State Street Corp Makes New $22.30 Million Investment in Sila Realty Trust, Inc. (NYSE:SILA)

State Street Corp bought a new position in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 877,389 shares of the company's stock, valued at approximately $22,303,000. State Street Corp owned 1.59% of Sila Realty Trust as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. GoalVest Advisory LLC bought a new stake in Sila Realty Trust during the second quarter valued at about $25,000. Global Financial Private Client LLC bought a new stake in Sila Realty Trust during the 2nd quarter worth about $26,000. EverSource Wealth Advisors LLC acquired a new position in Sila Realty Trust during the 2nd quarter worth $26,000. DiNuzzo Private Wealth Inc. acquired a new position in shares of Sila Realty Trust during the second quarter valued at $27,000. Finally, LRI Investments LLC bought a new position in shares of Sila Realty Trust in the 2nd quarter valued at about $30,000.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on SILA. Janney Montgomery Scott assumed coverage on shares of Sila Realty Trust in a research note on Thursday, October 3rd. They set a "buy" rating and a $28.00 price objective on the stock. Truist Financial decreased their price target on shares of Sila Realty Trust from $29.00 to $28.00 and set a "buy" rating for the company in a research note on Wednesday, December 18th.

Sila Realty Trust Stock Performance

Shares of NYSE SILA traded down $0.12 during trading hours on Monday, hitting $24.34. 310,669 shares of the stock were exchanged, compared to its average volume of 575,476. 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 1-year low of $7.45 and a 1-year high of $26.75. The firm has a fifty day moving average of $25.33.

Sila Realty Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a dividend of $0.1333 per share. The ex-dividend date was Friday, November 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.57%.

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.