LGT Financial Advisors LLC Sells 35,435 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

LGT Financial Advisors LLC lessened its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 81.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,103 shares of the company’s stock after selling 35,435 shares during the quarter. LGT Financial Advisors LLC’s holdings in Sila Realty Trust were worth $205,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. EverSource Wealth Advisors LLC bought a new stake in Sila Realty Trust during the second quarter worth approximately $26,000. 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 shares of Sila Realty Trust in the second quarter worth $26,000. DiNuzzo Private Wealth Inc. bought a new stake in shares of Sila Realty Trust during the 2nd quarter worth $27,000. Finally, Oakworth Capital Inc. acquired a new position in Sila Realty Trust in the 3rd quarter valued at $35,000.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. 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 target price for the company. Janney Montgomery Scott began coverage on Sila Realty Trust in a research note on Thursday, October 3rd. They issued a “buy” rating and a $28.00 price objective on the stock.

Sila Realty Trust Stock Performance

Shares of Sila Realty Trust stock opened at $24.00 on Thursday. Sila Realty Trust, Inc. has a 1 year low of $7.45 and a 1 year high of $26.50. The business has a fifty day moving average of $25.21. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.24 and a current ratio of 2.24.

Sila Realty Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.1333 per share. The ex-dividend date is Thursday, October 31st. This represents a $1.60 annualized dividend and a dividend yield of 6.67%.

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.