OMERS ADMINISTRATION Corp Takes Position in Sila Realty Trust, Inc. (NYSE:SILA)

OMERS ADMINISTRATION Corp acquired a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the 4th quarter, Holdings Channel.com reports. The firm acquired 60,000 shares of the company’s stock, valued at approximately $1,459,000.

Several other institutional investors have also modified their holdings of the business. Carolina Wealth Advisors LLC acquired a new stake in Sila Realty Trust in the 4th quarter valued at approximately $26,000. MetLife Investment Management LLC acquired a new stake in Sila Realty Trust in the 4th quarter valued at approximately $39,000. Pineridge Advisors LLC raised its position in Sila Realty Trust by 244.0% in the 4th quarter. Pineridge Advisors LLC now owns 3,244 shares of the company’s stock valued at $79,000 after buying an additional 2,301 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Sila Realty Trust by 507.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company’s stock valued at $84,000 after buying an additional 2,895 shares during the last quarter. Finally, Sound Income Strategies LLC raised its position in Sila Realty Trust by 16.8% in the 4th quarter. Sound Income Strategies LLC now owns 5,690 shares of the company’s stock valued at $138,000 after buying an additional 817 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, Truist Financial lifted their target price on Sila Realty Trust from $27.00 to $28.00 and gave the company a “buy” rating in a research report on Monday, March 17th.

Sila Realty Trust Stock Up 3.3%

NYSE:SILA opened at $25.41 on Friday. The firm has a market capitalization of $1.40 billion and a price-to-earnings ratio of 40.98. Sila Realty Trust, Inc. has a twelve month low of $20.20 and a twelve month high of $27.50. The stock’s 50 day moving average price is $25.85 and its two-hundred day moving average price is $25.17. 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given 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 258.06%.

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.