abrdn plc Invests $286,000 in Sila Realty Trust, Inc. (NYSE:SILA)

abrdn plc purchased a new position in Sila Realty Trust, Inc. (NYSE:SILA) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,300 shares of the company’s stock, valued at approximately $286,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Long Pond Capital LP bought a new stake in Sila Realty Trust during the second quarter worth approximately $49,981,000. Millennium Management LLC acquired a new stake in Sila Realty Trust during the second quarter worth about $16,010,000. Cambridge Investment Research Advisors Inc. bought a new position in Sila Realty Trust during the second quarter valued at about $15,534,000. Cetera Investment Advisers acquired a new position in Sila Realty Trust in the 2nd quarter valued at approximately $7,547,000. Finally, Madrona Financial Services LLC acquired a new position in Sila Realty Trust in the 2nd quarter valued at approximately $4,686,000.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SILA. Janney Montgomery Scott assumed coverage on Sila Realty Trust in a report on Thursday, October 3rd. They set a “buy” rating and a $28.00 price objective on the stock. 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 price target on the stock.

Sila Realty Trust Price Performance

NYSE:SILA opened at $25.39 on Wednesday. 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, Inc. has a 12-month low of $7.45 and a 12-month high of $26.50. The business has a 50-day simple moving average of $25.21.

Sila Realty Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be given a dividend of $0.1333 per share. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.60 annualized dividend and a dividend yield of 6.30%.

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.