Sila Realty Trust, Inc. (NYSE:SILA - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $26.92 and last traded at $26.88, with a volume of 167713 shares trading hands. The stock had previously closed at $26.47.
Analysts Set New Price Targets
Separately, Truist Financial boosted their price target on shares of Sila Realty Trust from $27.00 to $28.00 and gave the stock a "buy" rating in a research note on Monday, March 17th.
Check Out Our Latest Stock Report on SILA
Sila Realty Trust Price Performance
The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average price of $25.39 and a 200-day moving average price of $25.12.
Sila Realty Trust Announces Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th were issued a dividend of $0.40 per share. The ex-dividend date was Wednesday, March 12th.
Institutional Investors Weigh In On Sila Realty Trust
Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Sila Realty Trust by 94.0% in the 4th quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company's stock valued at $124,839,000 after buying an additional 2,487,337 shares in the last quarter. Frontier Capital Management Co. LLC grew its stake in Sila Realty Trust by 240.0% in the fourth quarter. Frontier Capital Management Co. LLC now owns 2,125,774 shares of the company's stock valued at $51,699,000 after acquiring an additional 1,500,624 shares during the period. Conversant Capital LLC increased its holdings in shares of Sila Realty Trust by 6.4% in the fourth quarter. Conversant Capital LLC now owns 1,924,033 shares of the company's stock worth $46,792,000 after acquiring an additional 115,552 shares in the last quarter. William Blair Investment Management LLC acquired a new stake in shares of Sila Realty Trust during the fourth quarter worth about $25,918,000. Finally, State Street Corp bought a new position in shares of Sila Realty Trust during the 3rd quarter valued at about $22,303,000.
About Sila Realty Trust
(
Get 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.
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