Sunbelt Securities Inc. Sells 1,245 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Sunbelt Securities Inc. reduced its stake in Sila Realty Trust, Inc. (NYSE:SILA) by 32.4% during the third quarter, according to its most recent filing with the SEC. The fund owned 2,603 shares of the company’s stock after selling 1,245 shares during the quarter. Sunbelt Securities Inc.’s holdings in Sila Realty Trust were worth $66,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in SILA. Axxcess Wealth Management LLC boosted its stake in Sila Realty Trust by 7.0% in the third quarter. Axxcess Wealth Management LLC now owns 12,180 shares of the company’s stock valued at $308,000 after acquiring an additional 800 shares during the last quarter. Captrust Financial Advisors lifted its stake in Sila Realty Trust by 4.7% in the third quarter. Captrust Financial Advisors now owns 19,083 shares of the company’s stock valued at $483,000 after purchasing an additional 852 shares during the last quarter. EverSource Wealth Advisors LLC bought a new position in Sila Realty Trust during the second quarter valued at $26,000. GoalVest Advisory LLC bought a new position in Sila Realty Trust during the second quarter valued at $25,000. Finally, Global Financial Private Client LLC purchased a new stake in Sila Realty Trust in the second quarter worth $26,000.

Analysts Set New Price Targets

A number of research analysts have recently commented on SILA shares. Truist Financial assumed coverage on Sila Realty Trust in a research report on Monday, October 7th. They set a “buy” rating and a $29.00 price target on the stock. Janney Montgomery Scott initiated coverage on shares of Sila Realty Trust in a research report on Thursday, October 3rd. They set a “buy” rating and a $28.00 target price for the company.

Sila Realty Trust Stock Performance

NYSE:SILA opened at $25.39 on Monday. Sila Realty Trust, Inc. has a 1 year low of $7.45 and a 1 year high of $26.75. 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 stock’s fifty day moving average is $25.37.

Sila Realty Trust Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a $0.1333 dividend. The ex-dividend date was Friday, November 29th. This represents a $1.60 annualized dividend and a yield of 6.30%.

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.