Sila Realty Trust, Inc. (NYSE:SILA) Shares Sold by PFG Investments LLC

PFG Investments LLC lowered its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 12.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 106,300 shares of the company’s stock after selling 15,320 shares during the period. PFG Investments LLC owned 0.19% of Sila Realty Trust worth $2,688,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SILA. IFM Investors Pty Ltd purchased a new stake in shares of Sila Realty Trust in the 3rd quarter valued at approximately $335,000. International Assets Investment Management LLC grew its position in Sila Realty Trust by 2,589.3% in the third quarter. International Assets Investment Management LLC now owns 212,082 shares of the company’s stock worth $5,364,000 after acquiring an additional 204,196 shares during the period. Oakworth Capital Inc. acquired a new stake in Sila Realty Trust during the third quarter worth $35,000. Foundations Investment Advisors LLC purchased a new stake in Sila Realty Trust in the third quarter valued at $230,000. Finally, Blue Trust Inc. acquired a new position in shares of Sila Realty Trust in the 3rd quarter valued at $219,000.

Analysts Set New Price Targets

SILA has been the subject of a number of recent analyst reports. Janney Montgomery Scott initiated coverage on Sila Realty Trust in a research report on Thursday, October 3rd. They set a “buy” rating and a $28.00 price objective for the company. Truist Financial initiated coverage on shares of Sila Realty Trust in a research report on Monday, October 7th. They set a “buy” rating and a $29.00 price target for the company.

Sila Realty Trust Trading Down 2.1 %

Shares of NYSE:SILA traded down $0.55 during trading hours on Friday, reaching $25.21. The stock had a trading volume of 488,581 shares, compared to its average volume of 591,195. The business’s 50 day moving average is $24.94. Sila Realty Trust, Inc. has a 1 year low of $7.45 and a 1 year high of $26.50. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 0.35.

Sila Realty Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a $0.1333 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 6.35%. The ex-dividend date of this dividend 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.