Allworth Financial LP Has $945,000 Position in Sila Realty Trust, Inc. (NYSE:SILA)

Allworth Financial LP cut its position in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 20.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,831 shares of the company's stock after selling 10,221 shares during the quarter. Allworth Financial LP owned 0.07% of Sila Realty Trust worth $945,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Carolina Wealth Advisors LLC acquired a new stake in Sila Realty Trust during the fourth quarter worth about $26,000. Oakworth Capital Inc. acquired a new stake in Sila Realty Trust during the third quarter worth about $35,000. Pineridge Advisors LLC grew its position in Sila Realty Trust by 244.0% during the fourth quarter. Pineridge Advisors LLC now owns 3,244 shares of the company's stock worth $79,000 after buying an additional 2,301 shares in the last quarter. SG Americas Securities LLC bought a new position in Sila Realty Trust during the third quarter worth about $112,000. Finally, Sound Income Strategies LLC lifted its stake in 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 purchasing an additional 817 shares during the period.

Sila Realty Trust Price Performance

Shares of NYSE:SILA traded down $0.55 during trading on Friday, reaching $24.49. The stock had a trading volume of 227,414 shares, compared to its average volume of 309,978. Sila Realty Trust, Inc. has a 52 week low of $7.45 and a 52 week high of $26.75. The business's 50-day moving average price is $24.44 and its 200 day moving average price is $24.69. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78.

Wall Street Analysts Forecast Growth

Separately, Truist Financial cut their price target on shares of Sila Realty Trust from $29.00 to $28.00 and set a "buy" rating for the company in a research note 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.