Easterly Investment Partners LLC Takes Position in Sila Realty Trust, Inc. (NYSE:SILA)

Easterly Investment Partners LLC acquired a new stake in Sila Realty Trust, Inc. (NYSE:SILA) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 96,639 shares of the company’s stock, valued at approximately $2,444,000. Easterly Investment Partners LLC owned 0.18% of Sila Realty Trust at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. GoalVest Advisory LLC purchased a new position in shares of Sila Realty Trust during the second quarter worth approximately $25,000. Global Financial Private Client LLC purchased a new position in Sila Realty Trust during the 2nd quarter valued at $26,000. EverSource Wealth Advisors LLC purchased a new position in Sila Realty Trust during the 2nd quarter valued at $26,000. DiNuzzo Private Wealth Inc. purchased a new position in Sila Realty Trust during the 2nd quarter valued at $27,000. Finally, LRI Investments LLC purchased a new position in Sila Realty Trust during the 2nd quarter valued at $30,000.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SILA. Truist Financial initiated 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 set a “buy” rating and a $28.00 target price on the stock.

Sila Realty Trust Stock Performance

Shares of SILA stock traded up $0.32 during mid-day trading on Friday, reaching $25.07. 85,056 shares of the company’s stock traded hands, compared to its average volume of 577,692. Sila Realty Trust, Inc. has a 12 month low of $7.45 and a 12 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. The firm’s 50-day simple moving average is $25.23.

Sila Realty Trust Dividend Announcement

The company also recently declared 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. This represents a $1.60 dividend on an annualized basis and a yield of 6.38%. The ex-dividend date is Thursday, October 31st.

About Sila Realty Trust

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.