Geode Capital Management LLC Acquires New Shares in Sila Realty Trust, Inc. (NYSE:SILA)

Geode Capital Management LLC acquired a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 576,995 shares of the company’s stock, valued at approximately $14,599,000.

Other hedge funds also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Sila Realty Trust during the 3rd quarter valued at $4,091,000. Harbor Capital Advisors Inc. acquired a new position in Sila Realty Trust during the 3rd quarter worth about $6,949,000. State Street Corp acquired a new position in Sila Realty Trust during the 3rd quarter worth about $22,303,000. Centaurus Financial Inc. lifted its holdings in Sila Realty Trust by 130.9% during the 3rd quarter. Centaurus Financial Inc. now owns 66,195 shares of the company’s stock worth $1,674,000 after buying an additional 37,531 shares during the period. Finally, Graham Capital Wealth Management LLC acquired a new position in Sila Realty Trust during the 3rd quarter worth about $4,304,000.

Sila Realty Trust Price Performance

SILA stock opened at $24.06 on Tuesday. The stock has a 50-day simple moving average of $25.14. Sila Realty Trust, Inc. has a 1-year low of $7.45 and a 1-year high of $26.75. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78.

Sila Realty Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a $0.1333 dividend. This represents a $1.60 annualized dividend and a dividend yield of 6.65%. The ex-dividend date of this dividend was Friday, November 29th.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Janney Montgomery Scott assumed coverage on Sila Realty Trust in a report on Thursday, October 3rd. They set a “buy” rating and a $28.00 target price on the stock. Truist Financial cut their target price on Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating on the stock in a report on Wednesday, December 18th.

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.