Bank of New York Mellon Corp acquired a new position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 18,490 shares of the company's stock, valued at approximately $450,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in SILA. Carolina Wealth Advisors LLC acquired a new position in shares of Sila Realty Trust during the 4th quarter valued at $26,000. Pineridge Advisors LLC increased its stake in Sila Realty Trust by 244.0% in the fourth quarter. Pineridge Advisors LLC now owns 3,244 shares of the company's stock valued at $79,000 after purchasing an additional 2,301 shares in the last quarter. Sound Income Strategies LLC raised its holdings in shares of Sila Realty Trust by 16.8% during the fourth 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. Financial Counselors Inc. bought a new position in shares of Sila Realty Trust during the 3rd quarter worth about $230,000. Finally, Blue Trust Inc. grew its stake 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 $231,000 after buying an additional 481 shares during the period.
Wall Street Analyst Weigh In
Separately, Truist Financial upped their price target 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.
Read Our Latest Stock Analysis on Sila Realty Trust
Sila Realty Trust Price Performance
SILA stock traded up $0.30 during midday trading on Monday, reaching $26.77. 342,813 shares of the company's stock traded hands, compared to its average volume of 613,457. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. The firm's fifty day moving average price is $25.22 and its 200-day moving average price is $25.08. Sila Realty Trust, Inc. has a 52 week low of $20.20 and a 52 week high of $26.93.
Sila Realty Trust Dividend Announcement
The firm also recently announced 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 was Wednesday, March 12th.
About Sila Realty Trust
(
Free Report)
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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