Kovack Advisors Inc. Sells 1,814 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Kovack Advisors Inc. decreased its position in Sila Realty Trust, Inc. (NYSE:SILA) by 14.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,670 shares of the company’s stock after selling 1,814 shares during the quarter. Kovack Advisors Inc.’s holdings in Sila Realty Trust were worth $260,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in SILA. State Street Corp bought a new stake in shares of Sila Realty Trust in the 3rd quarter valued at approximately $22,303,000. Geode Capital Management LLC bought a new stake in shares of Sila Realty Trust in the 3rd quarter valued at approximately $14,599,000. Charles Schwab Investment Management Inc. bought a new stake in shares of Sila Realty Trust in the 3rd quarter valued at approximately $8,100,000. Harbor Capital Advisors Inc. bought a new stake in shares of Sila Realty Trust in the 3rd quarter valued at approximately $6,949,000. Finally, International Assets Investment Management LLC grew its stake in shares of Sila Realty Trust by 2,589.3% in the 3rd 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 in the last quarter.

Wall Street Analyst Weigh In

Separately, Truist Financial decreased their target price 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 Stock Performance

Shares of Sila Realty Trust stock opened at $25.40 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37. The stock has a 50 day moving average price of $24.45 and a two-hundred day moving average price of $24.79. Sila Realty Trust, Inc. has a 12-month low of $7.45 and a 12-month high of $26.75.

Sila Realty Trust Announces Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, March 12th.

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.