Shares of Sila Realty Trust, Inc. (NYSE:SILA - Get Free Report) saw strong trading volume on Tuesday . 278,811 shares traded hands during trading, an increase of 68% from the previous session's volume of 165,773 shares.The stock last traded at $23.28 and had previously closed at $23.68.
Analyst Ratings Changes
Several equities research analysts have weighed in on SILA shares. Truist Financial lowered their target price on shares of Sila Realty Trust from $29.00 to $28.00 and set a "buy" rating for the company in a research note on Wednesday, December 18th. Janney Montgomery Scott initiated coverage on shares of Sila Realty Trust in a report on Thursday, October 3rd. They set a "buy" rating and a $28.00 price objective on the stock.
View Our Latest Stock Analysis on Sila Realty Trust
Sila Realty Trust Price Performance
The business's fifty day simple moving average is $25.00. 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 Announces Dividend
The business also recently declared a monthly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were issued a $0.1333 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 6.87%. The ex-dividend date of this dividend was Friday, November 29th.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in SILA. EverSource Wealth Advisors LLC purchased a new stake in shares of Sila Realty Trust during the second quarter worth about $26,000. Oakworth Capital Inc. acquired a new position in Sila Realty Trust in the 3rd quarter valued at $35,000. Cullen Frost Bankers Inc. acquired a new stake in Sila Realty Trust during the 2nd quarter worth $49,000. Anchor Investment Management LLC purchased a new stake in shares of Sila Realty Trust during the second quarter worth $60,000. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in shares of Sila Realty Trust in the second quarter valued at about $67,000.
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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