Sanctuary Advisors LLC Invests $646,000 in Sila Realty Trust, Inc. (NYSE:SILA)

Sanctuary Advisors LLC bought a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 25,639 shares of the company's stock, valued at approximately $646,000.

Other hedge funds have also made changes to their positions in the company. GoalVest Advisory LLC purchased a new position in Sila Realty Trust during the 2nd quarter worth approximately $25,000. Global Financial Private Client LLC purchased a new stake in shares of Sila Realty Trust during the 2nd quarter worth about $26,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Sila Realty Trust during the 2nd quarter valued at about $26,000. DiNuzzo Private Wealth Inc. purchased a new position in shares of Sila Realty Trust in the 2nd quarter valued at about $27,000. Finally, Oakworth Capital Inc. acquired a new position in Sila Realty Trust in the 3rd quarter worth about $35,000.

Sila Realty Trust Stock Up 1.3 %

Shares of SILA traded up $0.31 during mid-day trading on Wednesday, hitting $24.65. 155,699 shares of the company were exchanged, compared to its average volume of 573,049. Sila Realty Trust, Inc. has a 1-year low of $7.45 and a 1-year high of $26.75. The firm's 50 day simple moving average is $25.28. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37.

Sila Realty Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a dividend of $0.1333 per share. The ex-dividend date was Friday, November 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.49%.

Wall Street Analyst Weigh In

Several analysts have commented on SILA shares. Truist Financial dropped their price objective on Sila Realty Trust from $29.00 to $28.00 and set a "buy" rating on the stock in a report on Wednesday, December 18th. Janney Montgomery Scott initiated coverage on shares of Sila Realty Trust in a research note on Thursday, October 3rd. They issued a "buy" rating and a $28.00 price target on the stock.

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.