Diversify Wealth Management LLC Trims Position in Sila Realty Trust, Inc. (NYSE:SILA)

Diversify Wealth Management LLC lowered its position in Sila Realty Trust, Inc. (NYSE:SILA) by 6.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 111,441 shares of the company’s stock after selling 8,030 shares during the quarter. Diversify Wealth Management LLC owned about 0.20% of Sila Realty Trust worth $2,582,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares 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 worth approximately $4,091,000. State Street Corp acquired a new stake in Sila Realty Trust during the third quarter worth $22,303,000. Geode Capital Management LLC acquired a new stake in Sila Realty Trust during the third quarter worth $14,599,000. Harbor Capital Advisors Inc. purchased a new stake in Sila Realty Trust in the third quarter valued at $6,949,000. Finally, Barclays PLC acquired a new position in shares of Sila Realty Trust in the 3rd quarter valued at $592,000.

Sila Realty Trust Trading Down 0.4 %

SILA stock opened at $24.24 on Monday. The company has a fifty day moving average price of $24.73. Sila Realty Trust, Inc. has a 12-month low of $7.45 and a 12-month high of $26.75. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37.

Sila Realty Trust Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a dividend of $0.1333 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.60 annualized dividend and a dividend yield of 6.60%.

Wall Street Analyst Weigh In

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

About Sila Realty Trust

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.