Madrona Financial Services LLC Sells 2,518 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Madrona Financial Services LLC trimmed its holdings in Sila Realty Trust, Inc. (NYSE:SILA) by 1.2% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 204,250 shares of the company’s stock after selling 2,518 shares during the quarter. Sila Realty Trust comprises approximately 1.5% of Madrona Financial Services LLC’s portfolio, making the stock its 19th biggest position. Madrona Financial Services LLC owned about 0.37% of Sila Realty Trust worth $5,456,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Tritonpoint Wealth LLC increased its holdings in Sila Realty Trust by 9.6% in the 1st quarter. Tritonpoint Wealth LLC now owns 9,207 shares of the company’s stock worth $246,000 after buying an additional 806 shares in the last quarter. CreativeOne Wealth LLC grew its stake in shares of Sila Realty Trust by 5.4% during the 4th quarter. CreativeOne Wealth LLC now owns 17,236 shares of the company’s stock valued at $419,000 after purchasing an additional 885 shares during the period. HighPoint Advisor Group LLC grew its stake in shares of Sila Realty Trust by 5.8% during the 4th quarter. HighPoint Advisor Group LLC now owns 19,709 shares of the company’s stock valued at $496,000 after purchasing an additional 1,088 shares during the period. Berger Financial Group Inc grew its stake in shares of Sila Realty Trust by 3.8% during the 4th quarter. Berger Financial Group Inc now owns 31,041 shares of the company’s stock valued at $755,000 after purchasing an additional 1,144 shares during the period. Finally, Continuum Advisory LLC grew its stake in shares of Sila Realty Trust by 29.3% during the 1st quarter. Continuum Advisory LLC now owns 5,522 shares of the company’s stock valued at $147,000 after purchasing an additional 1,251 shares during the period.

Wall Street Analyst Weigh In

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 research note on Monday, March 17th.

Sila Realty Trust Trading Down 1.2%

Sila Realty Trust stock opened at $23.82 on Thursday. The business has a 50-day simple moving average of $25.08 and a two-hundred day simple moving average of $25.03. The company has a market cap of $1.31 billion and a P/E ratio of 38.42. Sila Realty Trust, Inc. has a 52-week low of $20.30 and a 52-week high of $27.50. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.40.

Sila Realty Trust Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st were paid a dividend of $0.40 per share. The ex-dividend date was Wednesday, May 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.72%. Sila Realty Trust’s dividend payout ratio is currently 258.06%.

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.