18,490 Shares in Sila Realty Trust, Inc. (NYSE:SILA) Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp acquired a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 18,490 shares of the company’s stock, valued at approximately $450,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Carolina Wealth Advisors LLC purchased a new position in Sila Realty Trust in the 4th quarter worth about $26,000. Pineridge Advisors LLC increased its holdings in Sila Realty Trust by 244.0% during the fourth quarter. Pineridge Advisors LLC now owns 3,244 shares of the company’s stock valued at $79,000 after buying an additional 2,301 shares during the last quarter. Sound Income Strategies LLC raised its position in Sila Realty Trust by 16.8% in the fourth quarter. Sound Income Strategies LLC now owns 5,690 shares of the company’s stock worth $138,000 after acquiring an additional 817 shares during the period. Blue Trust Inc. boosted its stake in shares of Sila Realty Trust by 5.6% during the 4th quarter. Blue Trust Inc. now owns 9,138 shares of the company’s stock worth $222,000 after acquiring an additional 481 shares during the last quarter. Finally, Financial Counselors Inc. purchased a new stake in shares of Sila Realty Trust in the 3rd quarter worth $230,000.

Analyst Ratings Changes

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

Sila Realty Trust Stock Performance

Shares of NYSE:SILA opened at $26.06 on Friday. Sila Realty Trust, Inc. has a 1-year low of $20.20 and a 1-year high of $26.75. The firm’s 50 day simple moving average is $25.12 and its two-hundred day simple moving average is $25.05. 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 Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were paid a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, March 12th.

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.