Beacon Pointe Advisors LLC Buys 2,710 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Beacon Pointe Advisors LLC boosted its position in Sila Realty Trust, Inc. (NYSE:SILA) by 30.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,519 shares of the company’s stock after buying an additional 2,710 shares during the period. Beacon Pointe Advisors LLC’s holdings in Sila Realty Trust were worth $280,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Carolina Wealth Advisors LLC acquired a new position in shares of Sila Realty Trust during the fourth quarter valued at about $26,000. MetLife Investment Management LLC bought a new position in Sila Realty Trust in the 4th quarter valued at about $39,000. Pineridge Advisors LLC boosted its stake in Sila Realty Trust by 244.0% during the 4th quarter. Pineridge Advisors LLC now owns 3,244 shares of the company’s stock valued at $79,000 after purchasing an additional 2,301 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in 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 in the last quarter. Finally, Sound Income Strategies LLC raised its stake in shares of Sila Realty Trust by 16.8% in the fourth 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 last quarter.

Sila Realty Trust Stock Down 0.3 %

Shares of NYSE:SILA opened at $26.01 on Tuesday. Sila Realty Trust, Inc. has a fifty-two week low of $20.20 and a fifty-two week high of $27.50. The company’s 50-day moving average is $25.84 and its 200 day moving average is $25.18. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78.

Sila Realty Trust Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th were paid a dividend of $0.40 per share. The ex-dividend date was Wednesday, March 12th.

Analysts Set New Price Targets

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

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.