OMERS ADMINISTRATION Corp Purchases New Stake in Sila Realty Trust, Inc. (NYSE:SILA)

OMERS ADMINISTRATION Corp bought a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 60,000 shares of the company’s stock, valued at approximately $1,459,000. OMERS ADMINISTRATION Corp owned about 0.11% of Sila Realty Trust at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Jefferies Financial Group Inc. boosted its holdings in Sila Realty Trust by 16.5% during the fourth quarter. Jefferies Financial Group Inc. now owns 58,251 shares of the company’s stock worth $1,417,000 after buying an additional 8,251 shares during the last quarter. Frontier Capital Management Co. LLC boosted its holdings in Sila Realty Trust by 240.0% during the fourth quarter. Frontier Capital Management Co. LLC now owns 2,125,774 shares of the company’s stock worth $51,699,000 after buying an additional 1,500,624 shares during the last quarter. Conversant Capital LLC boosted its holdings in Sila Realty Trust by 6.4% during the fourth quarter. Conversant Capital LLC now owns 1,924,033 shares of the company’s stock worth $46,792,000 after buying an additional 115,552 shares during the last quarter. Cresset Asset Management LLC bought a new position in Sila Realty Trust during the fourth quarter worth about $362,000. Finally, Bank of America Corp DE boosted its holdings in Sila Realty Trust by 365.5% during the fourth quarter. Bank of America Corp DE now owns 95,952 shares of the company’s stock worth $2,334,000 after buying an additional 75,339 shares during the last quarter.

Sila Realty Trust Trading Up 3.3%

NYSE:SILA opened at $25.41 on Friday. Sila Realty Trust, Inc. has a fifty-two week low of $20.20 and a fifty-two week 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 stock has a market capitalization of $1.40 billion and a PE ratio of 40.98. The business’s 50-day simple moving average is $25.85 and its 200-day simple moving average is $25.17.

Sila Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 6.30%. The ex-dividend date of this dividend is Wednesday, May 21st. Sila Realty Trust’s dividend payout ratio (DPR) is presently 258.06%.

Analysts Set New Price Targets

Separately, Truist Financial raised 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.

Sila Realty Trust Profile

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.