Waterfront Capital Partners LLC Invests $1.61 Million in Sila Realty Trust, Inc. (NYSE:SILA)

Waterfront Capital Partners LLC purchased a new stake in Sila Realty Trust, Inc. (NYSE:SILA) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 63,503 shares of the company’s stock, valued at approximately $1,606,000. Waterfront Capital Partners LLC owned about 0.12% of Sila Realty Trust as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in SILA. GoalVest Advisory LLC acquired a new position in shares of Sila Realty Trust during the 2nd quarter valued at about $25,000. Global Financial Private Client LLC purchased a new position in Sila Realty Trust during the second quarter worth about $26,000. EverSource Wealth Advisors LLC acquired a new position in Sila Realty Trust in the 2nd quarter valued at about $26,000. DiNuzzo Private Wealth Inc. purchased a new stake in shares of Sila Realty Trust in the 2nd quarter valued at approximately $27,000. Finally, LRI Investments LLC acquired a new stake in shares of Sila Realty Trust during the 2nd quarter worth approximately $30,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Janney Montgomery Scott began coverage on 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 report on Monday, October 7th. They set a “buy” rating and a $29.00 price objective for the company.

Sila Realty Trust Stock Up 0.4 %

NYSE SILA opened at $26.27 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a 50-day moving average price of $25.35. Sila Realty Trust, Inc. has a 1-year low of $7.45 and a 1-year high of $26.50.

Sila Realty Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be issued a $0.1333 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date is Friday, November 29th.

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.