877,389 Shares in Sila Realty Trust, Inc. (NYSE:SILA) Purchased by State Street Corp

State Street Corp acquired a new stake in Sila Realty Trust, Inc. (NYSE:SILA) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 877,389 shares of the company’s stock, valued at approximately $22,303,000. State Street Corp owned approximately 1.59% of Sila Realty Trust at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. GoalVest Advisory LLC purchased a new position in shares of Sila Realty Trust in the 2nd quarter valued at about $25,000. Global Financial Private Client LLC purchased a new position in Sila Realty Trust in the second quarter valued at about $26,000. EverSource Wealth Advisors LLC acquired a new stake in shares of Sila Realty Trust during the 2nd quarter valued at approximately $26,000. DiNuzzo Private Wealth Inc. purchased a new stake in shares of Sila Realty Trust during the 2nd quarter worth approximately $27,000. Finally, LRI Investments LLC purchased a new stake in shares of Sila Realty Trust during the 2nd quarter worth approximately $30,000.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SILA. Janney Montgomery Scott assumed coverage on Sila Realty Trust in a report on Thursday, October 3rd. They set a “buy” rating and a $28.00 price objective for the company. Truist Financial cut their price target on 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.

Sila Realty Trust Stock Performance

Shares of Sila Realty Trust stock opened at $24.46 on Monday. Sila Realty Trust, Inc. has a 1 year low of $7.45 and a 1 year high of $26.75. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. The stock’s 50 day moving average is $25.33.

Sila Realty Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were issued a $0.1333 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.54%.

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.