HF Advisory Group LLC Trims Stock Position in Sila Realty Trust, Inc. (NYSE:SILA)

HF Advisory Group LLC cut its holdings in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 21.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,916 shares of the company's stock after selling 10,367 shares during the period. HF Advisory Group LLC owned 0.07% of Sila Realty Trust worth $946,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EverSource Wealth Advisors LLC bought a new stake in Sila Realty Trust in the second quarter worth $26,000. Carolina Wealth Advisors LLC purchased a new position in shares of Sila Realty Trust in the 4th quarter worth $26,000. Oakworth Capital Inc. bought a new stake in shares of Sila Realty Trust in the 3rd quarter worth about $35,000. Anchor Investment Management LLC purchased a new stake in shares of Sila Realty Trust during the 2nd quarter valued at about $60,000. Finally, ORG Partners LLC lifted its holdings in shares of Sila Realty Trust by 1,252.7% in the 3rd quarter. ORG Partners LLC now owns 2,976 shares of the company's stock valued at $75,000 after acquiring an additional 2,756 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research firms recently commented on SILA. Truist Financial dropped 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. Janney Montgomery Scott started coverage on Sila Realty Trust in a research note on Thursday, October 3rd. They set a "buy" rating and a $28.00 target price on the stock.

Sila Realty Trust Trading Down 0.4 %

NYSE:SILA traded down $0.10 during midday trading on Friday, reaching $24.24. 254,377 shares of the stock traded hands, compared to its average volume of 309,945. The firm has a 50-day moving average price of $24.73. 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, Inc. has a 12-month low of $7.45 and a 12-month high of $26.75.

Sila Realty Trust Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a dividend of $0.1333 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.60 annualized dividend and a dividend yield of 6.60%.

Sila Realty Trust Company 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.