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

Sila Realty Trust (NYSE:SILA) had its price target boosted by Truist Financial from $27.00 to $28.00 in a research report released on Monday morning,Benzinga reports. Truist Financial currently has a buy rating on the stock.

Sila Realty Trust Trading Up 2.0 %

Shares of Sila Realty Trust stock opened at $26.20 on Monday. Sila Realty Trust has a 1 year low of $20.20 and a 1 year high of $26.75. The business has a fifty day simple moving average of $24.70 and a two-hundred day simple moving average of $24.97. 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 Announces Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 12th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, March 12th.

Institutional Trading of Sila Realty Trust

A number of institutional investors have recently bought and sold shares of SILA. Landscape Capital Management L.L.C. acquired a new position in Sila Realty Trust in the 3rd quarter valued at $867,000. Charles Schwab Investment Management Inc. bought a new position in shares of Sila Realty Trust in the third quarter worth $8,100,000. Concorde Asset Management LLC acquired a new position in Sila Realty Trust in the third quarter valued at about $219,000. Larson Financial Group LLC lifted its position in Sila Realty Trust by 22.0% during the third quarter. Larson Financial Group LLC now owns 110,064 shares of the company’s stock worth $2,784,000 after purchasing an additional 19,854 shares during the period. Finally, Centaurus Financial Inc. grew its stake in Sila Realty Trust by 130.9% during the third quarter. Centaurus Financial Inc. now owns 66,195 shares of the company’s stock worth $1,674,000 after buying an additional 37,531 shares in the last quarter.

Sila Realty Trust Company Profile

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.