Regatta Capital Group LLC Reduces Position in Sila Realty Trust, Inc. (NYSE:SILA)

Regatta Capital Group LLC decreased its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 36.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,804 shares of the company’s stock after selling 19,066 shares during the period. Regatta Capital Group LLC’s holdings in Sila Realty Trust were worth $876,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. purchased a new position in shares of Sila Realty Trust during the fourth quarter worth approximately $1,832,000. Invesco Ltd. boosted its stake in Sila Realty Trust by 231.2% during the 4th quarter. Invesco Ltd. now owns 98,209 shares of the company’s stock worth $2,388,000 after purchasing an additional 68,559 shares during the period. Charles Schwab Investment Management Inc. grew its position in Sila Realty Trust by 99.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 639,006 shares of the company’s stock worth $15,541,000 after purchasing an additional 318,737 shares during the last quarter. Armis Advisers LLC acquired a new position in Sila Realty Trust in the fourth quarter valued at $965,000. Finally, Bank of America Corp DE raised its holdings in shares of Sila Realty Trust by 365.5% in the fourth quarter. Bank of America Corp DE now owns 95,952 shares of the company’s stock valued at $2,334,000 after buying an additional 75,339 shares during the last quarter.

Sila Realty Trust Price Performance

Sila Realty Trust stock opened at $24.37 on Monday. Sila Realty Trust, Inc. has a 12 month low of $20.20 and a 12 month high of $27.50. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. The business has a 50 day simple moving average of $25.50 and a 200-day simple moving average of $25.18. The stock has a market capitalization of $1.34 billion and a PE ratio of 39.31.

Sila Realty Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 6.56%. The ex-dividend date was Wednesday, May 21st. Sila Realty Trust’s dividend payout ratio (DPR) is presently 258.06%.

Analyst Upgrades and Downgrades

Separately, Truist Financial increased their target price on shares of Sila Realty Trust from $27.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, March 17th.

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.