HGI Capital Management LLC Takes Position in Sila Realty Trust, Inc. (NYSE:SILA)

HGI Capital Management LLC bought a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 199,067 shares of the company’s stock, valued at approximately $5,034,000. Sila Realty Trust comprises 4.4% of HGI Capital Management LLC’s holdings, making the stock its 8th biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GoalVest Advisory LLC purchased a new position in shares of Sila Realty Trust during the 2nd quarter valued at approximately $25,000. Global Financial Private Client LLC bought a new position in Sila Realty Trust during the second quarter worth $26,000. EverSource Wealth Advisors LLC bought a new position in Sila Realty Trust during the second quarter worth $26,000. DiNuzzo Private Wealth Inc. bought a new position in Sila Realty Trust during the second quarter worth $27,000. Finally, LRI Investments LLC bought a new position in Sila Realty Trust during the second quarter worth $30,000.

Analyst Upgrades and Downgrades

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

Sila Realty Trust Price Performance

Shares of SILA opened at $26.27 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. Sila Realty Trust, Inc. has a one year low of $7.45 and a one year high of $26.50. The company’s fifty day simple moving average is $25.35.

Sila Realty Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be given a dividend of $0.1333 per share. The ex-dividend date is Friday, November 29th. This represents a $1.60 dividend on an annualized basis and a yield of 6.09%.

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.