William Blair Investment Management LLC Purchases Shares of 1,065,712 Sila Realty Trust, Inc. (NYSE:SILA)

William Blair Investment Management LLC purchased a new stake in Sila Realty Trust, Inc. (NYSE:SILA) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,065,712 shares of the company’s stock, valued at approximately $25,918,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SILA. Carolina Wealth Advisors LLC acquired a new stake in shares of Sila Realty Trust during the fourth quarter worth $26,000. Pineridge Advisors LLC increased its position in shares of Sila Realty Trust by 244.0% during the fourth quarter. Pineridge Advisors LLC now owns 3,244 shares of the company’s stock worth $79,000 after buying an additional 2,301 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Sila Realty Trust by 507.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company’s stock worth $84,000 after buying an additional 2,895 shares during the period. Sound Income Strategies LLC increased its position in shares of Sila Realty Trust by 16.8% during the fourth quarter. Sound Income Strategies LLC now owns 5,690 shares of the company’s stock worth $138,000 after buying an additional 817 shares during the period. Finally, Concorde Asset Management LLC acquired a new stake in shares of Sila Realty Trust during the third quarter worth $219,000.

Wall Street Analyst Weigh In

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.

Sila Realty Trust Stock Up 1.4 %

Shares of NYSE SILA opened at $26.56 on Wednesday. Sila Realty Trust, Inc. has a 12-month low of $20.20 and a 12-month high of $26.75. The company’s fifty day simple moving average is $24.77 and its 200 day simple moving average is $24.99. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78.

Sila Realty Trust Announces Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th will be paid a dividend of $0.40 per share. The ex-dividend date is Wednesday, March 12th.

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.