Envestnet Asset Management Inc. Purchases 41,127 Shares of Sila Realty Trust, Inc. $SILA

Envestnet Asset Management Inc. boosted its position in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 21.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 236,344 shares of the company’s stock after buying an additional 41,127 shares during the period. Envestnet Asset Management Inc. owned approximately 0.43% of Sila Realty Trust worth $5,932,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Focus Partners Wealth increased its stake in Sila Realty Trust by 1.6% in the first quarter. Focus Partners Wealth now owns 36,902 shares of the company’s stock valued at $986,000 after acquiring an additional 585 shares during the last quarter. Anchor Investment Management LLC boosted its holdings in shares of Sila Realty Trust by 11.4% in the 2nd quarter. Anchor Investment Management LLC now owns 5,774 shares of the company’s stock valued at $137,000 after purchasing an additional 590 shares in the last quarter. Amundi increased its stake in shares of Sila Realty Trust by 2.1% in the 1st quarter. Amundi now owns 32,203 shares of the company’s stock valued at $869,000 after purchasing an additional 664 shares during the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of Sila Realty Trust by 3.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 19,448 shares of the company’s stock worth $460,000 after buying an additional 668 shares in the last quarter. Finally, Creative Planning raised its holdings in shares of Sila Realty Trust by 5.1% during the 2nd quarter. Creative Planning now owns 18,310 shares of the company’s stock worth $433,000 after buying an additional 894 shares in the last quarter.

Sila Realty Trust Stock Up 1.3%

Shares of SILA opened at $25.39 on Friday. The stock’s 50-day moving average price is $24.09 and its two-hundred day moving average price is $24.19. Sila Realty Trust, Inc. has a 12 month low of $21.94 and a 12 month high of $27.50. The company has a market capitalization of $1.40 billion, a PE ratio of 36.80 and a beta of -0.02. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.50.

Analyst Ratings Changes

SILA has been the subject of a number of research reports. Wells Fargo & Company dropped their target price on shares of Sila Realty Trust from $27.00 to $25.00 and set an “equal weight” rating for the company in a report on Tuesday, November 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Sila Realty Trust in a research note on Monday, December 29th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $26.67.

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. Our portfolio comprises high quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients.