Arete Wealth Advisors LLC Sells 1,191 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Arete Wealth Advisors LLC lowered its stake in Sila Realty Trust, Inc. (NYSE:SILA) by 3.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 33,129 shares of the company’s stock after selling 1,191 shares during the quarter. Arete Wealth Advisors LLC’s holdings in Sila Realty Trust were worth $805,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. bought a new stake in Sila Realty Trust in the third quarter valued at $8,100,000. The Manufacturers Life Insurance Company acquired a new position in Sila Realty Trust during the 3rd quarter worth approximately $3,292,000. BNP Paribas Financial Markets bought a new position in Sila Realty Trust in the third quarter worth approximately $873,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Sila Realty Trust in the third quarter valued at approximately $305,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Sila Realty Trust during the third quarter valued at approximately $4,091,000.

Sila Realty Trust Trading Down 6.1 %

Shares of NYSE SILA opened at $25.36 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37. The firm’s 50-day simple moving average is $25.42 and its 200 day simple moving average is $25.12. Sila Realty Trust, Inc. has a fifty-two week low of $20.20 and a fifty-two week high of $27.50.

Sila Realty Trust Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were issued a dividend of $0.40 per share. The ex-dividend date was Wednesday, March 12th.

Wall Street Analysts Forecast Growth

Separately, Truist Financial increased their target price on Sila Realty Trust from $27.00 to $28.00 and gave the stock a “buy” rating in a report 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.