Waterfront Capital Partners LLC Invests $1.61 Million in Sila Realty Trust, Inc. (NYSE:SILA)

Waterfront Capital Partners LLC bought a new position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the third quarter, according to its most recent filing with the SEC. The firm bought 63,503 shares of the company's stock, valued at approximately $1,606,000. Waterfront Capital Partners LLC owned approximately 0.12% of Sila Realty Trust as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

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

Sila Realty Trust Price Performance

Shares of NYSE SILA traded up $0.47 during midday trading on Friday, reaching $26.61. 361,915 shares of the stock were exchanged, compared to its average volume of 591,444. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a 50-day moving average price of $25.38. Sila Realty Trust, Inc. has a twelve month low of $7.45 and a twelve month high of $26.75.

Sila Realty Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a $0.1333 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $1.60 dividend on an annualized basis and a yield of 6.01%.

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.