Millennium Management LLC Takes Position in Sila Realty Trust, Inc. (NYSE:SILA)

Millennium Management LLC acquired a new position in Sila Realty Trust, Inc. (NYSE:SILA) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 756,258 shares of the company’s stock, valued at approximately $16,010,000. Millennium Management LLC owned approximately 1.32% of Sila Realty Trust at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Baldwin Brothers LLC MA acquired a new stake in shares of Sila Realty Trust in the second quarter worth about $191,000. Lion Street Advisors LLC bought a new stake in Sila Realty Trust during the second quarter worth approximately $239,000. Diversify Advisory Services LLC acquired a new position in Sila Realty Trust during the second quarter valued at approximately $923,000. Sound Income Strategies LLC bought a new position in shares of Sila Realty Trust in the second quarter valued at approximately $406,000. Finally, Ignite Planners LLC acquired a new stake in shares of Sila Realty Trust in the second quarter worth $249,000.

Sila Realty Trust Price Performance

SILA opened at $25.15 on Friday. The company has a 50 day simple moving average of $24.11. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.24 and a quick ratio of 2.24. Sila Realty Trust, Inc. has a 1-year low of $7.45 and a 1-year high of $26.50.

Sila Realty Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a dividend of $0.1333 per share. This represents a $1.60 annualized dividend and a yield of 6.36%. The ex-dividend date is Monday, September 30th.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. BNP Paribas assumed coverage on shares of Sila Realty Trust in a research note on Tuesday, June 25th. They issued an “outperform” rating and a $30.00 target price on the stock. Janney Montgomery Scott began coverage on Sila Realty Trust in a research note on Thursday. They issued a “buy” rating and a $28.00 price objective on the stock.

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.