Ade LLC Makes New $342,000 Investment in Sila Realty Trust, Inc. (NYSE:SILA)

Ade LLC purchased a new stake in Sila Realty Trust, Inc. (NYSE:SILA) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 13,505 shares of the company’s stock, valued at approximately $342,000.

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

Analyst Upgrades and Downgrades

SILA has been the subject of a number of research analyst reports. Janney Montgomery Scott assumed 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 for the company. Truist Financial initiated coverage on Sila Realty Trust in a report on Monday, October 7th. They issued a “buy” rating and a $29.00 price target on the stock.

Sila Realty Trust Price Performance

NYSE SILA traded up $0.32 during trading hours on Wednesday, reaching $25.69. The company’s stock had a trading volume of 51,897 shares, compared to its average volume of 582,700. 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 business’s 50-day moving average price is $25.05. Sila Realty Trust, Inc. has a fifty-two week low of $7.45 and a fifty-two week high of $26.50.

Sila Realty Trust Dividend Announcement

The company also recently announced 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 annualized dividend and a yield of 6.23%. 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.