1 week Ago By ABMN Staff
Merit Financial Group LLC increased its position in Sila Realty Trust, Inc. ( NYSE:SILA – Free Report ) by 23.8% during the fourth quarter, HoldingsChannel.
com reports. The firm owned 11,906 shares of the company’s stock after acquiring an additional 2,291 shares during the quarter. Merit Financial Group LLC’s holdings in Sila Realty Trust were worth $290,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of SILA. EverSource Wealth Advisors LLC purchased a new position in Sila Realty Trust in the second quarter worth about $26,000. Cubist Systematic Strategies LLC bought a new stake in shares of Sila Realty Trust during the second quarter valued at approximately $2,710,000.
Millennium Management LLC purchased a new position in Sila Realty Trust in the 2nd quarter worth approximately $16,010,000. Creative Planning bought a new position in Sila Realty Trust in the 2nd quarter valued at approximately $477,000. Finally, Northwestern Mutual Wealth Management Co.
purchased a new stake in Sila Realty Trust during the 2nd quarter valued at $344,000. Sila Realty Trust Trading Up 0.9 % Shares of SILA stock opened at $24.
30 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.
78 and a current ratio of 0.78. The firm’s 50 day moving average is $24.
70 and its 200 day moving average is $24.46. Sila Realty Trust, Inc.
has a 12-month low of $7.45 and a 12-month high of $26.75.
Sila Realty Trust Dividend Announcement The firm also recently declared a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a dividend of $0.1333 per share.
This represents a $1.60 annualized dividend and a dividend yield of 6.58%.
The ex-dividend date was Friday, November 29th. Wall Street Analyst Weigh In Several research firms have recently weighed in on SILA. Janney Montgomery Scott began coverage on Sila Realty Trust in a research note on Thursday, October 3rd.
They issued a “buy” rating and a $28.00 price target for the company. 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. View Our Latest Report on Sila Realty Trust Sila Realty Trust Company Profile ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding SILA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sila Realty Trust, Inc.
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