Riggs Capital Management LLC Purchases Shares of 18,685 Sila Realty Trust, Inc. (NYSE:SILA)

Riggs Capital Management LLC purchased a new stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 18,685 shares of the company's stock, valued at approximately $454,000.

A number of other hedge funds have also modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Sila Realty Trust in the 3rd quarter valued at approximately $4,091,000. Geode Capital Management LLC purchased a new position in shares of Sila Realty Trust during the third quarter worth $14,599,000. JPMorgan Chase & Co. grew its stake in shares of Sila Realty Trust by 510.9% in the third quarter. JPMorgan Chase & Co. now owns 36,509 shares of the company's stock valued at $923,000 after buying an additional 30,533 shares in the last quarter. State Street Corp acquired a new position in Sila Realty Trust during the 3rd quarter worth about $22,303,000. Finally, Harbor Capital Advisors Inc. boosted its holdings in Sila Realty Trust by 52.1% during the 4th quarter. Harbor Capital Advisors Inc. now owns 417,913 shares of the company's stock valued at $10,164,000 after acquiring an additional 143,143 shares during the period.

Sila Realty Trust Trading Down 5.7 %

Shares of Sila Realty Trust stock traded down $1.55 during trading hours on Friday, reaching $25.46. 478,499 shares of the company were exchanged, compared to its average volume of 610,506. The stock's fifty day moving average is $25.39 and its 200 day moving average is $25.12. Sila Realty Trust, Inc. has a 1 year low of $20.20 and a 1 year high of $27.98. 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 Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were given a $0.40 dividend. The ex-dividend date was Wednesday, March 12th.

Analysts Set New Price Targets

Separately, Truist Financial boosted their price target on shares of 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 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.