Foundations Investment Advisors LLC Buys Shares of 9,109 Sila Realty Trust, Inc. (NYSE:SILA)

Foundations Investment Advisors LLC bought a new position in Sila Realty Trust, Inc. (NYSE:SILA) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,109 shares of the company’s stock, valued at approximately $230,000.

Several other hedge funds have also modified their holdings of SILA. Baldwin Brothers LLC MA acquired a new stake in shares of Sila Realty Trust in the 2nd quarter worth $191,000. Lion Street Advisors LLC purchased a new stake in Sila Realty Trust during the 2nd quarter worth approximately $239,000. Diversify Advisory Services LLC acquired a new position in Sila Realty Trust during the 2nd quarter valued at approximately $923,000. Sound Income Strategies LLC acquired a new position in shares of Sila Realty Trust in the 2nd quarter valued at $406,000. Finally, Ignite Planners LLC acquired a new position in shares of Sila Realty Trust in the 2nd quarter valued at $249,000.

Analysts Set New Price Targets

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

Sila Realty Trust Trading Down 2.1 %

Shares of SILA stock opened at $25.21 on Friday. Sila Realty Trust, Inc. has a twelve month low of $7.45 and a twelve month high of $26.50. The firm’s 50 day moving average is $24.94. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.24 and a quick ratio of 2.24.

Sila Realty Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 31st will be issued a dividend of $0.1333 per share. This represents a $1.60 annualized dividend and a dividend yield of 6.35%. The ex-dividend date of this dividend is Thursday, October 31st.

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.