Legal & General Group Plc Sells 23,043 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Legal & General Group Plc decreased its position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 9.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 220,603 shares of the company's stock after selling 23,043 shares during the quarter. Legal & General Group Plc owned approximately 0.40% of Sila Realty Trust worth $5,365,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Carolina Wealth Advisors LLC purchased a new stake in shares of Sila Realty Trust during the 4th quarter valued at $26,000. Pineridge Advisors LLC increased its holdings 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 during the last quarter. EverSource Wealth Advisors LLC raised its position in Sila Realty Trust by 507.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company's stock worth $84,000 after acquiring an additional 2,895 shares during the period. Sound Income Strategies LLC boosted its stake in Sila Realty Trust by 16.8% in the fourth quarter. Sound Income Strategies LLC now owns 5,690 shares of the company's stock valued at $138,000 after acquiring an additional 817 shares during the last quarter. Finally, Blue Trust Inc. grew its position in shares of Sila Realty Trust by 5.6% during the 4th quarter. Blue Trust Inc. now owns 9,138 shares of the company's stock valued at $222,000 after acquiring an additional 481 shares during the period.

Analyst Upgrades and Downgrades

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

Sila Realty Trust Stock Performance

NYSE SILA traded up $0.23 on Wednesday, hitting $26.18. The stock had a trading volume of 251,242 shares, compared to its average volume of 601,986. The firm has a 50-day moving average of $25.64 and a 200-day moving average of $25.15. 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 52-week low of $20.20 and a 52-week high of $27.50.

Sila Realty Trust Dividend Announcement

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