Cape Investment Advisory Inc. Cuts Holdings in Sila Realty Trust, Inc. (NYSE:SILA)

Cape Investment Advisory Inc. cut its stake in Sila Realty Trust, Inc. (NYSE:SILA) by 30.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,877 shares of the company’s stock after selling 6,198 shares during the period. Cape Investment Advisory Inc.’s holdings in Sila Realty Trust were worth $337,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Carolina Wealth Advisors LLC purchased a new position in shares of Sila Realty Trust in the 4th quarter worth about $26,000. Pineridge Advisors LLC boosted its stake in Sila Realty Trust by 244.0% in the fourth quarter. Pineridge Advisors LLC now owns 3,244 shares of the company’s stock worth $79,000 after buying an additional 2,301 shares in the last quarter. Sound Income Strategies LLC boosted its stake in Sila Realty Trust by 16.8% in the fourth quarter. Sound Income Strategies LLC now owns 5,690 shares of the company’s stock worth $138,000 after buying an additional 817 shares in the last quarter. Private Wealth Group LLC purchased a new stake in Sila Realty Trust in the third quarter worth approximately $203,000. Finally, Concorde Asset Management LLC purchased a new stake in Sila Realty Trust in the third quarter worth approximately $219,000.

Analysts Set New Price Targets

Separately, Truist Financial reduced their target price on shares of 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 Stock Up 1.8 %

SILA opened at $25.40 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. The stock’s 50 day simple moving average is $24.45 and its 200 day simple moving average is $24.79. Sila Realty Trust, Inc. has a 1 year low of $7.45 and a 1 year high of $26.75.

Sila Realty Trust Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, March 12th.

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.