Sila Realty Trust (NYSE:SILA) Price Target Raised to $28.00

Sila Realty Trust (NYSE:SILA - Get Free Report) had its target price increased by investment analysts at Truist Financial from $27.00 to $28.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. Truist Financial's price objective would indicate a potential upside of 8.23% from the company's current price.

Sila Realty Trust Stock Down 1.6 %

SILA traded down $0.42 on Monday, reaching $25.87. The company's stock had a trading volume of 1,436,064 shares, compared to its average volume of 611,483. 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 has a fifty-two week low of $20.20 and a fifty-two week high of $26.75. The stock has a 50 day moving average of $24.90 and a two-hundred day moving average of $25.01.

Institutional Trading of Sila Realty Trust

Several hedge funds have recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Sila Realty Trust during the third quarter worth $4,091,000. Geode Capital Management LLC purchased a new position in shares of Sila Realty Trust in the third quarter valued at $14,599,000. JPMorgan Chase & Co. raised its stake in shares of Sila Realty Trust by 510.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 36,509 shares of the company's stock worth $923,000 after buying an additional 30,533 shares during the last quarter. State Street Corp purchased a new stake in shares of Sila Realty Trust in the 3rd quarter worth about $22,303,000. Finally, Harbor Capital Advisors Inc. boosted its position in shares of Sila Realty Trust by 52.1% in the 4th quarter. Harbor Capital Advisors Inc. now owns 417,913 shares of the company's stock worth $10,164,000 after buying an additional 143,143 shares in the last quarter.

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About Sila Realty Trust

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.