Legal & General Group Plc Cuts Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Legal & General Group Plc cut its position in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 9.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 220,603 shares of the company's stock after selling 23,043 shares during the quarter. Legal & General Group Plc owned about 0.40% of Sila Realty Trust worth $5,365,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Carolina Wealth Advisors LLC acquired a new position in Sila Realty Trust during the 4th quarter worth approximately $26,000. Pineridge Advisors LLC raised its position in shares of Sila Realty Trust by 244.0% during the fourth quarter. Pineridge Advisors LLC now owns 3,244 shares of the company's stock worth $79,000 after purchasing an additional 2,301 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Sila Realty Trust by 507.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company's stock worth $84,000 after purchasing an additional 2,895 shares in the last quarter. Sound Income Strategies LLC grew its position 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 during the period. Finally, Blue Trust Inc. increased its stake in Sila Realty Trust by 5.6% during the 4th quarter. Blue Trust Inc. now owns 9,138 shares of the company's stock valued at $231,000 after purchasing an additional 481 shares in the last quarter.

Sila Realty Trust Trading Down 2.3 %

Shares of SILA stock traded down $0.59 during trading hours on Friday, reaching $25.63. The company had a trading volume of 30,354 shares, compared to its average volume of 597,483. 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, Inc. has a 12 month low of $20.20 and a 12 month high of $27.50. The business has a fifty day simple moving average of $25.67 and a 200-day simple moving average of $25.17.

Sila Realty Trust Announces Dividend

The business also recently disclosed 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.

Analysts Set New Price Targets

Separately, Truist Financial raised their price objective on shares of Sila Realty Trust from $27.00 to $28.00 and gave the company a "buy" rating in a research note 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.