HighPoint Advisor Group LLC Purchases 1,088 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

HighPoint Advisor Group LLC raised its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 5.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,709 shares of the company’s stock after buying an additional 1,088 shares during the quarter. HighPoint Advisor Group LLC’s holdings in Sila Realty Trust were worth $496,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SILA. Carolina Wealth Advisors LLC acquired a new stake in Sila Realty Trust in the fourth quarter valued at approximately $26,000. Pineridge Advisors LLC lifted its holdings in shares of Sila Realty Trust by 244.0% during the 4th quarter. Pineridge Advisors LLC now owns 3,244 shares of the company’s stock valued at $79,000 after purchasing an additional 2,301 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Sila Realty Trust by 507.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company’s stock worth $84,000 after purchasing an additional 2,895 shares in the last quarter. Sound Income Strategies LLC grew its stake in Sila Realty Trust by 16.8% during the 4th quarter. Sound Income Strategies LLC now owns 5,690 shares of the company’s stock worth $138,000 after buying an additional 817 shares during the last quarter. Finally, Blue Trust Inc. increased its position in Sila Realty Trust by 5.6% during the 4th quarter. Blue Trust Inc. now owns 9,138 shares of the company’s stock valued at $231,000 after buying an additional 481 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, Truist Financial raised their price target on Sila Realty Trust from $27.00 to $28.00 and gave the stock a “buy” rating in a report on Monday, March 17th.

Sila Realty Trust Stock Up 2.0 %

Shares of SILA opened at $27.20 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. The company’s fifty day moving average price is $25.34 and its 200-day moving average price is $25.11. Sila Realty Trust, Inc. has a 1-year low of $20.20 and a 1-year high of $27.78.

Sila Realty Trust Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, March 12th.

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.