JPMorgan Chase & Co. Trims Stock Position in Sila Realty Trust, Inc. (NYSE:SILA)

JPMorgan Chase & Co. lessened its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 36.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,041 shares of the company's stock after selling 13,468 shares during the quarter. JPMorgan Chase & Co.'s holdings in Sila Realty Trust were worth $560,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Sila Realty Trust in the 4th quarter worth approximately $882,000. Ausdal Financial Partners Inc. lifted its holdings in Sila Realty Trust by 4.5% in the fourth quarter. Ausdal Financial Partners Inc. now owns 38,715 shares of the company's stock valued at $942,000 after acquiring an additional 1,650 shares during the period. PKS Advisory Services LLC purchased a new stake in Sila Realty Trust in the 4th quarter worth approximately $335,000. EntryPoint Capital LLC purchased a new position in Sila Realty Trust in the fourth quarter valued at $341,000. Finally, Vanguard Group Inc. raised its position in shares of 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 acquiring an additional 2,487,337 shares during the period.

Sila Realty Trust Price Performance

NYSE:SILA traded down $0.22 during trading hours on Tuesday, hitting $25.81. 249,950 shares of the stock were exchanged, compared to its average volume of 588,694. The firm's fifty day moving average price is $25.85 and its 200 day moving average price is $25.19. Sila Realty Trust, Inc. has a 52-week low of $20.20 and a 52-week high of $27.50. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78.

Sila Realty Trust Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were paid a dividend of $0.40 per share. The ex-dividend date was Wednesday, March 12th.

Wall Street Analyst Weigh In

Separately, Truist Financial raised 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.