Integrated Wealth Concepts LLC Sells 10,320 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Integrated Wealth Concepts LLC reduced its stake in Sila Realty Trust, Inc. (NYSE:SILA) by 20.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,344 shares of the company’s stock after selling 10,320 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.07% of Sila Realty Trust worth $995,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in SILA. Hilltop Holdings Inc. acquired a new position in Sila Realty Trust in the 3rd quarter valued at $241,000. Verition Fund Management LLC acquired a new position in Sila Realty Trust in the third quarter valued at about $958,000. Captrust Financial Advisors lifted its position in Sila Realty Trust by 4.7% during the third quarter. Captrust Financial Advisors now owns 19,083 shares of the company’s stock worth $483,000 after purchasing an additional 852 shares during the period. Waterfront Capital Partners LLC acquired a new stake in Sila Realty Trust during the third quarter worth about $1,606,000. Finally, HGI Capital Management LLC acquired a new position in shares of Sila Realty Trust in the 3rd quarter valued at approximately $5,034,000.

Sila Realty Trust Price Performance

Shares of SILA opened at $25.64 on Monday. Sila Realty Trust, Inc. has a 52-week low of $7.45 and a 52-week high of $26.75. The firm has a 50 day simple moving average of $25.37. 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 Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be issued a dividend of $0.1333 per share. The ex-dividend date is Friday, November 29th. This represents a $1.60 annualized dividend and a dividend yield of 6.24%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on SILA shares. Truist Financial assumed coverage on Sila Realty Trust in a research note on Monday, October 7th. They set a “buy” rating and a $29.00 target price for the company. Janney Montgomery Scott began coverage on shares of Sila Realty Trust in a research report on Thursday, October 3rd. They issued a “buy” rating and a $28.00 price target for the company.

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.