Sila Realty Trust (NYSE:SILA) Reaches New 1-Year High at $26.28

Posted by MarketBeat News on Sep 23rd, 2024

Shares of Sila Realty Trust, Inc. (NYSE:SILA – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $26.28 and last traded at $25.92, with a volume of 314466 shares changing hands. The stock had previously closed at $25.20.

Wall Street Analyst Weigh In

Separately, BNP Paribas assumed coverage on shares of Sila Realty Trust in a report on Tuesday, June 25th. They set an “outperform” rating and a $30.00 target price for the company.

Check Out Our Latest Analysis on SILA

Sila Realty Trust Stock Performance

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The company’s fifty day moving average is $23.61.

Sila Realty Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be issued a $0.1333 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $1.60 dividend on an annualized basis and a yield of 6.10%.

Hedge Funds Weigh In On Sila Realty Trust

A number of hedge funds have recently added to or reduced their stakes in SILA. Long Pond Capital LP purchased a new stake in Sila Realty Trust during the 2nd quarter valued at $49,981,000. Millennium Management LLC purchased a new stake in Sila Realty Trust during the 2nd quarter valued at $16,010,000. Cambridge Investment Research Advisors Inc. purchased a new stake in Sila Realty Trust during the 2nd quarter valued at $15,534,000. Cetera Investment Advisers purchased a new stake in Sila Realty Trust during the 2nd quarter valued at $7,547,000. Finally, Madrona Financial Services LLC purchased a new stake in Sila Realty Trust during the 2nd quarter valued at $4,686,000.

Sila Realty Trust Company Profile

(Get Free Report)

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.