Ade LLC Purchases Shares of 13,505 Sila Realty Trust, Inc. (NYSE:SILA)

Ade LLC acquired a new stake in Sila Realty Trust, Inc. (NYSE:SILA) in the third quarter, HoldingsChannel.com reports. The firm acquired 13,505 shares of the company’s stock, valued at approximately $342,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. EverSource Wealth Advisors LLC acquired a new stake in Sila Realty Trust in the 2nd quarter worth about $26,000. GoalVest Advisory LLC purchased a new position in Sila Realty Trust in the second quarter valued at approximately $25,000. Global Financial Private Client LLC acquired a new position in shares of Sila Realty Trust during the 2nd quarter valued at $26,000. DiNuzzo Private Wealth Inc. purchased a new stake in shares of Sila Realty Trust in the second quarter worth about $27,000. Finally, Oakworth Capital Inc. acquired a new position in Sila Realty Trust in the 3rd quarter worth $35,000.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on SILA. Truist Financial began coverage on shares of Sila Realty Trust in a research note on Monday, October 7th. They issued a “buy” rating and a $29.00 price target for the company. Janney Montgomery Scott began coverage on shares of Sila Realty Trust in a research note on Thursday, October 3rd. They set a “buy” rating and a $28.00 target price for the company.

Sila Realty Trust Price Performance

Shares of SILA traded up $0.32 during mid-day trading 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 fifty day moving average price of $25.05. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.35. Sila Realty Trust, Inc. has a 1 year low of $7.45 and a 1 year high of $26.50.

Sila Realty Trust Dividend Announcement

The business 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 of this dividend is Thursday, October 31st. This represents a $1.60 annualized dividend and a yield of 6.23%.

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.