Raymond James Financial Inc. purchased a new stake in Sila Realty Trust, Inc. (NYSE:SILA - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 44,910 shares of the company's stock, valued at approximately $1,092,000. Raymond James Financial Inc. owned about 0.08% of Sila Realty Trust at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. State Street Corp bought a new stake in Sila Realty Trust during the third quarter valued at $22,303,000. Victory Capital Management Inc. acquired a new position in shares of Sila Realty Trust in the 4th quarter valued at about $16,253,000. Charles Schwab Investment Management Inc. grew its position in shares of Sila Realty Trust by 99.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 639,006 shares of the company's stock valued at $15,541,000 after buying an additional 318,737 shares during the last quarter. Geode Capital Management LLC acquired a new stake in Sila Realty Trust during the third quarter worth about $14,599,000. Finally, Harbor Capital Advisors Inc. raised its stake in Sila Realty Trust by 52.1% during the fourth quarter. Harbor Capital Advisors Inc. now owns 417,913 shares of the company's stock worth $10,164,000 after acquiring an additional 143,143 shares during the period.
Analysts Set New Price Targets
Separately, Truist Financial upped their target price on Sila Realty Trust from $27.00 to $28.00 and gave the company a "buy" rating in a report on Monday, March 17th.
Check Out Our Latest Research Report on SILA
Sila Realty Trust Trading Down 0.9 %
Shares of SILA traded down $0.22 during midday trading on Tuesday, hitting $24.73. 465,012 shares of the stock traded hands, compared to its average volume of 613,858. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. Sila Realty Trust, Inc. has a 1-year low of $20.20 and a 1-year high of $27.50. The business's 50 day moving average price is $25.44 and its two-hundred day moving average price is $25.12.
Sila Realty Trust Dividend Announcement
The company also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 12th were given a $0.40 dividend. The ex-dividend date was Wednesday, March 12th.
Sila Realty Trust Company Profile
(
Free Report)
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.
See Also
Before you consider Sila Realty Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sila Realty Trust wasn't on the list.
While Sila Realty Trust currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
