Creative Planning Invests $477,000 in Sila Realty Trust, Inc. (NYSE:SILA)

Creative Planning bought a new position in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 22,546 shares of the company's stock, valued at approximately $477,000.

Several other large investors also recently bought and sold shares of SILA. Long Pond Capital LP purchased a new stake in shares of Sila Realty Trust in the 2nd quarter valued at approximately $49,981,000. Millennium Management LLC acquired a new position in shares of Sila Realty Trust during the 2nd quarter worth about $16,010,000. Cubist Systematic Strategies LLC acquired a new position in shares of Sila Realty Trust during the 2nd quarter worth about $2,710,000. EverSource Wealth Advisors LLC purchased a new position in shares of Sila Realty Trust in the 2nd quarter valued at about $26,000. Finally, AE Wealth Management LLC acquired a new stake in shares of Sila Realty Trust during the 2nd quarter worth about $1,187,000.

Sila Realty Trust Trading Down 0.9 %

Sila Realty Trust stock traded down $0.24 during midday trading on Wednesday, hitting $25.71. 358,457 shares of the company's stock were exchanged, compared to its average volume of 604,155. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.24 and a current ratio of 2.24. Sila Realty Trust, Inc. has a 12-month low of $7.45 and a 12-month high of $26.50. The business has a 50 day moving average price of $24.34.

Sila Realty Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a $0.1333 dividend. This represents a $1.60 annualized dividend and a yield of 6.22%. The ex-dividend date was Monday, September 30th.

Wall Street Analysts Forecast Growth

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

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.