Sigma Planning Corp Has $953,000 Position in Sila Realty Trust, Inc. (NYSE:SILA)

Sigma Planning Corp reduced its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 3.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,668 shares of the company’s stock after selling 1,536 shares during the quarter. Sigma Planning Corp owned approximately 0.07% of Sila Realty Trust worth $953,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Baldwin Brothers LLC MA acquired a new stake in Sila Realty Trust in the second quarter valued at approximately $191,000. Lion Street Advisors LLC acquired a new stake in Sila Realty Trust in the second quarter valued at approximately $239,000. Diversify Advisory Services LLC acquired a new stake in Sila Realty Trust in the second quarter valued at approximately $923,000. Sound Income Strategies LLC acquired a new stake in Sila Realty Trust in the second quarter valued at approximately $406,000. Finally, Ignite Planners LLC acquired a new stake in Sila Realty Trust in the second quarter valued at approximately $249,000.

Sila Realty Trust Stock Performance

Shares of SILA stock opened at $24.34 on Thursday. The firm has a fifty day simple moving average of $25.28. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 0.35. Sila Realty Trust, Inc. has a 52-week low of $7.45 and a 52-week high of $26.50.

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 $0.1333 dividend. This represents a $1.60 annualized dividend and a dividend yield of 6.57%. The ex-dividend date of this dividend is Thursday, October 31st.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Janney Montgomery Scott assumed coverage on shares of Sila Realty Trust in a research note on Thursday, October 3rd. They issued a “buy” rating and a $28.00 price objective for the company. Truist Financial initiated coverage on shares of 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.

Sila Realty Trust 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.