Prime Capital Investment Advisors LLC Cuts Position in Sila Realty Trust, Inc. (NYSE:SILA)

Prime Capital Investment Advisors LLC cut its holdings in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 30.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 106,346 shares of the company's stock after selling 46,603 shares during the quarter. Prime Capital Investment Advisors LLC owned about 0.19% of Sila Realty Trust worth $2,689,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Tyler Stone Wealth Management grew its holdings in shares of Sila Realty Trust by 205.1% during the third quarter. Tyler Stone Wealth Management now owns 10,758 shares of the company's stock worth $272,000 after purchasing an additional 7,232 shares during the last quarter. Axxcess Wealth Management LLC lifted its position in shares of Sila Realty Trust by 7.0% during the third quarter. Axxcess Wealth Management LLC now owns 12,180 shares of the company's stock valued at $308,000 after purchasing an additional 800 shares in the last quarter. Easterly Investment Partners LLC purchased a new stake in Sila Realty Trust during the third quarter worth about $2,444,000. HF Advisory Group LLC raised its position in shares of Sila Realty Trust by 51.6% in the third quarter. HF Advisory Group LLC now owns 49,283 shares of the company's stock valued at $1,246,000 after purchasing an additional 16,785 shares during the period. Finally, Clarity Financial LLC bought a new position in Sila Realty Trust in the third quarter valued at $223,000.

Sila Realty Trust Price Performance

NYSE SILA traded down $0.11 during trading hours on Thursday, reaching $24.23. The stock had a trading volume of 359,999 shares, compared to its average volume of 577,372. Sila Realty Trust, Inc. has a 52-week low of $7.45 and a 52-week high of $26.50. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.35. The company's fifty day moving average is $25.28.

Sila Realty Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st 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 6.60%. The ex-dividend date of this dividend is Thursday, October 31st.

Analyst Upgrades and Downgrades

SILA has been the subject of several research reports. Truist Financial started coverage on shares of Sila Realty Trust in a report on Monday, October 7th. They set a "buy" rating and a $29.00 price objective for the company. Janney Montgomery Scott began coverage on Sila Realty Trust in a research note 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.