st. Sila Realty Trust's dividend payout ratio (DPR) is presently 258.06%.

Wall Street Analyst Weigh In

Separately, Truist Financial increased their target price on Sila Realty Trust from $27.00 to $28.00 and gave the company a "buy" rating in a report 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.