Sila Realty Trust, Inc. (NYSE:SILA) Position Boosted by MML Investors Services LLC

MML Investors Services LLC boosted its position in Sila Realty Trust, Inc. (NYSE:SILA) by 40.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,568 shares of the company’s stock after buying an additional 5,047 shares during the quarter. MML Investors Services LLC’s holdings in Sila Realty Trust were worth $444,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp acquired a new position in shares of Sila Realty Trust in the 3rd quarter worth approximately $22,303,000. Hilltop Holdings Inc. bought a new position in Sila Realty Trust during the third quarter worth $241,000. Verition Fund Management LLC acquired a new position in Sila Realty Trust in the third quarter worth $958,000. Captrust Financial Advisors increased its stake in Sila Realty Trust by 4.7% during the third quarter. Captrust Financial Advisors now owns 19,083 shares of the company’s stock valued at $483,000 after purchasing an additional 852 shares during the last quarter. Finally, Waterfront Capital Partners LLC acquired a new stake in shares of Sila Realty Trust during the third quarter worth $1,606,000.

Wall Street Analyst Weigh In

SILA has been the subject of several research reports. Janney Montgomery Scott began coverage on shares of Sila Realty Trust in a report on Thursday, October 3rd. They issued a “buy” rating and a $28.00 price target for the company. Truist Financial decreased their target price on Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating for the company in a research note on Wednesday, December 18th.

Sila Realty Trust Stock Performance

Sila Realty Trust stock opened at $24.34 on Tuesday. The business’s 50-day moving average price is $25.33. Sila Realty Trust, Inc. has a one year low of $7.45 and a one 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 Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a $0.1333 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.60 annualized dividend and a dividend yield of 6.57%.

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.