Larson Financial Group LLC Sells 23,803 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Larson Financial Group LLC cut its holdings in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 21.6% during the 4th quarter, HoldingsChannel.com reports. The fund owned 86,261 shares of the company’s stock after selling 23,803 shares during the period. Larson Financial Group LLC’s holdings in Sila Realty Trust were worth $2,098,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Carolina Wealth Advisors LLC bought a new position in Sila Realty Trust during the fourth quarter worth about $26,000. Pineridge Advisors LLC lifted its holdings in 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 acquiring an additional 2,301 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in 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 acquiring an additional 817 shares in the last quarter. Concorde Asset Management LLC bought a new position in Sila Realty Trust during the third quarter worth about $219,000. Finally, Financial Counselors Inc. bought a new position in Sila Realty Trust during the third quarter worth about $230,000.

Analyst Ratings Changes

Separately, Truist Financial reduced their target price on Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating on the stock in a report on Wednesday, December 18th.

Sila Realty Trust Price Performance

Shares of Sila Realty Trust stock opened at $25.42 on Friday. The stock’s 50-day moving average is $24.54 and its 200-day moving average is $24.89. Sila Realty Trust, Inc. has a one year low of $20.20 and a one year high of $26.75. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78.

Sila Realty Trust Announces Dividend

The company also recently declared a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be issued a $0.40 dividend. The ex-dividend date of this dividend is 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.