Sila Realty Trust, Inc. (NYSE:SILA) Shares Sold by LPL Financial LLC

LPL Financial LLC reduced its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 12.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 345,302 shares of the company’s stock after selling 48,350 shares during the quarter. LPL Financial LLC owned 0.63% of Sila Realty Trust worth $8,398,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. William Blair Investment Management LLC acquired a new stake in shares of Sila Realty Trust in the 4th quarter worth approximately $25,918,000. State Street Corp acquired a new stake in Sila Realty Trust in the third quarter valued at $22,303,000. Victory Capital Management Inc. purchased a new position in shares of Sila Realty Trust in the fourth quarter valued at $16,253,000. Charles Schwab Investment Management Inc. raised its stake in shares of Sila Realty Trust by 99.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 639,006 shares of the company’s stock worth $15,541,000 after buying an additional 318,737 shares during the last quarter. Finally, Geode Capital Management LLC purchased a new stake in shares of Sila Realty Trust in the 3rd quarter worth about $14,599,000.

Wall Street Analyst Weigh In

Separately, Truist Financial raised their target price on shares of 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

Sila Realty Trust stock opened at $25.36 on Friday. Sila Realty Trust, Inc. has a fifty-two week low of $20.20 and a fifty-two week high of $27.50. The stock has a fifty day moving average of $25.42 and a two-hundred day moving average of $25.12. 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 announced a dividend, which was paid on Wednesday, March 26th. Investors 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 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.