Barclays PLC Makes New $592,000 Investment in Sila Realty Trust, Inc. (NYSE:SILA)

Barclays PLC purchased a new stake in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 23,392 shares of the company's stock, valued at approximately $592,000.

Other institutional investors have also recently bought and sold shares of the company. Long Pond Capital LP bought a new stake in Sila Realty Trust during the second quarter worth $49,981,000. State Street Corp purchased a new position in Sila Realty Trust during the 3rd quarter worth $22,303,000. Millennium Management LLC purchased a new position in Sila Realty Trust during the 2nd quarter worth $16,010,000. Cetera Investment Advisers bought a new stake in shares of Sila Realty Trust in the 2nd quarter worth $7,547,000. Finally, Charles Schwab Investment Management Inc. purchased a new stake in shares of Sila Realty Trust in the third quarter valued at about $8,100,000.

Sila Realty Trust Stock Down 1.4 %

SILA traded down $0.33 during midday trading on Thursday, reaching $23.99. The company had a trading volume of 202,446 shares, compared to its average volume of 566,169. Sila Realty Trust, Inc. has a 12-month low of $7.45 and a 12-month high of $26.75. The business's 50-day moving average price is $25.05. 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 company also recently disclosed a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, November 29th were paid a $0.1333 dividend. The ex-dividend date was Friday, November 29th. This represents a $1.60 annualized dividend and a yield of 6.67%.

Wall Street Analysts Forecast Growth

SILA has been the topic of several analyst reports. Truist Financial cut their price target 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. Janney Montgomery Scott assumed coverage on Sila Realty Trust in a report on Thursday, October 3rd. They issued a "buy" rating and a $28.00 target price for the company.

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.