Verition Fund Management LLC Takes Position in Sila Realty Trust, Inc. (NYSE:SILA)

Verition Fund Management LLC purchased a new position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 37,872 shares of the company's stock, valued at approximately $958,000. Verition Fund Management LLC owned approximately 0.07% of Sila Realty Trust at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. GoalVest Advisory LLC bought a new position in shares of Sila Realty Trust in the second quarter worth about $25,000. Global Financial Private Client LLC acquired a new stake in shares of Sila Realty Trust in the second quarter worth $26,000. EverSource Wealth Advisors LLC bought a new position in Sila Realty Trust during the second quarter worth $26,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of Sila Realty Trust during the second quarter valued at about $27,000. Finally, LRI Investments LLC bought a new stake in shares of Sila Realty Trust in the 2nd quarter worth approximately $30,000.

Sila Realty Trust Stock Down 0.1 %

NYSE:SILA traded down $0.03 during mid-day trading on Monday, reaching $25.61. 326,663 shares of the company were exchanged, compared to its average volume of 583,546. Sila Realty Trust, Inc. has a 12 month low of $7.45 and a 12 month high of $26.75. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37. The firm's fifty day moving average is $25.38.

Sila Realty Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be given a dividend of $0.1333 per share. This represents a $1.60 annualized dividend and a dividend yield of 6.25%. The ex-dividend date of this dividend is Friday, November 29th.

Analyst Upgrades and Downgrades

Several brokerages recently commented on SILA. Janney Montgomery Scott started coverage on Sila Realty Trust in a research report on Thursday, October 3rd. They issued a "buy" rating and a $28.00 target price for the company. Truist Financial initiated 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.

About Sila Realty Trust

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.