Diversify Advisory Services LLC Sells 7,792 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Diversify Advisory Services LLC reduced its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 18.1% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,331 shares of the company’s stock after selling 7,792 shares during the quarter. Diversify Advisory Services LLC owned 0.06% of Sila Realty Trust worth $909,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of SILA. Baldwin Brothers LLC MA bought a new stake in Sila Realty Trust during the 2nd quarter valued at about $191,000. Lion Street Advisors LLC purchased a new stake in shares of Sila Realty Trust during the 2nd quarter valued at about $239,000. Sound Income Strategies LLC purchased a new stake in shares of Sila Realty Trust during the 2nd quarter valued at about $406,000. Ignite Planners LLC purchased a new stake in shares of Sila Realty Trust during the 2nd quarter valued at about $249,000. Finally, Dynamic Advisor Solutions LLC purchased a new stake in shares of Sila Realty Trust during the 2nd quarter valued at about $749,000.

Sila Realty Trust Price Performance

SILA opened at $25.74 on Thursday. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 0.35. The business has a 50 day simple moving average of $25.10. Sila Realty Trust, Inc. has a 12-month low of $7.45 and a 12-month high of $26.50.

Sila Realty Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a $0.1333 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.21%. The ex-dividend date of this dividend is Thursday, October 31st.

Analyst Ratings Changes

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

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.