Beacon Capital Management LLC Sells 792 Shares of Sila Realty Trust, Inc. (NYSE:SILA)

Beacon Capital Management LLC cut its stake in shares of Sila Realty Trust, Inc. (NYSE:SILA) by 3.4% during the 4th quarter, HoldingsChannel reports. The firm owned 22,257 shares of the company’s stock after selling 792 shares during the period. Beacon Capital Management LLC’s holdings in Sila Realty Trust were worth $541,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in SILA. Blue Trust Inc. grew its holdings in Sila Realty Trust by 5.6% during the 4th 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. Foundations Investment Advisors LLC grew its holdings in Sila Realty Trust by 8.2% during the 4th quarter. Foundations Investment Advisors LLC now owns 9,859 shares of the company’s stock worth $240,000 after acquiring an additional 750 shares during the last quarter. Axxcess Wealth Management LLC grew its holdings in Sila Realty Trust by 7.0% during the 3rd quarter. Axxcess Wealth Management LLC now owns 12,180 shares of the company’s stock worth $308,000 after acquiring an additional 800 shares during the last quarter. Sound Income Strategies LLC grew its holdings in Sila Realty Trust by 16.8% during the 4th quarter. Sound Income Strategies LLC now owns 5,690 shares of the company’s stock worth $138,000 after acquiring an additional 817 shares during the last quarter. Finally, Captrust Financial Advisors grew its holdings in Sila Realty Trust by 4.7% during the 3rd quarter. Captrust Financial Advisors now owns 19,083 shares of the company’s stock worth $483,000 after acquiring an additional 852 shares during the last quarter.

Wall Street Analyst Weigh In

Separately, Truist Financial reduced 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 report on Wednesday, December 18th.

Sila Realty Trust Stock Performance

Shares of NYSE SILA opened at $25.39 on Friday. Sila Realty Trust, Inc. has a 52-week low of $7.45 and a 52-week high of $26.75. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. The company’s 50 day moving average price is $24.47 and its 200-day moving average price is $24.64.

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.