Sila Realty Trust (NYSE:SILA) Given New $28.00 Price Target at Truist Financial

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

Sila Realty Trust Trading Up 2.0 %

Sila Realty Trust stock opened at $26.20 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78. Sila Realty Trust has a 52 week low of $20.20 and a 52 week high of $26.75. The stock has a fifty day moving average of $24.70 and a 200-day moving average of $24.97.

Sila Realty Trust Dividend Announcement

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

Institutional Trading of Sila Realty Trust

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Carolina Wealth Advisors LLC bought a new position in Sila Realty Trust in the 4th quarter valued at approximately $26,000. MetLife Investment Management LLC acquired a new position in Sila Realty Trust in the 4th quarter valued at approximately $39,000. Pineridge Advisors LLC raised its stake in shares of Sila Realty Trust by 244.0% during the fourth quarter. Pineridge Advisors LLC now owns 3,244 shares of the company’s stock valued at $79,000 after acquiring an additional 2,301 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Sila Realty Trust by 507.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,465 shares of the company’s stock worth $84,000 after purchasing an additional 2,895 shares during the period. Finally, Sound Income Strategies LLC grew its stake in shares of Sila Realty Trust by 16.8% in the fourth quarter. Sound Income Strategies LLC now owns 5,690 shares of the company’s stock worth $138,000 after purchasing an additional 817 shares during the last quarter.

About Sila Realty Trust

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.