Sila Realty Trust (NYSE:SILA) Research Coverage Started at Truist Financial

Truist Financial began coverage on shares of Sila Realty Trust (NYSE:SILA) in a research note issued to investors on Monday, Marketbeat reports. The firm issued a buy rating and a $29.00 price target on the stock.

A number of other research analysts have also recently issued reports on SILA. Janney Montgomery Scott started coverage on Sila Realty Trust in a research note on Thursday, October 3rd. They set a buy rating and a $28.00 price objective for the company. BNP Paribas started coverage on Sila Realty Trust in a research note on Tuesday, June 25th. They issued an outperform rating and a $30.00 price target for the company.

Sila Realty Trust Trading Up 0.6 %

Shares of NYSE:SILA opened at $24.90 on Monday. The company’s fifty day moving average is $24.18. Sila Realty Trust has a 12-month low of $7.45 and a 12-month high of $26.50. 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 Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $0.1333 dividend. This represents a $1.60 annualized dividend and a dividend yield of 6.42%. The ex-dividend date is Monday, September 30th.

Institutional Trading of Sila Realty Trust

Large investors have recently modified their holdings of the company. Cooper Financial Group bought a new position in shares of Sila Realty Trust in the second quarter worth about $721,000. Pineridge Advisors LLC purchased a new stake in shares of Sila Realty Trust in the second quarter worth about $362,000. Diversify Wealth Management LLC purchased a new stake in shares of Sila Realty Trust in the second quarter worth about $3,082,000. Dynamic Advisor Solutions LLC purchased a new stake in shares of Sila Realty Trust in the second quarter worth about $749,000. Finally, J.W. Cole Advisors Inc. purchased a new stake in shares of Sila Realty Trust in the second quarter worth about $724,000.

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.