Geode Capital Management LLC Invests $14.60 Million in Sila Realty Trust, Inc. (NYSE:SILA)

Geode Capital Management LLC bought a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 576,995 shares of the company’s stock, valued at approximately $14,599,000. Geode Capital Management LLC owned 1.05% of Sila Realty Trust at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in SILA. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Sila Realty Trust during the 3rd quarter worth $4,091,000. Harbor Capital Advisors Inc. bought a new position in Sila Realty Trust during the 3rd quarter worth $6,949,000. State Street Corp bought a new position in Sila Realty Trust during the 3rd quarter worth $22,303,000. Centaurus Financial Inc. increased its stake 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 acquiring an additional 37,531 shares during the period. Finally, Graham Capital Wealth Management LLC bought a new position in Sila Realty Trust during the 3rd quarter worth $4,304,000.

Sila Realty Trust Stock Down 0.1 %

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

Sila Realty Trust Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were issued a dividend of $0.1333 per share. 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.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on SILA shares. Janney Montgomery Scott started coverage on Sila Realty Trust in a report on Thursday, October 3rd. They issued a “buy” rating and a $28.00 target price on the stock. Truist Financial reduced 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.