Sila Realty Trust, Inc. (NYSE:SILA) Shares Sold by Arkadios Wealth Advisors

Arkadios Wealth Advisors reduced its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 11.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,034 shares of the company’s stock after selling 2,046 shares during the period. Arkadios Wealth Advisors’ holdings in Sila Realty Trust were worth $406,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC acquired a new position in shares of Sila Realty Trust in the 2nd quarter valued at $26,000. GoalVest Advisory LLC acquired a new position in Sila Realty Trust in the second quarter valued at about $25,000. Global Financial Private Client LLC purchased a new position in Sila Realty Trust during the second quarter worth about $26,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of Sila Realty Trust during the second quarter valued at about $27,000. Finally, Oakworth Capital Inc. purchased a new stake in shares of Sila Realty Trust in the 3rd quarter valued at approximately $35,000.

Sila Realty Trust Price Performance

Shares of SILA opened at $25.74 on Thursday. The stock’s 50-day simple moving average is $25.10. 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 Dividend Announcement

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 issued a dividend of $0.1333 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.60 dividend on an annualized basis and a yield of 6.21%.

Analysts Set New Price Targets

SILA has been the subject of a number of research analyst reports. Truist Financial assumed coverage on shares of 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. Janney Montgomery Scott initiated coverage on Sila Realty Trust in a research report on Thursday, October 3rd. They set a “buy” rating and a $28.00 price target for the company.

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.