Van ECK Associates Corp Invests $256,000 in Sila Realty Trust, Inc. (NYSE:SILA)

Van ECK Associates Corp purchased a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,866 shares of the company’s stock, valued at approximately $256,000.

Other large investors have also modified their holdings of the company. EverSource Wealth Advisors LLC purchased a new position in Sila Realty Trust in the second quarter worth $26,000. GoalVest Advisory LLC acquired a new stake in Sila Realty Trust in the 2nd quarter worth about $25,000. Global Financial Private Client LLC acquired a new stake in Sila Realty Trust in the 2nd quarter worth about $26,000. DiNuzzo Private Wealth Inc. acquired a new stake in Sila Realty Trust in the 2nd quarter worth about $27,000. Finally, Oakworth Capital Inc. purchased a new position in shares of Sila Realty Trust in the 3rd quarter worth about $35,000.

Sila Realty Trust Stock Up 0.1 %

Shares of Sila Realty Trust stock opened at $24.34 on Thursday. The firm’s fifty day simple moving average is $25.28. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.24 and a current ratio of 2.24. Sila Realty Trust, Inc. has a 1-year low of $7.45 and a 1-year high of $26.50.

Sila Realty Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a dividend of $0.1333 per share. This represents a $1.60 annualized dividend and a yield of 6.57%. The ex-dividend date of this dividend is Thursday, October 31st.

Analyst Upgrades and Downgrades

Several brokerages recently commented on SILA. Janney Montgomery Scott began coverage on Sila Realty Trust in a report on Thursday, October 3rd. They set a “buy” rating and a $28.00 target price on the stock. Truist Financial initiated coverage on Sila Realty Trust in a research report on Monday, October 7th. They set a “buy” rating and a $29.00 price objective for the company.

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.