Sila Realty Trust, Inc. (NYSE:SILA) Shares Acquired by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC lifted its holdings in Sila Realty Trust, Inc. (NYSE:SILA) by 5.8% during the fourth quarter, Holdings Channel reports. The fund owned 19,709 shares of the company’s stock after buying an additional 1,088 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Sila Realty Trust were worth $496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Sila Realty Trust during the 3rd quarter worth about $4,091,000. Geode Capital Management LLC acquired a new stake in Sila Realty Trust during the third quarter worth about $14,599,000. JPMorgan Chase & Co. raised its position in Sila Realty Trust by 510.9% during the third quarter. JPMorgan Chase & Co. now owns 36,509 shares of the company’s stock valued at $923,000 after acquiring an additional 30,533 shares in the last quarter. State Street Corp acquired a new position in Sila Realty Trust in the third quarter valued at approximately $22,303,000. Finally, Harbor Capital Advisors Inc. boosted its position in Sila Realty Trust by 52.1% in the 4th quarter. Harbor Capital Advisors Inc. now owns 417,913 shares of the company’s stock worth $10,164,000 after purchasing an additional 143,143 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, Truist Financial boosted their target price on shares of Sila Realty Trust from $27.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, March 17th.

Sila Realty Trust Stock Performance

NYSE SILA opened at $27.20 on Thursday. The stock has a 50-day moving average of $25.34 and a 200 day moving average of $25.11. 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 twelve month low of $20.20 and a twelve month high of $27.78.

Sila Realty Trust Dividend Announcement

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th were paid 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.