Sila Realty Trust, Inc. (NYSE:SILA) Shares Purchased by Frontier Capital Management Co. LLC

Frontier Capital Management Co. LLC increased its holdings in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 240.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,125,774 shares of the company's stock after buying an additional 1,500,624 shares during the period. Frontier Capital Management Co. LLC owned about 3.86% of Sila Realty Trust worth $51,699,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Carolina Wealth Advisors LLC purchased a new stake in shares of Sila Realty Trust in the 4th quarter worth about $26,000. MetLife Investment Management LLC purchased a new position in Sila Realty Trust in the 4th quarter valued at about $39,000. Pineridge Advisors LLC lifted its holdings in Sila Realty Trust by 244.0% in the 4th quarter. Pineridge Advisors LLC now owns 3,244 shares of the company's stock valued at $79,000 after purchasing an additional 2,301 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Sila Realty Trust by 507.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company's stock valued at $84,000 after purchasing an additional 2,895 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in Sila Realty Trust by 16.8% in the 4th quarter. Sound Income Strategies LLC now owns 5,690 shares of the company's stock valued at $138,000 after purchasing an additional 817 shares in the last quarter.

Sila Realty Trust Trading Down 0.7%

Shares of NYSE SILA traded down $0.19 on Tuesday, reaching $25.16. 209,869 shares of the company traded hands, compared to its average volume of 585,090. Sila Realty Trust, Inc. has a fifty-two week low of $20.20 and a fifty-two week high of $27.50. The company has a 50 day moving average of $25.87 and a 200 day moving average of $25.18. 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 stock has a market capitalization of $1.39 billion and a PE ratio of 40.58.

Sila Realty Trust Announces Dividend

The business 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. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.36%. The ex-dividend date of this dividend is Wednesday, May 21st. Sila Realty Trust's dividend payout ratio is currently 258.06%.

Wall Street Analyst Weigh In

Separately, Truist Financial upped their target price on shares of 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 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.