Private Wealth Group LLC Acquires Shares of 8,046 Sila Realty Trust, Inc. (NYSE:SILA)

Private Wealth Group LLC acquired a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,046 shares of the company’s stock, valued at approximately $203,000.

Several other institutional investors have also added to or reduced their stakes in the company. Long Pond Capital LP acquired a new position in shares of Sila Realty Trust during the second quarter worth $49,981,000. Millennium Management LLC acquired a new position in shares of Sila Realty Trust during the second quarter worth $16,010,000. Cambridge Investment Research Advisors Inc. acquired a new position in shares of Sila Realty Trust during the second quarter worth $15,534,000. Cetera Investment Advisers acquired a new position in shares of Sila Realty Trust during the second quarter worth $7,547,000. Finally, Madrona Financial Services LLC acquired a new position in shares of Sila Realty Trust during the second quarter worth $4,686,000.

Sila Realty Trust Price Performance

Shares of Sila Realty Trust stock opened at $24.91 on Friday. 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, Inc. has a twelve month low of $7.45 and a twelve month high of $26.50. The business has a fifty day simple moving average of $25.17.

Sila Realty Trust Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on SILA. Janney Montgomery Scott started coverage on shares of Sila Realty Trust in a report on Thursday, October 3rd. They set a “buy” rating and a $28.00 price target for the company. Truist Financial started coverage on shares of Sila Realty Trust in a research note on Monday, October 7th. They issued a “buy” rating and a $29.00 price objective on the stock.

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.