Lion Street Advisors LLC Has $213,000 Stake in Sila Realty Trust, Inc. (NYSE:SILA)

Lion Street Advisors LLC lowered its holdings in Sila Realty Trust, Inc. (NYSE:SILA) by 25.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 8,404 shares of the company’s stock after selling 2,870 shares during the quarter. Lion Street Advisors LLC’s holdings in Sila Realty Trust were worth $213,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Long Pond Capital LP bought a new position in shares of Sila Realty Trust in the second quarter valued at $49,981,000. Millennium Management LLC acquired a new stake in shares of Sila Realty Trust in the 2nd quarter worth about $16,010,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Sila Realty Trust in the 2nd quarter worth about $15,534,000. Cetera Investment Advisers bought a new position in Sila Realty Trust in the 2nd quarter valued at about $7,547,000. Finally, Madrona Financial Services LLC acquired a new position in Sila Realty Trust during the 2nd quarter valued at about $4,686,000.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Truist Financial assumed coverage on Sila Realty Trust in a research note on Monday, October 7th. They issued a “buy” rating and a $29.00 price objective for the company. Janney Montgomery Scott assumed coverage on Sila Realty Trust in a research note on Thursday, October 3rd. They set a “buy” rating and a $28.00 price objective on the stock. Finally, BNP Paribas initiated coverage on shares of Sila Realty Trust in a report on Tuesday, June 25th. They set an “outperform” rating and a $30.00 price objective on the stock.

Sila Realty Trust Price Performance

Sila Realty Trust stock opened at $25.39 on Friday. Sila Realty Trust, Inc. has a 52 week low of $7.45 and a 52 week high of $26.50. The business’s 50 day moving average price is $24.24. 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 Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a dividend of $0.1333 per share. The ex-dividend date is Monday, September 30th. This represents a $1.60 dividend on an annualized basis and a yield of 6.30%.

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.