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

JPMorgan Chase & Co. lowered its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 36.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & 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 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Carolina Wealth Advisors LLC acquired a new position in shares of Sila Realty Trust in the fourth quarter valued at about $26,000. Pineridge Advisors LLC increased 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 worth $79,000 after buying an additional 2,301 shares during the period. EverSource Wealth Advisors LLC raised its position in Sila Realty Trust by 507.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company's stock worth $84,000 after buying an additional 2,895 shares during the last quarter. Sound Income Strategies LLC lifted its stake in Sila Realty Trust by 16.8% during the 4th quarter. Sound Income Strategies LLC now owns 5,690 shares of the company's stock valued at $138,000 after acquiring an additional 817 shares during the period. Finally, Blue Trust Inc. boosted its holdings in shares of Sila Realty Trust by 5.6% in the 4th quarter. Blue Trust Inc. now owns 9,138 shares of the company's stock valued at $222,000 after acquiring an additional 481 shares during the last quarter.

Sila Realty Trust Trading Up 2.3 %

Shares of SILA stock traded up $0.58 during mid-day trading on Friday, hitting $26.12. 351,115 shares of the stock were exchanged, compared to its average volume of 591,792. Sila Realty Trust, Inc. has a 52-week low of $20.20 and a 52-week high of $27.50. 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 firm has a fifty day moving average of $25.81 and a 200 day moving average of $25.19.

Sila Realty Trust Announces Dividend

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

Analysts Set New Price Targets

Separately, Truist Financial raised their target price on shares of Sila Realty Trust from $27.00 to $28.00 and gave the stock a "buy" rating in a report on Monday, March 17th.

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.