LGT Financial Advisors LLC decreased its position in Sila Realty Trust, Inc. (NYSE:SILA – Free Report) by 81.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 8,103 shares of the company’s stock after selling 35,435 shares during the period. LGT Financial Advisors LLC’s holdings in Sila Realty Trust were worth $205,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GoalVest Advisory LLC acquired a new stake in shares of Sila Realty Trust in the second quarter worth $25,000. Global Financial Private Client LLC acquired a new stake in Sila Realty Trust during the 2nd quarter worth about $26,000. EverSource Wealth Advisors LLC purchased a new position in Sila Realty Trust during the 2nd quarter valued at about $26,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of Sila Realty Trust in the 2nd quarter valued at about $27,000. Finally, LRI Investments LLC purchased a new stake in shares of Sila Realty Trust in the second quarter worth approximately $30,000.
Analyst Ratings Changes
A number of research analysts recently commented on SILA shares. Truist Financial started coverage on shares of Sila Realty Trust in a research report on Monday, October 7th. They set a “buy” rating and a $29.00 price objective on the stock. Janney Montgomery Scott assumed 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 on the stock.
Sila Realty Trust Stock Down 5.5 %
SILA opened at $24.00 on Thursday. The business’s 50-day moving average price is $25.21. Sila Realty Trust, Inc. has a fifty-two week low of $7.45 and a fifty-two week high of $26.50. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.24 and a quick ratio of 2.24.
Sila Realty Trust Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a $0.1333 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 6.67%. The ex-dividend date is Thursday, October 31st.
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.
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