Raymond James Financial Inc. Makes New Investment in Sila Realty Trust, Inc. (NYSE:SILA)

Raymond James Financial Inc. bought a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 44,910 shares of the company's stock, valued at approximately $1,092,000. Raymond James Financial Inc. owned 0.08% of Sila Realty Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in Sila Realty Trust by 94.0% during the 4th 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 in the last quarter. William Blair Investment Management LLC bought a new position in shares of Sila Realty Trust during the fourth quarter valued at approximately $25,918,000. Victory Capital Management Inc. purchased a new position in Sila Realty Trust during the fourth quarter valued at approximately $16,253,000. Geode Capital Management LLC raised its stake in Sila Realty Trust by 15.6% in the fourth quarter. Geode Capital Management LLC now owns 667,055 shares of the company's stock worth $16,231,000 after buying an additional 90,060 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings 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 Up 1.4 %

Shares of NYSE:SILA traded up $0.35 during trading on Friday, reaching $25.67. The stock had a trading volume of 291,406 shares, compared to its average volume of 587,243. The firm's 50-day simple moving average is $25.87 and its 200 day simple moving average is $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. Sila Realty Trust, Inc. has a one year low of $20.20 and a one year high of $27.50. The company has a market capitalization of $1.42 billion and a P/E ratio of 41.40.

Sila Realty Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $1.60 annualized dividend and a dividend yield of 6.23%. Sila Realty Trust's dividend payout ratio is presently 258.06%.

Analysts Set New Price Targets

Separately, Truist Financial lifted their price target 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 Company 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.