Sumitomo Mitsui DS Asset Management Company Ltd Makes New Investment in Sila Realty Trust, Inc. (NYSE:SILA)

Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 13,336 shares of the company's stock, valued at approximately $324,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Carolina Wealth Advisors LLC purchased a new stake in Sila Realty Trust in the 4th quarter worth approximately $26,000. Oakworth Capital Inc. purchased a new stake in Sila Realty Trust in the 3rd quarter worth approximately $35,000. ORG Partners LLC increased its holdings in Sila Realty Trust by 1,252.7% in the 3rd quarter. ORG Partners LLC now owns 2,976 shares of the company's stock worth $75,000 after acquiring an additional 2,756 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Sila Realty Trust in the 3rd quarter worth approximately $112,000. Finally, Sound Income Strategies LLC increased its holdings in Sila Realty Trust by 16.8% in the 4th quarter. Sound Income Strategies LLC now owns 5,690 shares of the company's stock worth $138,000 after acquiring an additional 817 shares in the last quarter.

Sila Realty Trust Stock Down 1.2 %

SILA stock traded down $0.31 during midday trading on Friday, hitting $25.39. The company's stock had a trading volume of 250,162 shares, compared to its average volume of 292,691. Sila Realty Trust, Inc. has a 12 month low of $7.45 and a 12 month high of $26.75. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. The company has a 50 day moving average of $24.47 and a two-hundred day moving average of $24.65.

Analysts Set New Price Targets

Separately, Truist Financial reduced their target price on shares of Sila Realty Trust from $29.00 to $28.00 and set a "buy" rating for the company in a report on Wednesday, December 18th.

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.