Sila Realty Trust (NYSE:SILA) Price Target Raised to $28.00 at Truist Financial

Sila Realty Trust (NYSE:SILA) had its target price raised by Truist Financial from $27.00 to $28.00 in a research report issued on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. Truist Financial’s target price points to a potential upside of 9.16% from the stock’s current price.

Sila Realty Trust Price Performance

NYSE SILA opened at $25.65 on Monday. The business has a fifty day moving average price of $24.65 and a two-hundred day moving average price of $24.95. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.78 and a current ratio of 0.78. Sila Realty Trust has a fifty-two week low of $20.20 and a fifty-two week high of $26.75.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Sila Realty Trust by 94.0% in the 4th quarter. Vanguard Group Inc. now owns 5,133,173 shares of the company’s stock valued at $124,839,000 after acquiring an additional 2,487,337 shares during the last quarter. Frontier Capital Management Co. LLC increased its holdings in Sila Realty Trust by 240.0% in the fourth quarter. Frontier Capital Management Co. LLC now owns 2,125,774 shares of the company’s stock valued at $51,699,000 after purchasing an additional 1,500,624 shares during the period. Conversant Capital LLC increased its holdings in Sila Realty Trust by 6.4% in the fourth quarter. Conversant Capital LLC now owns 1,924,033 shares of the company’s stock valued at $46,792,000 after purchasing an additional 115,552 shares during the period. William Blair Investment Management LLC acquired a new stake in Sila Realty Trust in the fourth quarter valued at $25,918,000. Finally, State Street Corp acquired a new stake in Sila Realty Trust in the third quarter valued at $22,303,000.

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.