Zurcher Kantonalbank Zurich Cantonalbank Buys 11,500 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Key Points

• Zurcher Kantonalbank increased its stake in Sila Realty Trust by 54.7%, owning 32,520 shares worth approximately $869,000 at the end of the last quarter.
• Sila Realty Trust announced a quarterly dividend of $0.40 per share, which represents a yield of 6.3% and an annualized dividend of $1.60.
• The firm's stock performance shows a trading volume of 300,134 shares on Wednesday and a market cap of $1.40 billion, with a P/E ratio of 40.94.

Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 54.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,520 shares of the company's stock after acquiring an additional 11,500 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank owned about 0.06% of Sila Realty Trust worth $869,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Avantax Advisory Services Inc. bought a new position in Sila Realty Trust during the first quarter worth about $1,071,000. Brookwood Investment Group LLC bought a new position in Sila Realty Trust during the first quarter worth about $370,000. KLP Kapitalforvaltning AS bought a new position in Sila Realty Trust in the 1st quarter valued at about $283,000. Choreo LLC acquired a new position in shares of Sila Realty Trust in the 1st quarter valued at approximately $203,000. Finally, HighPoint Advisor Group LLC raised its position in shares of Sila Realty Trust by 20.8% in the 1st quarter. HighPoint Advisor Group LLC now owns 23,805 shares of the company's stock valued at $610,000 after buying an additional 4,096 shares in the last quarter.

Sila Realty Trust Price Performance

Shares of NYSE:SILA traded up $0.12 during midday trading on Friday, hitting $25.35. The stock had a trading volume of 196,589 shares, compared to its average volume of 399,394. The company's 50-day moving average price is $24.45 and its 200-day moving average price is $25.09. The company has a market capitalization of $1.40 billion, a P/E ratio of 36.74 and a beta of 0.01. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.40. Sila Realty Trust, Inc. has a fifty-two week low of $21.29 and a fifty-two week high of $27.50.

Sila Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Thursday, August 21st will be given a $0.40 dividend. The ex-dividend date is Thursday, August 21st. This represents a $1.60 annualized dividend and a dividend yield of 6.3%. Sila Realty Trust's payout ratio is presently 231.88%.

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.