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

Private Wealth Group LLC purchased a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the third quarter, Holdings Channel reports. The fund purchased 8,046 shares of the company’s stock, valued at approximately $203,000.

Other institutional investors have also bought and sold shares of the company. Creative Financial Designs Inc. ADV bought a new position in shares of Sila Realty Trust during the 3rd quarter worth about $1,029,000. ADE LLC bought a new position in shares of Sila Realty Trust during the 3rd quarter worth about $342,000. Capstone Triton Financial Group LLC bought a new position in shares of Sila Realty Trust during the 3rd quarter worth about $217,000. Fortitude Family Office LLC bought a new position in shares of Sila Realty Trust during the 3rd quarter worth about $541,000. Finally, abrdn plc bought a new position in shares of Sila Realty Trust during the 3rd quarter worth about $286,000.

Sila Realty Trust Stock Performance

SILA 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 fifty-two week low of $7.45 and a fifty-two week high of $26.50. The stock has a 50-day simple moving average of $25.17.

Sila Realty Trust Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on SILA. Truist Financial began 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 initiated coverage on shares of Sila Realty Trust in a report on Thursday, October 3rd. They issued a “buy” rating and a $28.00 target price 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.