Creative Planning Buys New Position in Sila Realty Trust, Inc. (NYSE:SILA)

Creative Planning purchased a new position in Sila Realty Trust, Inc. (NYSE:SILA) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 22,546 shares of the company’s stock, valued at approximately $477,000.

Other institutional investors have also added to or reduced their stakes in the company. Long Pond Capital LP purchased a new stake in shares of Sila Realty Trust in the 2nd quarter worth $49,981,000. Millennium Management LLC bought a new position in shares of Sila Realty Trust in the second quarter worth about $16,010,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of Sila Realty Trust during the 2nd quarter valued at approximately $15,534,000. Madrona Financial Services LLC purchased a new stake in Sila Realty Trust in the 2nd quarter worth approximately $4,686,000. Finally, Commonwealth Equity Services LLC bought a new stake in Sila Realty Trust during the 2nd quarter worth approximately $3,519,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on SILA shares. Truist Financial assumed coverage on shares of Sila Realty Trust in a research report on Monday, October 7th. They issued a “buy” rating and a $29.00 price target for the company. BNP Paribas began coverage on shares of Sila Realty Trust in a report on Tuesday, June 25th. They issued an “outperform” rating and a $30.00 target price for the company. Finally, 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 target on the stock.

Sila Realty Trust Trading Up 1.6 %

Sila Realty Trust stock opened at $25.95 on Wednesday. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 0.35. The firm’s 50 day moving average is $24.34. Sila Realty Trust, Inc. has a 1 year low of $7.45 and a 1 year high of $26.50.

Sila Realty Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.1333 dividend. This represents a $1.60 annualized dividend and a yield of 6.16%. The ex-dividend date was Monday, September 30th.

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.