Concorde Asset Management LLC Takes $219,000 Position in Sila Realty Trust, Inc. (NYSE:SILA)

Concorde Asset Management LLC bought a new stake in Sila Realty Trust, Inc. (NYSE:SILA) during the 3rd quarter, HoldingsChannel reports. The fund bought 8,646 shares of the company’s stock, valued at approximately $219,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC purchased a new stake in shares of Sila Realty Trust in the second quarter valued at $26,000. GoalVest Advisory LLC bought a new position in shares of Sila Realty Trust in the second quarter worth about $25,000. Global Financial Private Client LLC bought a new position in shares of Sila Realty Trust in the second quarter worth about $26,000. DiNuzzo Private Wealth Inc. bought a new position in shares of Sila Realty Trust in the second quarter worth about $27,000. Finally, Oakworth Capital Inc. bought a new position in shares of Sila Realty Trust in the third quarter worth about $35,000.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Truist Financial assumed coverage on shares of Sila Realty Trust in a report on Monday, October 7th. They issued a “buy” rating and a $29.00 price target on the stock. Janney Montgomery Scott assumed coverage on shares of Sila Realty Trust in a report on Thursday, October 3rd. They issued a “buy” rating and a $28.00 price target on the stock.

Sila Realty Trust Trading Down 1.5 %

Shares of Sila Realty Trust stock opened at $25.20 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. Sila Realty Trust, Inc. has a 1 year low of $7.45 and a 1 year high of $26.50. The business’s 50-day simple moving average is $25.26.

Sila Realty Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.1333 per share. This represents a $1.60 annualized dividend and a yield of 6.35%. The ex-dividend date of this dividend is Friday, November 29th.

About Sila Realty Trust

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.