William Blair Investment Management LLC Sells 89,058 Shares of Sila Realty Trust, Inc. $SILA

William Blair Investment Management LLC trimmed its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 7.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,147,773 shares of the company’s stock after selling 89,058 shares during the quarter. William Blair Investment Management LLC’s holdings in Sila Realty Trust were worth $27,168,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. McElhenny Sheffield Capital Management LLC acquired a new position in shares of Sila Realty Trust during the second quarter worth approximately $35,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Sila Realty Trust during the 1st quarter worth $39,000. Asset Dedication LLC lifted its holdings in Sila Realty Trust by 398.6% during the 1st quarter. Asset Dedication LLC now owns 1,750 shares of the company’s stock worth $47,000 after buying an additional 1,399 shares in the last quarter. Avalon Trust Co acquired a new position in Sila Realty Trust during the 1st quarter worth $47,000. Finally, KBC Group NV acquired a new position in Sila Realty Trust during the 1st quarter worth $79,000.

Wall Street Analyst Weigh In

Several research analysts have issued reports on SILA shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sila Realty Trust in a report on Wednesday, October 8th. Wells Fargo & Company began coverage on Sila Realty Trust in a report on Tuesday, September 23rd. They set an “equal weight” rating and a $27.00 price objective on the stock. One 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, Sila Realty Trust has a consensus rating of “Hold” and an average price target of $27.50.

Sila Realty Trust Trading Up 0.6%

Shares of NYSE SILA opened at $23.90 on Monday. The company’s 50 day simple moving average is $24.83 and its 200 day simple moving average is $24.91. Sila Realty Trust, Inc. has a fifty-two week low of $22.52 and a fifty-two week high of $27.50. The firm has a market capitalization of $1.32 billion and a P/E ratio of 34.63. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.93 and a quick ratio of 0.93.

Sila Realty Trust Dividend Announcement

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

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.