LPL Financial LLC Trims Position in Sila Realty Trust, Inc. (NYSE:SILA)

LPL Financial LLC lowered its holdings in Sila Realty Trust, Inc. (NYSE:SILA) by 12.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 345,302 shares of the company’s stock after selling 48,350 shares during the period. LPL Financial LLC’s holdings in Sila Realty Trust were worth $8,398,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. purchased a new position in Sila Realty Trust during the third quarter worth approximately $8,100,000. The Manufacturers Life Insurance Company acquired a new position in Sila Realty Trust in the third quarter valued at $3,292,000. BNP Paribas Financial Markets purchased a new stake in Sila Realty Trust during the third quarter valued at about $873,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in Sila Realty Trust during the third quarter valued at about $305,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Sila Realty Trust during the third quarter worth about $4,091,000.

Wall Street Analyst Weigh In

Separately, Truist Financial boosted 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 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. Sila Realty Trust, Inc. has a 1-year low of $20.20 and a 1-year high of $27.50. The business has a 50-day moving average of $25.42 and a 200-day moving average of $25.12.

Sila Realty Trust Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were given a $0.40 dividend. The ex-dividend date was Wednesday, March 12th.

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.