Sila Realty Trust, Inc. (NYSE:SILA) Shares Sold by Ignite Planners LLC

Ignite Planners LLC cut its holdings in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 5.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,134 shares of the company’s stock after selling 632 shares during the quarter. Ignite Planners LLC’s holdings in Sila Realty Trust were worth $245,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Long Pond Capital LP acquired a new stake in shares of Sila Realty Trust in the 2nd quarter valued at $49,981,000. State Street Corp acquired a new stake in shares of Sila Realty Trust in the 3rd quarter valued at $22,303,000. Millennium Management LLC acquired a new stake in shares of Sila Realty Trust in the 2nd quarter valued at $16,010,000. Geode Capital Management LLC acquired a new stake in shares of Sila Realty Trust in the 3rd quarter valued at $14,599,000. Finally, Cetera Investment Advisers acquired a new stake in shares of Sila Realty Trust in the 2nd quarter valued at $7,547,000.

Sila Realty Trust Stock Up 0.9 %

NYSE SILA opened at $23.54 on Wednesday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. The firm has a fifty day moving average of $24.75. Sila Realty Trust, Inc. has a 12 month low of $7.45 and a 12 month high of $26.75.

Sila Realty Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were issued a $0.1333 dividend. This represents a $1.60 annualized dividend and a dividend yield of 6.80%. The ex-dividend date was Friday, November 29th.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on SILA. 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 objective on the stock. Truist Financial dropped their target price on shares of Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating on the stock in a research report on Wednesday, December 18th.

About Sila Realty Trust

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.