Oakworth Capital Inc. Makes New Investment in Sila Realty Trust, Inc. (NYSE:SILA)

Oakworth Capital Inc. bought a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) during the third quarter, HoldingsChannel reports. The fund bought 1,397 shares of the company’s stock, valued at approximately $35,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. EverSource Wealth Advisors LLC bought a new stake in shares of Sila Realty Trust during the second quarter worth $26,000. GoalVest Advisory LLC bought a new stake in shares of Sila Realty Trust during the second quarter worth $25,000. Global Financial Private Client LLC bought a new stake in shares of Sila Realty Trust during the second quarter worth $26,000. DiNuzzo Private Wealth Inc. bought a new stake in shares of Sila Realty Trust during the second quarter worth $27,000. Finally, LRI Investments LLC bought a new stake in shares of Sila Realty Trust in the second quarter worth $30,000.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on SILA. Truist Financial began coverage on shares of Sila Realty Trust in a research note on Monday, October 7th. They issued a “buy” rating and a $29.00 price objective on the stock. BNP Paribas began coverage on shares of Sila Realty Trust in a research note on Tuesday, June 25th. They issued an “outperform” rating and a $30.00 price objective on the stock. Finally, Janney Montgomery Scott began coverage on shares of Sila Realty Trust in a research note on Thursday, October 3rd. They issued a “buy” rating and a $28.00 price objective on the stock.

Sila Realty Trust Stock Performance

SILA stock opened at $25.72 on Wednesday. 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, Inc. has a 12-month low of $7.45 and a 12-month high of $26.50. The firm has a fifty day moving average price of $24.75.

Sila Realty Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a $0.1333 dividend. The ex-dividend date is Thursday, October 31st. This represents a $1.60 annualized dividend and a yield of 6.22%.

Sila Realty Trust Company 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.