Geode Capital Management LLC Purchases 90,060 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Geode Capital Management LLC grew its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 15.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 667,055 shares of the company's stock after buying an additional 90,060 shares during the quarter. Geode Capital Management LLC owned approximately 1.21% of Sila Realty Trust worth $16,231,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SILA. HighPoint Advisor Group LLC raised its holdings in Sila Realty Trust by 5.8% in the 4th quarter. HighPoint Advisor Group LLC now owns 19,709 shares of the company's stock valued at $496,000 after buying an additional 1,088 shares during the last quarter. Riggs Capital Management LLC bought a new position in shares of Sila Realty Trust during the fourth quarter valued at $454,000. Orion Portfolio Solutions LLC raised its stake in shares of Sila Realty Trust by 7.4% during the fourth quarter. Orion Portfolio Solutions LLC now owns 47,134 shares of the company's stock valued at $1,146,000 after acquiring an additional 3,228 shares during the last quarter. Nomura Asset Management Co. Ltd. acquired a new position in shares of Sila Realty Trust during the fourth quarter worth $1,758,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Sila Realty Trust in the fourth quarter worth $882,000.

Analyst Upgrades and Downgrades

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

Sila Realty Trust Stock Performance

SILA traded up $0.23 during trading on Wednesday, reaching $26.18. 251,242 shares of the stock traded hands, compared to its average volume of 601,986. 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 stock's 50-day moving average is $25.64 and its 200 day moving average is $25.15. Sila Realty Trust, Inc. has a 12 month low of $20.20 and a 12 month high of $27.50.

Sila Realty Trust Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, March 12th.

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.