Dimensional Fund Advisors LP Raises Stock Position in Sila Realty Trust, Inc. (NYSE:SILA)

Dimensional Fund Advisors LP increased its position in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 424.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 219,803 shares of the company's stock after purchasing an additional 177,906 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.40% of Sila Realty Trust worth $5,345,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SILA. Carolina Wealth Advisors LLC purchased a new position in Sila Realty Trust during the fourth quarter worth about $26,000. Pineridge Advisors LLC raised its position in Sila Realty Trust by 244.0% in the fourth quarter. Pineridge Advisors LLC now owns 3,244 shares of the company's stock worth $79,000 after acquiring an additional 2,301 shares during the period. EverSource Wealth Advisors LLC raised its position in Sila Realty Trust by 507.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company's stock worth $84,000 after acquiring an additional 2,895 shares during the period. Sound Income Strategies LLC raised its position in Sila Realty Trust by 16.8% in the fourth quarter. Sound Income Strategies LLC now owns 5,690 shares of the company's stock worth $138,000 after acquiring an additional 817 shares during the period. Finally, First Trust Advisors LP bought a new stake in Sila Realty Trust in the fourth quarter worth about $210,000.

Wall Street Analysts Forecast Growth

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

Sila Realty Trust Stock Performance

Shares of NYSE SILA traded up $0.60 during midday trading on Friday, hitting $26.05. The company's stock had a trading volume of 309,428 shares, compared to its average volume of 582,885. The stock has a fifty day moving average price of $25.86 and a 200 day moving average price of $25.17. Sila Realty Trust, Inc. has a one year low of $20.20 and a one year 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 market capitalization of $1.44 billion and a price-to-earnings ratio of 42.02.

Sila Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be paid 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 yield of 6.14%. Sila Realty Trust's dividend payout ratio is currently 258.06%.

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.