Fortitude Family Office LLC Acquires Shares of 21,395 Sila Realty Trust, Inc. (NYSE:SILA)

Fortitude Family Office LLC bought 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 disclosure with the Securities and Exchange Commission (SEC). The firm bought 21,395 shares of the company's stock, valued at approximately $541,000.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on SILA shares. Truist Financial started coverage on shares of Sila Realty Trust in a research report on Monday, October 7th. They issued a "buy" rating and a $29.00 target price for the company. Janney Montgomery Scott started coverage on shares of Sila Realty Trust in a research note on Thursday, October 3rd. They set a "buy" rating and a $28.00 price target on the stock.

Sila Realty Trust Stock Up 0.7 %

Shares of SILA traded up $0.17 during trading hours on Tuesday, reaching $25.37. 280,169 shares of the stock traded hands, compared to its average volume of 586,662. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.24 and a current ratio of 2.24. Sila Realty Trust, Inc. has a 52-week low of $7.45 and a 52-week high of $26.50. The company's 50-day simple moving average is $25.00.

Sila Realty Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a dividend of $0.1333 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.31%. The ex-dividend date is Thursday, October 31st.

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.