Realta Investment Advisors Invests $295,000 in Sila Realty Trust, Inc. (NYSE:SILA)

Realta Investment Advisors acquired a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) in the third quarter, Holdings Channel reports. The institutional investor acquired 11,571 shares of the company’s stock, valued at approximately $295,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cooper Financial Group acquired a new stake in shares of Sila Realty Trust during the 2nd quarter worth about $721,000. Graham Capital Wealth Management LLC acquired a new position in shares of Sila Realty Trust during the third quarter worth about $4,304,000. Pineridge Advisors LLC acquired a new position in shares of Sila Realty Trust during the second quarter worth about $362,000. Diversify Wealth Management LLC acquired a new position in shares of Sila Realty Trust during the second quarter worth about $3,082,000. Finally, Dynamic Advisor Solutions LLC purchased a new stake in Sila Realty Trust during the second quarter worth approximately $749,000.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on SILA. Truist Financial initiated coverage on Sila Realty Trust in a research note on Monday, October 7th. They set a “buy” rating and a $29.00 target price for the company. Janney Montgomery Scott initiated coverage on Sila Realty Trust in a research note on Thursday, October 3rd. They set a “buy” rating and a $28.00 price target for the company.

Sila Realty Trust Trading Down 1.1 %

NYSE SILA opened at $24.91 on Friday. The stock’s 50-day simple moving average is $25.17. Sila Realty Trust, Inc. has a twelve month low of $7.45 and a twelve month high of $26.50. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 0.35.

Sila Realty Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a $0.1333 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.42%.

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.