State Street Corp Acquires New Position in Sila Realty Trust, Inc. (NYSE:SILA)

State Street Corp bought a new position in Sila Realty Trust, Inc. (NYSE:SILA) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 877,389 shares of the company’s stock, valued at approximately $22,303,000.

Other institutional investors also recently bought and sold shares of the company. Axxcess Wealth Management LLC boosted its holdings in shares of Sila Realty Trust by 7.0% during the third quarter. Axxcess Wealth Management LLC now owns 12,180 shares of the company’s stock worth $308,000 after purchasing an additional 800 shares during the last quarter. Captrust Financial Advisors increased its stake in Sila Realty Trust by 4.7% in the third quarter. Captrust Financial Advisors now owns 19,083 shares of the company’s stock valued at $483,000 after purchasing an additional 852 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new position in Sila Realty Trust during the second quarter worth about $26,000. GoalVest Advisory LLC acquired a new stake in Sila Realty Trust in the 2nd quarter worth about $25,000. Finally, Global Financial Private Client LLC purchased a new stake in Sila Realty Trust in the 2nd quarter valued at about $26,000.

Sila Realty Trust Stock Performance

Sila Realty Trust stock opened at $24.46 on Monday. Sila Realty Trust, Inc. has a 12 month low of $7.45 and a 12 month high of $26.75. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.37. The stock has a 50-day moving average price of $25.33.

Sila Realty Trust Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on SILA shares. Janney Montgomery Scott began coverage on shares of Sila Realty Trust in a report on Thursday, October 3rd. They set a “buy” rating and a $28.00 price objective on the stock. Truist Financial cut their price target on shares of Sila Realty Trust from $29.00 to $28.00 and set a “buy” rating on the stock in a research note on Wednesday, December 18th.

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.