Sila Realty Trust, Inc. (NYSE:SILA) Holdings Boosted by Conversant Capital LLC

Conversant Capital LLC raised its stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 6.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,924,033 shares of the company's stock after buying an additional 115,552 shares during the quarter. Sila Realty Trust makes up approximately 6.5% of Conversant Capital LLC's investment portfolio, making the stock its 3rd largest position. Conversant Capital LLC owned about 3.50% of Sila Realty Trust worth $46,792,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of SILA. JPMorgan Chase & Co. increased its stake in Sila Realty Trust by 510.9% during the third quarter. JPMorgan Chase & Co. now owns 36,509 shares of the company's stock worth $923,000 after acquiring an additional 30,533 shares during the last quarter. Invesco Ltd. lifted its stake in Sila Realty Trust by 231.2% during the fourth quarter. Invesco Ltd. now owns 98,209 shares of the company's stock worth $2,388,000 after purchasing an additional 68,559 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of Sila Realty Trust by 52.1% during the fourth quarter. Harbor Capital Advisors Inc. now owns 417,913 shares of the company's stock worth $10,164,000 after buying an additional 143,143 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of 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. Finally, Abel Hall LLC acquired a new stake in shares of Sila Realty Trust in the fourth quarter valued at $486,000.

Analyst Upgrades and Downgrades

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

Sila Realty Trust Stock Down 0.8 %

Shares of SILA opened at $25.81 on Wednesday. Sila Realty Trust, Inc. has a fifty-two week low of $20.20 and a fifty-two week 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. The firm's 50 day moving average price is $25.85 and its 200 day moving average price is $25.19.

Sila Realty Trust Dividend Announcement

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

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.

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