LPL Financial LLC Sells 48,350 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

LPL Financial LLC reduced its holdings in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 12.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 345,302 shares of the company's stock after selling 48,350 shares during the period. LPL Financial LLC owned 0.63% of Sila Realty Trust worth $8,398,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SILA. Quantbot Technologies LP acquired a new stake in shares of Sila Realty Trust in the fourth quarter valued at about $524,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Sila Realty Trust by 86.3% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,564 shares of the company's stock valued at $451,000 after purchasing an additional 8,598 shares in the last quarter. Thrivent Financial for Lutherans acquired a new position in shares of Sila Realty Trust during the 4th quarter worth approximately $2,074,000. William Blair Investment Management LLC bought a new stake in shares of Sila Realty Trust during the 4th quarter worth approximately $25,918,000. Finally, Creative Financial Designs Inc. ADV boosted its holdings in shares of Sila Realty Trust by 7.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 43,731 shares of the company's stock valued at $1,064,000 after buying an additional 3,050 shares during the last quarter.

Analyst Ratings Changes

Separately, Truist Financial upped their price target on shares of 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

NYSE SILA traded down $0.78 during trading on Thursday, reaching $25.27. 637,315 shares of the company's stock were exchanged, compared to its average volume of 613,216. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. The business has a 50 day moving average price of $25.50 and a 200-day moving average price of $25.11. Sila Realty Trust, Inc. has a fifty-two week low of $20.20 and a fifty-two week high of $27.50.

Sila Realty Trust Announces Dividend

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

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.