Van ECK Associates Corp Buys 1,007 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Van ECK Associates Corp boosted its stake in Sila Realty Trust, Inc. (NYSE:SILA) by 10.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 10,873 shares of the company’s stock after purchasing an additional 1,007 shares during the quarter. Van ECK Associates Corp’s holdings in Sila Realty Trust were worth $264,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. State Street Corp bought a new stake in Sila Realty Trust in the third quarter valued at $22,303,000. Geode Capital Management LLC purchased a new position in Sila Realty Trust during the third quarter valued at $14,599,000. Harbor Capital Advisors Inc. lifted its position in Sila Realty Trust by 52.1% during the fourth quarter. Harbor Capital Advisors Inc. now owns 417,913 shares of the company’s stock valued at $10,164,000 after buying an additional 143,143 shares during the period. Charles Schwab Investment Management Inc. purchased a new position in Sila Realty Trust during the third quarter valued at $8,100,000. Finally, International Assets Investment Management LLC lifted its position in Sila Realty Trust by 2,589.3% during the third quarter. International Assets Investment Management LLC now owns 212,082 shares of the company’s stock valued at $5,364,000 after buying an additional 204,196 shares during the period.

Sila Realty Trust Stock Performance

Shares of Sila Realty Trust stock opened at $24.49 on Monday. The business has a fifty day simple moving average of $24.44 and a two-hundred day simple moving average of $24.69. 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, Inc. has a 12 month low of $7.45 and a 12 month high of $26.75.

Analyst Upgrades and Downgrades

Separately, Truist Financial lowered their price objective on Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating for the company in a research report on Wednesday, December 18th.

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.