Waterfront Capital Partners LLC Makes New Investment in Sila Realty Trust, Inc. (NYSE:SILA)

Waterfront Capital Partners LLC acquired a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 63,503 shares of the company’s stock, valued at approximately $1,606,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SILA. Long Pond Capital LP acquired a new position in Sila Realty Trust during the second quarter worth approximately $49,981,000. Millennium Management LLC acquired a new position in Sila Realty Trust in the second quarter valued at $16,010,000. Cambridge Investment Research Advisors Inc. acquired a new position in Sila Realty Trust in the second quarter valued at $15,534,000. Cetera Investment Advisers acquired a new position in Sila Realty Trust in the second quarter valued at $7,547,000. Finally, Charles Schwab Investment Management Inc. acquired a new position in Sila Realty Trust in the 3rd quarter valued at about $8,100,000.

Wall Street Analyst Weigh In

Several analysts have commented on SILA shares. Truist Financial started coverage on Sila Realty Trust in a research note on Monday, October 7th. They set a “buy” rating and a $29.00 price objective for the company. Janney Montgomery Scott initiated coverage on shares of 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 NYSE SILA opened at $26.27 on Friday. Sila Realty Trust, Inc. has a one year low of $7.45 and a one year high of $26.50. The stock’s fifty day moving average is $25.35. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78.

Sila Realty Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be given a dividend of $0.1333 per share. The ex-dividend date is Friday, November 29th. This represents a $1.60 annualized dividend and a dividend yield of 6.09%.

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.