HGI Capital Management LLC purchased a new position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 199,067 shares of the company's stock, valued at approximately $5,034,000. Sila Realty Trust makes up 4.4% of HGI Capital Management LLC's holdings, making the stock its 8th biggest position. HGI Capital Management LLC owned approximately 0.36% of Sila Realty Trust as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Baldwin Brothers LLC MA purchased a new stake in Sila Realty Trust in the 2nd quarter worth approximately $191,000. Lion Street Advisors LLC bought a new stake in shares of Sila Realty Trust during the 2nd quarter valued at $239,000. Diversify Advisory Services LLC purchased a new position in shares of Sila Realty Trust during the 2nd quarter valued at $923,000. Sound Income Strategies LLC bought a new position in Sila Realty Trust in the 2nd quarter worth $406,000. Finally, Ignite Planners LLC bought a new position in Sila Realty Trust in the 2nd quarter worth $249,000.
Sila Realty Trust Stock Performance
SILA traded up $0.47 during trading on Friday, hitting $26.61. 361,915 shares of the company traded hands, compared to its average volume of 591,444. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a 50-day moving average price of $25.38. Sila Realty Trust, Inc. has a 1 year low of $7.45 and a 1 year high of $26.75.
Sila Realty Trust Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be given a dividend of $0.1333 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.01%.
Analyst Ratings Changes
Several equities analysts have recently commented on SILA shares. Janney Montgomery Scott initiated coverage on Sila Realty Trust in a research report on Thursday, October 3rd. They issued a "buy" rating and a $28.00 price objective on the stock. 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 target price on the stock.
Check Out Our Latest Stock Report on Sila Realty Trust
Sila Realty Trust Profile
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Free Report)
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.
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