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Beacon Capital Management LLC Takes $958,000 Position in Sila Realty Trust, Inc. (NYSE:SILA)

Sila Realty Trust logo

Beacon Capital Management LLC bought a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 45,245 shares of the company's stock, valued at approximately $958,000. Beacon Capital Management LLC owned 0.08% of Sila Realty Trust at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SILA. LRI Investments LLC bought a new stake in Sila Realty Trust in the 2nd quarter valued at about $30,000. Cultivar Capital Inc. bought a new stake in shares of Sila Realty Trust in the second quarter valued at approximately $35,000. Fifth Third Bancorp acquired a new stake in Sila Realty Trust during the second quarter worth approximately $38,000. Tsfg LLC acquired a new position in Sila Realty Trust in the 2nd quarter valued at $54,000. Finally, Gradient Investments LLC bought a new stake in shares of Sila Realty Trust during the 2nd quarter valued at $70,000.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas assumed coverage on Sila Realty Trust in a research report on Tuesday, June 25th. They issued an "outperform" rating and a $30.00 price target on the stock.

Check Out Our Latest Stock Analysis on Sila Realty Trust

Sila Realty Trust Price Performance

SILA stock traded up $0.55 during mid-day trading on Friday, hitting $23.72. The stock had a trading volume of 1,039,393 shares, compared to its average volume of 481,894. Sila Realty Trust, Inc. has a 52 week low of $7.45 and a 52 week high of $26.05.


Sila Realty Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, September 13th. Stockholders of record on Friday, August 30th will be paid a $0.1333 dividend. The ex-dividend date is Friday, August 30th. This represents a $1.60 annualized dividend and a dividend yield of 6.74%.

About Sila Realty Trust

(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.

Further Reading

Institutional Ownership by Quarter for Sila Realty Trust (NYSE:SILA)

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