Centaurus Financial Inc. Acquires 37,531 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Centaurus Financial Inc. grew its holdings in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 130.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,195 shares of the company's stock after buying an additional 37,531 shares during the period. Centaurus Financial Inc. owned 0.12% of Sila Realty Trust worth $1,674,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Long Pond Capital LP purchased a new stake in shares of Sila Realty Trust in the 2nd quarter worth approximately $49,981,000. Millennium Management LLC purchased a new stake in shares of Sila Realty Trust in the second quarter worth $16,010,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of Sila Realty Trust during the second quarter valued at $15,534,000. Cetera Investment Advisers purchased a new position in shares of Sila Realty Trust in the 2nd quarter worth about $7,547,000. Finally, Charles Schwab Investment Management Inc. bought a new position in Sila Realty Trust in the 3rd quarter worth about $8,100,000.

Sila Realty Trust Trading Up 2.9 %

Shares of Sila Realty Trust stock traded up $0.73 during trading on Monday, hitting $25.93. 3,882,975 shares of the company's stock traded hands, compared to its average volume of 596,235. Sila Realty Trust, Inc. has a 1 year low of $7.45 and a 1 year high of $26.50. The stock has a 50-day simple moving average of $25.28. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78.

Sila Realty Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.1333 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date of this dividend is Friday, November 29th.

Analysts Set New Price Targets

A number of analysts have weighed in on SILA shares. Truist Financial assumed coverage on shares of 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 began coverage on shares of Sila Realty Trust in a research report on Thursday, October 3rd. They set a "buy" rating and a $28.00 price target for the company.

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.