Aberdeen Group plc Raises Stake in Sila Realty Trust, Inc. $SILA

Aberdeen Group plc boosted its position in Sila Realty Trust, Inc. (NYSE:SILAFree Report) by 13.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,291 shares of the company’s stock after buying an additional 1,995 shares during the quarter. Aberdeen Group plc’s holdings in Sila Realty Trust were worth $409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Sila Realty Trust by 1.1% during the first quarter. Vanguard Group Inc. now owns 5,187,078 shares of the company’s stock valued at $138,547,000 after purchasing an additional 53,905 shares during the period. Punch & Associates Investment Management Inc. boosted its stake in shares of Sila Realty Trust by 14.5% during the first quarter. Punch & Associates Investment Management Inc. now owns 1,064,088 shares of the company’s stock valued at $28,422,000 after purchasing an additional 134,454 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Sila Realty Trust by 15.7% during the first quarter. Victory Capital Management Inc. now owns 772,937 shares of the company’s stock valued at $20,645,000 after purchasing an additional 104,634 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Sila Realty Trust by 6.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 678,529 shares of the company’s stock valued at $18,124,000 after purchasing an additional 39,523 shares during the period. Finally, Millennium Management LLC boosted its stake in shares of Sila Realty Trust by 114.4% during the first quarter. Millennium Management LLC now owns 607,111 shares of the company’s stock valued at $16,216,000 after purchasing an additional 323,917 shares during the period.

Sila Realty Trust Stock Performance

Shares of SILA stock opened at $23.90 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $1.32 billion and a price-to-earnings ratio of 34.63. The stock has a fifty day moving average of $24.83 and a 200 day moving average of $24.92. Sila Realty Trust, Inc. has a 52 week low of $22.52 and a 52 week high of $27.50.

Sila Realty Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 21st were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 21st. This represents a $1.60 annualized dividend and a yield of 6.7%. Sila Realty Trust’s dividend payout ratio (DPR) is currently 231.88%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on SILA. Weiss Ratings reissued a “hold (c+)” rating on shares of Sila Realty Trust in a research note on Wednesday, October 8th. Wells Fargo & Company began coverage on Sila Realty Trust in a research note on Tuesday, September 23rd. They set an “equal weight” rating and a $27.00 price objective for the company. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $27.50.

Read Our Latest Report on Sila Realty Trust

About Sila Realty Trust

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Sila Realty Trust (NYSE:SILA)

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