Alpine Global Management LLC Invests $346,000 in Sila Realty Trust, Inc. (NYSE:SILA)

Alpine Global Management LLC bought 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 Securities & Exchange Commission. The fund bought 14,237 shares of the company's stock, valued at approximately $346,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp acquired a new stake in Sila Realty Trust in the third quarter valued at $22,303,000. MML Investors Services LLC lifted its stake in shares of Sila Realty Trust by 40.3% in the third quarter. MML Investors Services LLC now owns 17,568 shares of the company's stock valued at $444,000 after purchasing an additional 5,047 shares during the period. Barclays PLC purchased a new stake in Sila Realty Trust during the third quarter worth about $592,000. Geode Capital Management LLC purchased a new position in Sila Realty Trust in the third quarter valued at about $14,599,000. Finally, Fulcrum Equity Management lifted its position in shares of Sila Realty Trust by 15.3% during the 3rd quarter. Fulcrum Equity Management now owns 33,243 shares of the company's stock valued at $841,000 after acquiring an additional 4,418 shares during the period.

Sila Realty Trust Price Performance

NYSE:SILA traded down $0.32 during trading hours on Friday, reaching $25.90. 208,637 shares of the company traded hands, compared to its average volume of 598,289. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. Sila Realty Trust, Inc. has a 1-year low of $20.20 and a 1-year high of $27.50. The firm's 50-day moving average is $25.67 and its 200-day moving average is $25.17.

Sila Realty Trust Dividend Announcement

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

Analyst Upgrades and Downgrades

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

About Sila Realty Trust

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.