PKS Advisory Services LLC Buys New Position in Sila Realty Trust, Inc. (NYSE:SILA)

PKS Advisory Services LLC bought a new stake in Sila Realty Trust, Inc. (NYSE:SILA) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,773 shares of the company’s stock, valued at approximately $335,000.

Other institutional investors also recently added to or reduced their stakes in the company. Carolina Wealth Advisors LLC acquired a new stake in shares of Sila Realty Trust in the fourth quarter worth $26,000. Pineridge Advisors LLC grew its position in Sila Realty Trust by 244.0% in the 4th quarter. Pineridge Advisors LLC now owns 3,244 shares of the company’s stock worth $79,000 after purchasing an additional 2,301 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Sila Realty Trust by 507.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company’s stock worth $84,000 after purchasing an additional 2,895 shares during the period. Sound Income Strategies LLC increased its holdings in shares of Sila Realty Trust by 16.8% during the 4th quarter. Sound Income Strategies LLC now owns 5,690 shares of the company’s stock worth $138,000 after purchasing an additional 817 shares during the period. Finally, Financial Counselors Inc. acquired a new position in shares of Sila Realty Trust during the third quarter valued at about $230,000.

Sila Realty Trust Stock Performance

SILA opened at $25.80 on Wednesday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. The firm’s fifty day moving average price is $25.05 and its two-hundred day moving average price is $25.04. Sila Realty Trust, Inc. has a fifty-two week low of $20.20 and a fifty-two week high of $26.75.

Sila Realty Trust Dividend Announcement

The firm also recently announced a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, March 12th.

Analysts Set New Price Targets

Separately, Truist Financial boosted their price target on Sila Realty Trust from $27.00 to $28.00 and gave the company a “buy” rating in a research note on Monday, March 17th.

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.