Sumitomo Mitsui Trust Group Inc. Makes New $1.45 Million Investment in Sila Realty Trust, Inc. (NYSE:SILA)

Sumitomo Mitsui Trust Group Inc. purchased a new stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 59,756 shares of the company's stock, valued at approximately $1,453,000. Sumitomo Mitsui Trust Group Inc. owned approximately 0.11% of Sila Realty Trust as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Blue Trust Inc. boosted its position in Sila Realty Trust by 5.6% during the fourth quarter. Blue Trust Inc. now owns 9,138 shares of the company's stock worth $231,000 after purchasing an additional 481 shares during the period. Foundations Investment Advisors LLC boosted its position in Sila Realty Trust by 8.2% during the fourth quarter. Foundations Investment Advisors LLC now owns 9,859 shares of the company's stock worth $240,000 after purchasing an additional 750 shares during the period. Axxcess Wealth Management LLC lifted its holdings in shares of Sila Realty Trust by 7.0% during the third quarter. Axxcess Wealth Management LLC now owns 12,180 shares of the company's stock worth $308,000 after buying an additional 800 shares during the last quarter. Sound Income Strategies LLC lifted 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 worth $138,000 after buying an additional 817 shares during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of Sila Realty Trust by 4.7% during the third quarter. Captrust Financial Advisors now owns 19,083 shares of the company's stock worth $483,000 after buying an additional 852 shares during the last quarter.

Sila Realty Trust Price Performance

Shares of NYSE SILA traded down $0.09 during trading hours on Tuesday, reaching $25.28. The stock had a trading volume of 96,917 shares, compared to its average volume of 298,526. The business's fifty day moving average is $24.47 and its two-hundred day moving average is $24.66. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. Sila Realty Trust, Inc. has a twelve month low of $7.45 and a twelve month high of $26.75.

Wall Street Analyst Weigh In

Separately, Truist Financial cut their price target on Sila Realty Trust from $29.00 to $28.00 and set a "buy" rating for the company in a report on Wednesday, December 18th.

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.