Shares of Sila Realty Trust, Inc. (NYSE:SILA - Get Free Report) hit a new 52-week high on Friday . The stock traded as high as $26.57 and last traded at $26.44, with a volume of 64586 shares. The stock had previously closed at $26.14.
Wall Street Analyst Weigh In
Several brokerages have commented on SILA. Truist Financial assumed coverage on Sila Realty Trust in a research report on Monday, October 7th. They set a "buy" rating and a $29.00 price objective 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 target for the company.
Read Our Latest Research Report on SILA
Sila Realty Trust Price Performance
The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37. The company has a 50 day moving average of $25.38.
Sila Realty Trust Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 29th will be paid a $0.1333 dividend. The ex-dividend date is Friday, November 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.01%.
Institutional Trading of Sila Realty Trust
Several institutional investors have recently bought and sold shares of the company. Long Pond Capital LP purchased a new stake in Sila Realty Trust during the 2nd quarter valued at $49,981,000. State Street Corp purchased a new stake in shares of Sila Realty Trust during the third quarter valued at $22,303,000. Millennium Management LLC bought a new stake in Sila Realty Trust in the 2nd quarter worth about $16,010,000. Cambridge Investment Research Advisors Inc. bought a new stake in Sila Realty Trust in the 2nd quarter worth about $15,534,000. Finally, Geode Capital Management LLC purchased a new position in Sila Realty Trust in the 3rd quarter worth about $14,599,000.
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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