Charles Schwab Investment Management Inc. Buys New Stake in Sila Realty Trust, Inc. (NYSE:SILA)

Charles Schwab Investment Management Inc. acquired a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 320,269 shares of the company's stock, valued at approximately $8,100,000. Charles Schwab Investment Management Inc. owned about 0.58% of Sila Realty Trust as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Axxcess Wealth Management LLC increased its position in shares of Sila Realty Trust by 7.0% in the third quarter. Axxcess Wealth Management LLC now owns 12,180 shares of the company's stock valued at $308,000 after buying an additional 800 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in shares of Sila Realty Trust during the second quarter worth about $26,000. GoalVest Advisory LLC purchased a new stake in shares of Sila Realty Trust during the second quarter worth about $25,000. Global Financial Private Client LLC purchased a new stake in Sila Realty Trust during the 2nd quarter worth approximately $26,000. Finally, DiNuzzo Private Wealth Inc. purchased a new stake in Sila Realty Trust during the 2nd quarter worth approximately $27,000.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Janney Montgomery Scott assumed coverage on 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. Truist Financial assumed coverage on shares of Sila Realty Trust in a report on Monday, October 7th. They set a "buy" rating and a $29.00 target price for the company.

Sila Realty Trust Trading Down 0.8 %

Shares of SILA traded down $0.21 during mid-day trading on Wednesday, reaching $25.19. The stock had a trading volume of 263,590 shares, compared to its average volume of 579,224. The company has a fifty day moving average of $25.38. Sila Realty Trust, Inc. has a 52-week low of $7.45 and a 52-week high of $26.75. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37.

Sila Realty Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be given a $0.1333 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.60 annualized dividend and a yield of 6.35%.

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.