Geode Capital Management LLC Boosts Stock Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Geode Capital Management LLC raised its holdings in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 15.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 667,055 shares of the company's stock after buying an additional 90,060 shares during the period. Geode Capital Management LLC owned about 1.21% of Sila Realty Trust worth $16,231,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SILA. Vanguard Group Inc. boosted its stake 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 valued at $124,839,000 after acquiring an additional 2,487,337 shares in the last quarter. William Blair Investment Management LLC purchased a new stake in shares of Sila Realty Trust in the 4th quarter valued at about $25,918,000. State Street Corp acquired a new stake in shares of Sila Realty Trust in the 3rd quarter valued at about $22,303,000. Victory Capital Management Inc. purchased a new position in Sila Realty Trust during the 4th quarter worth approximately $16,253,000. Finally, Charles Schwab Investment Management Inc. increased its position in Sila Realty Trust by 99.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 639,006 shares of the company's stock worth $15,541,000 after buying an additional 318,737 shares during the period.

Sila Realty Trust Stock Down 2.3 %

SILA traded down $0.59 on Friday, hitting $25.63. 30,354 shares of the company traded hands, compared to its average volume of 597,483. The company has a 50 day moving average of $25.67 and a 200-day 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 quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37.

Sila Realty Trust Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, March 12th.

Wall Street Analyst Weigh In

Separately, Truist Financial increased their price objective 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 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.