Envestnet Asset Management Inc. Buys 27,166 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Envestnet Asset Management Inc. increased its position in Sila Realty Trust, Inc. (NYSE:SILA) by 18.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 178,445 shares of the company’s stock after acquiring an additional 27,166 shares during the quarter. Envestnet Asset Management Inc. owned about 0.32% of Sila Realty Trust worth $4,340,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Carolina Wealth Advisors LLC bought a new stake in Sila Realty Trust during the 4th quarter valued at approximately $26,000. Pineridge Advisors LLC grew its holdings in Sila Realty Trust by 244.0% during the 4th quarter. Pineridge Advisors LLC now owns 3,244 shares of the company’s stock valued at $79,000 after buying an additional 2,301 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Sila Realty Trust by 507.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company’s stock valued at $84,000 after buying an additional 2,895 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in shares of Sila Realty Trust by 16.8% in the fourth quarter. Sound Income Strategies LLC now owns 5,690 shares of the company’s stock worth $138,000 after buying an additional 817 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in shares of Sila Realty Trust by 5.6% during the fourth quarter. Blue Trust Inc. now owns 9,138 shares of the company’s stock worth $231,000 after acquiring an additional 481 shares during the last quarter.

Sila Realty Trust Trading Up 0.9 %

NYSE:SILA opened at $26.18 on Thursday. Sila Realty Trust, Inc. has a 1 year low of $20.20 and a 1 year high of $27.50. The stock’s 50 day simple moving average is $25.66 and its two-hundred day simple moving average is $25.16. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37.

Sila Realty Trust Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, March 12th.

Analysts Set New Price Targets

Separately, Truist Financial boosted their price target on shares of Sila Realty Trust from $27.00 to $28.00 and gave the stock a “buy” rating in a research note on Monday, March 17th.

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.