Alpine Global Management LLC Invests $346,000 in Sila Realty Trust, Inc. (NYSE:SILA)

Alpine Global Management LLC purchased a new position in Sila Realty Trust, Inc. (NYSE:SILA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 14,237 shares of the company’s stock, valued at approximately $346,000.

A number of other institutional investors and hedge funds have also bought and sold shares of SILA. Vanguard Group Inc. boosted its position in shares of Sila Realty Trust by 94.0% during the fourth quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company’s stock valued at $124,839,000 after buying an additional 2,487,337 shares during the last quarter. William Blair Investment Management LLC bought a new stake in Sila Realty Trust in the 4th quarter worth approximately $25,918,000. State Street Corp bought a new position in shares of Sila Realty Trust during the 3rd quarter valued at $22,303,000. Victory Capital Management Inc. purchased a new position in shares of Sila Realty Trust in the 4th quarter worth $16,253,000. Finally, Geode Capital Management LLC purchased a new position in shares of Sila Realty Trust in the third quarter worth approximately $14,599,000.

Analysts Set New Price Targets

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

Sila Realty Trust Stock Performance

NYSE SILA opened at $25.68 on Tuesday. The business has a 50-day moving average price of $25.63 and a 200-day moving average price of $25.15. Sila Realty Trust, Inc. has a twelve month low of $20.20 and a twelve month high of $27.50. 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 Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th were issued a $0.40 dividend. The ex-dividend date of this dividend was Wednesday, March 12th.

Sila Realty Trust Company 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.