Cubist Systematic Strategies LLC Buys Shares of 128,014 Sila Realty Trust, Inc. (NYSE:SILA)

Cubist Systematic Strategies LLC purchased a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 128,014 shares of the company's stock, valued at approximately $2,710,000. Cubist Systematic Strategies LLC owned about 0.23% of Sila Realty Trust at the end of the most recent quarter.

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

Sila Realty Trust Trading Up 2.0 %

SILA stock traded up $0.49 during mid-day trading on Friday, hitting $25.39. 277,025 shares of the company were exchanged, compared to its average volume of 610,108. Sila Realty Trust, Inc. has a 12-month low of $7.45 and a 12-month high of $26.50. The firm's fifty day simple moving average is $24.24. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.24 and a quick ratio of 2.24.

Sila Realty Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a $0.1333 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $1.60 annualized dividend and a yield of 6.30%.

Analyst Ratings Changes

A number of brokerages have commented on SILA. Janney Montgomery Scott started coverage on shares of Sila Realty Trust in a research note on Thursday, October 3rd. They set a "buy" rating and a $28.00 target price on the stock. Truist Financial assumed coverage on shares of Sila Realty Trust in a research report on Monday, October 7th. They set a "buy" rating and a $29.00 price target on the stock. Finally, BNP Paribas assumed coverage on Sila Realty Trust in a research report on Tuesday, June 25th. They issued an "outperform" rating and a $30.00 price objective 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.