Sila Realty Trust (NYSE:SILA) Research Coverage Started at Janney Montgomery Scott

Janney Montgomery Scott assumed coverage on shares of Sila Realty Trust (NYSE:SILA) in a report released on Thursday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $28.00 price objective on the stock.

Separately, BNP Paribas started coverage on shares of Sila Realty Trust in a research report on Tuesday, June 25th. They set an outperform rating and a $30.00 target price on the stock.

Sila Realty Trust Stock Down 1.5 %

Shares of NYSE SILA opened at $25.15 on Thursday. Sila Realty Trust has a 12 month low of $7.45 and a 12 month high of $26.50. The stock has a 50 day simple moving average of $24.11. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 0.35.

Sila Realty Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.1333 per share. This represents a $1.60 dividend on an annualized basis and a yield of 6.36%. The ex-dividend date of this dividend is Monday, September 30th.

Hedge Funds Weigh In On Sila Realty Trust

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC bought a new stake in shares of Sila Realty Trust in the 2nd quarter worth approximately $26,000. GoalVest Advisory LLC acquired a new position in shares of Sila Realty Trust in the second quarter valued at $25,000. Global Financial Private Client LLC acquired a new position in shares of Sila Realty Trust in the second quarter valued at $26,000. DiNuzzo Private Wealth Inc. bought a new position in Sila Realty Trust in the second quarter worth $27,000. Finally, LRI Investments LLC acquired a new stake in Sila Realty Trust during the second quarter worth $30,000.

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.