Sila Realty Trust, Inc. $SILA Shares Sold by PFG Investments LLC

PFG Investments LLC decreased its position in Sila Realty Trust, Inc. (NYSE:SILA) by 40.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 39,139 shares of the company’s stock after selling 26,166 shares during the period. PFG Investments LLC’s holdings in Sila Realty Trust were worth $926,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of SILA. Millennium Management LLC grew its holdings in shares of Sila Realty Trust by 114.4% during the first quarter. Millennium Management LLC now owns 607,111 shares of the company’s stock worth $16,216,000 after buying an additional 323,917 shares in the last quarter. Jane Street Group LLC boosted its position in Sila Realty Trust by 25,141.8% during the first quarter. Jane Street Group LLC now owns 224,904 shares of the company’s stock worth $6,007,000 after acquiring an additional 224,013 shares during the last quarter. WPG Advisers LLC purchased a new stake in Sila Realty Trust in the 1st quarter worth approximately $4,291,000. Punch & Associates Investment Management Inc. raised its holdings in Sila Realty Trust by 14.5% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 1,064,088 shares of the company’s stock valued at $28,422,000 after acquiring an additional 134,454 shares during the last quarter. Finally, Jupiter Asset Management Ltd. purchased a new position in shares of Sila Realty Trust during the 1st quarter worth $3,133,000.

Analyst Ratings Changes

Separately, Wells Fargo & Company began coverage on Sila Realty Trust in a research report on Tuesday, September 23rd. They issued an “equal weight” rating and a $27.00 price objective for the company. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sila Realty Trust currently has an average rating of “Moderate Buy” and an average price target of $27.50.

Sila Realty Trust Stock Performance

Shares of SILA stock opened at $24.68 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 0.93. The firm has a market capitalization of $1.36 billion and a price-to-earnings ratio of 35.76. Sila Realty Trust, Inc. has a one year low of $22.52 and a one year high of $27.50. The company has a 50 day moving average price of $25.10 and a 200 day moving average price of $25.12.

Sila Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Thursday, August 21st were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend was Thursday, August 21st. Sila Realty Trust’s dividend payout ratio (DPR) is 231.88%.

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.