Sila Realty Trust, Inc. (NYSE:SILA - Get Free Report) shares rose 1.4% on Friday . The stock traded as high as $26.71 and last traded at $27.39. Approximately 16,738 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 608,718 shares. The stock had previously closed at $27.00.
Analysts Set New Price Targets
Separately, Truist Financial raised their target price on shares of Sila Realty Trust from $27.00 to $28.00 and gave the stock a "buy" rating in a report on Monday, March 17th.
View Our Latest Research Report on SILA
Sila Realty Trust Trading Up 5.1 %
The firm has a fifty day moving average price of $25.44 and a two-hundred day moving average price of $25.12. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.37.
Sila Realty Trust Dividend Announcement
The business also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th were paid a dividend of $0.40 per share. The ex-dividend date was Wednesday, March 12th.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in SILA. Vanguard Group Inc. grew its stake in Sila Realty Trust by 94.0% in the 4th quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company's stock worth $124,839,000 after acquiring 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 worth $51,699,000 after purchasing an additional 1,500,624 shares in the last quarter. Conversant Capital LLC increased its holdings in Sila Realty Trust by 6.4% during the 4th quarter. Conversant Capital LLC now owns 1,924,033 shares of the company's stock worth $46,792,000 after purchasing an additional 115,552 shares during the period. William Blair Investment Management LLC bought a new stake in Sila Realty Trust during the 4th quarter valued at $25,918,000. Finally, State Street Corp purchased a new stake in shares of Sila Realty Trust in the 3rd quarter worth $22,303,000.
About Sila Realty Trust
(
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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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